In order to truly maximise the benefits of flexibility – both economically and to ensure net zero is reached – Britain needs to move away from siloed solutions. While “great strides” have been made in the decarbonisation of the electricity sector with regards to the phase out of coal and the growth of renewables, the Carbon Trust’s director Andrew Lever told Current± recently, “the heat and transport sectors are now kind of coming into the crosshairs”. By approaching these with an integrated, whole systems perspective the benefits of decarbonisation can be shared, creating a more flexible system that is ultimately more cost effective. In the non-profit’s Flexibility Great Britain report, it argued that investing in flexibility is a “no-regrets decision” that could provide up to £16.7 billion in savings per annum in 2050. The report looked at the flexibility being deployed within distribution networks, and the discussion happening at a local level around this expansion. “What we actually found is that whilst flexibility deployed at a local level brings benefits at that local level, more than double is realised on a national level,” explained Lever. “We took the distribution region of London and said there’s about half a billion pounds of benefit by adopting flexibility that can be attributed to London, but just under a billion pounds of benefit that can be realised at a national level.
Current 2nd June 2021 read more »