Global Transition

The international commitments of governments to decarbonise their economies by 2050 requires very high penetration of renewably produced electricity and heat. As volumes grow, the consistent drop in price of such energy is an important element of market growth. However, to deal with the consequent increases in intermittency of the delivered energy and to ensure that supplies are reliably and safely maintained, electricity networks need corresponding increases in storage and support services.

Whilst the traditional ways of operating and monetising network assets (generation, interconnections, and demand response systems) are changing, new energy-market structures and government incentives are attracting new actors such as storage and aggregated service suppliers.