UK's Energy Market to Embrace Flexibility for a Cleaner Future

Ofgem has pushed ahead with plans to increase the flexibility of the UK’s energy market as it becomes more reliant on intermittent sources of energy, like wind and solar. In a statement this morning, the energy regulator launched a consultation on a proposed Flexibility Market Asset Registration FMAR, which would provide a single point of registration for flexible assets like EVs and heat pumps. Currently, Flexibility Service Providers must sign up multiple times for individual markets.

It will act as a single expert entity and play an important part in addressing the current issues with local flexibility markets. Enabling more flexible electricity usage is a crucial part of ensuring that the UK can get to clean power by 2030. Electricity usage is expected to rise by around 50 per cent over the next ten years as the number of EVs and heat pumps rises. Flexible power can help meet increased demand while managing less predictable supplies from renewable sources.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

First couple to move into Market Drayton’s newest retirement community encourage others to embrace changeThe average Brit moves home eight times during their lifetime. This is often for reasons including needing more space, relocating for work, and wanting to be closer to family.
출처: ShropshireStar - 🏆 98. / 51 더 많은 것을 읽으십시오 »

Stock Market's Short-Term Focus Threatens Energy Transition GoalsThe problem that most companies have with energy transition investments is that future cash flows may never materialize.
출처: OilandEnergy - 🏆 34. / 68 더 많은 것을 읽으십시오 »

LNG Market Crucial for Energy Security and Decarbonization PlansGlobal LNG markets are volatile due to the Russian-Ukraine war, which led the IEA to introduce measures for price stability, transparency, and trade facilitation.
출처: OilandEnergy - 🏆 34. / 68 더 많은 것을 읽으십시오 »

Market reforms could give Scots cheapest energy in Europe, says Octopus bossGreg Jackson said regional pricing could reduce bills across the UK and give Scotland the cheapest electricity in Europe.
출처: Glasgow_Times - 🏆 76. / 59 더 많은 것을 읽으십시오 »

Market reforms could give Scots cheapest energy in Europe, says Octopus bossGreg Jackson said regional pricing could reduce bills across the UK and give Scotland the cheapest electricity in Europe.
출처: Observer_Owl - 🏆 18. / 72 더 많은 것을 읽으십시오 »

Clear election result stabilises commercial energy market but price rises could be around the cornerCommercial energy and sustainability consultancy Advantage Utilities, has today released its Q3 Energy Market Report and has urged businesses to take advantage of favourable market conditions by locking in lower commercial energy prices ahead of future price spikes.
출처: The Yorkshire Post - 🏆 39. / 66 더 많은 것을 읽으십시오 »