The UK needs to install 100GW of new solar and wind and 30GW of energy storage to meet its goal of net-zero emissions by 2050, according to a new report by Aurora Energy Research. The Oxford, UK-based research firm is calling on the British government, the country’s gas and electricity regulator Ofgem, and the system operator – National Grid – to work together to put a price on carbon, to clearly define the challenges that lie ahead, and to allow the market to decide on the technologies that will balance and boost the system. “Balancing a net zero power system will require low carbon forms of flexibility which are not yet commercially viable to be delivered at a large scale,” said research director Richard Howard. “Government will need to intervene to bring these options to fruition – through carbon pricing and technology-agnostic flexibility markets to drive competition and innovation.” According to the document, the UK needs to swell its wind and solar capacity four-fold to 140GW in 2050 from 33GW today in order to meet the climate goal set by outgoing Prime Minister Theresa May in June. 30GW of new nuclear and 3GW of carbon capture storage will also be required. As renewables engulf the electricity market, backup capacity that can quickly ramp up and down to accommodate hefty swings in residual demand will be critical.
PV Tech 15th Oct 2019 read more »