The Public Accounts Committee (PAC) announced on Wednesday 21 June that it has published a report on Decarbonising the power sector. This highlights that while the government has many separate ongoing power decarbonisation plans, its ambitions for power sector decarbonisation by 2035 are jeopardised by the lack of an overarching delivery plan.
On Wednesday 14 June, Citizens Advice published a report, It’s all about location – Will changing the way we price electricity deliver for consumers?, which reflects on the case for implementing locational pricing as a way to reform the current electricity market, and the risks that are to be considered if this pricing method is to be incorporated.
On Friday 9 June, DESNZ published its response to its Capacity Market 2023 consultation.
As part of the ongoing Energy Bill process, on Tuesday 6 June, the government issued guidance detailing a proposal to amend the existing duties of the Gas and Electricity Markets Authority (Ofgem) in order to provide it with a specific net zero duty which they will have regard to when carrying out their duties.
Regen published a report on Wednesday 24 May titled Building a GB electricity network ready for net zero, highlighting the urgent need for reform and investment given that lead times for critical low-carbon projects to connect to the grid are now over 15 years.
On Friday 19 May, the National Audit Office (NAO) published Support for innovation to deliver net zero. The report looks at whether the government is set to deliver value for money from its approach to investment in research and innovation to deliver net zero.