A major cross-sector research initiative launched by the Carbon Trust is to investigate the ways a flexible energy system could advance the UK’s transition towards net zero emissions. The project will use modelling, research, and stakeholder interviews to identify how different sources of flexibility services across the heat, power, and transportation sectors could reduce overall system costs for consumers. The Carbon Trust will lead the consortium, which includes distribution network operators, energy companies, professional institutions, and city governments, while Imperial College London will manage the project’s modelling work. Conclusions expected for early 2021 aim to help policymakers and energy stakeholders carve out effective net zero road maps, the Carbon Trust said. Previous Carbon Trust and Imperial College research concluded that a better-connected, more flexible energy system could save British energy consumers as much as £40bn by mid-century.
Business Green 13th May 2020 read more »