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Posted 3 years ago | 2 minute read

Urgent action needed on grid flexibility, says REA

The Association for Renewable Energy and Clean Technology (REA) has said that without urgent action, billions more in funding could be needed in grid flexibility measures to balance the electricity system – slowing progress to net zero.

Published on 21 September, the latest Energy Transition Readiness Index 2021 concluded that changes are needed to increase the flexibility of the grid as more variable generation comes online, with the proportion of renewables continuing to grow in the country’s energy mix.

REA urged the government to:

Mark Davis, GridBeyond’s Managing Director UK & Ireland, said:

“Tools already exist for businesses to provide flexibility services to the grid, but the right regulatory framework needs to be created to unlock the private investment needed to reach net-zero.

“We are moving in the right direction concerning the decarbonisation of electricity generation, but it is important that firmer policy decisions are made sooner to avoid the more expensive consequences of inaction. The government has a real opportunity to demonstrate leadership and make the changes that would allow the grid to better integrate volatile renewables, while limiting the cost impacts on consumers.”

Notes

The report, published on 21 September, compared the readiness of 12 European countries, ranking them on a scale of 1-5. It evaluated that the UK, rated 3, is well behind Finland, Norway, and Sweden, which were all rated 5.

Source: REA

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