There is no doubt that establishing alternative sources of flexibility is the key to the power system of the future in the UK. But, how can it be achieved?
“Embracing Flexibility: Transforming the Power System by 2030” is the third in a series of exclusive market insight reports developed by CGI in association with Utility Week, a leading media brand for the UK’s utilities industries.
The latest report reveals that energy players of all shapes and sizes in the UK are convinced that storage, demand side flexibility and interconnection are the answer to many of the challenges facing the country’s power market.
The report explores the following questions:
- How important is flexibility to energy businesses now and in the future?
- What contribution should grid scale storage and demand side flexibility make to this flexibility?
- What are the main drivers for flexibility, and what are the barriers?
- Is the regulatory and market framework fit for purpose?
The “Embracing Flexibility” report identifies greater differences in how the sector perceives what has become known as the “smart, flexible energy system.” Nevertheless, the report confirms that all sides continue to expect a step change in the level of opportunity from flexibility in the next decade, with a tipping point around 2023.
To learn more, download the full report.
Read the previous year’s reports on the CGI in the UK website: