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Home » Uncategorized » UK urged to drop locational marginal pricing
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UK urged to drop locational marginal pricing

SaraBy SaraJuly 9, 20242 Mins Read
‘Next UK government must push clean energy'

Scottish Renewables has called on the new UK government to rule out locational margin pricing, one of several recommendations it has put forward to establish Britain as a clean energy superpower.          

The trade body has urged London to adopt a “timely programme of evolutionary, not revolutionary, electricity market reform to support investment and consumers by ruling out Locational Marginal Pricing”.

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It is one of 10 recommendations Scottish Renewables said it would like the government to adopt during its first 100 days in power.

Others include increasing the Contracts for Difference (CfD) Allocation Round 6 (AR6) budget to secure contracts for Scottish projects, investing in Scotland’s renewable energy supply chain and ports in an Autumn Statement for green industrial growth and supporting the deployment of pumped storage hydro projects in Scotland.

Scottish Renewables chief executive Claire Mack said: “Scotland’s renewable energy industry is ready to play its part in delivering the UK Government’s mission of kickstarting economic growth and making Britain a clean energy superpower.

“We can hit the ground running by taking advantage of 10 quick wins identified by Scottish Renewables to unlock the enormous socio-economic potential of renewable energy projects across Scotland.

“Taking a range of immediate steps to maximise investment and deliver infrastructure should also be prioritised, from addressing disproportionate network charges and damaging market reform proposals to accelerating energy efficiency and supply chains.”

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