Today the Government has announced reforms that will introduce so-called ‘zonal’ or ‘locational’ pricing in electricity markets. It will be disastrous. This will increase the costs of delivering new solar farms and lead to existing wind farms being abandoned. Overall the rate of renewable energy development is likely to decline. It will contribute nothing to the task of balancing increasing quantities of fluctuating renewables on the grid. Developers will be encouraged to build renewable schemes in the areas where there … read more »
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