Fairer Energy Future

📢 GMB is calling on the Government to rule out zonal pricing. Will you do the same? Find out more: https://lnkd.in/eCVAqsmU

The idea of zonal energy pricing is being pushed by one energy supplier - but we believe it’s a flawed concept. It’s complex, unfair, and risks slowing the UK’s green energy transition. In our latest blog post, we lay out 7 reasons why zonal pricing won’t work - and what we should be doing instead: https://lnkd.in/eniAG_Xd #ZonalPricing #BreakTheLink #Energy

The UK electricity market is set to change, bringing potential uncertainty to bills, businesses, and decarbonisation targets. But there’s still time for the UK government to make - what we believe - is the right choice through Enhanced National Pricing, so we can all work together to deliver Clean Power 2030, champion homegrown renewables, and make the UK an energy superpower. Discover Nadara’s view and support the Fairer Energy Future campaign: https://lnkd.in/drYbNnVA

£30bn worth of scheduled onshore investment in Scottish renewable projects could be put at risk if zonal energy pricing proposals are backed by the government. Read more: https://lnkd.in/efTZ3Uu2

🔥 Boralex stands firm with fellow renewable developers and leading UK industries that an enhanced national market price design is the best option to achieve Clean Power targets and provide value for money. In contrast, the zonal pricing option, implying that power prices are set locally, will lead to greater uncertainty for investors and will not replace the need to improve grid management. In a recent study delivered by BIGGAR Economics Ltd a zonal pricing could result in: 🚩 10 GW of onshore wind projects in Scotland stuck, unable to secure investment 🚩 Up to 8000 jobs required for construction and operation under threat 🚩 £15 billion of investment not flowing into the Scottish economy As a supporter of the Fairer Energy Future Campaign, we strongly believe that the time is now for stability to deliver the 2030 clean power targets at an affordable price for the UK economy BayWa r.e. Solar Distribution / FR, Ceramics UK CWP Global ERG Fred. Olsen Renewables Nadara OnPath Energy UK Steel Voltalia Scottish Renewables

Up to 8000 jobs and £30bn of scheduled investment in Scottish onshore wind projects could be put at risk if the UK government approves zonal energy pricing proposals later this month, a new report warns. https://lnkd.in/eNMhZuAh BIGGAR Economics Ltd Fairer Energy Future Department for Energy Security and Net Zero

A recent report by LCP Delta, based on DESNZ scenarios, found that only regions in the north of Scotland would benefit from a wholesale energy price decrease under a zonal pricing model. Whilst England and Wales would be most affected, even regions in central Scotland would see wholesale price increases.   In fact, the report states ‘higher price areas account for 97% of demand across the country meaning nearly all consumers will be paying increased wholesale prices for their energy’.   Is that fair? 

Lower energy bills is not an important factor for UK residents when considering moving home. In fact it came 11th out of 13 possible factors. Read more in our consumer survey: https://lnkd.in/e2vp-vK7

A recent survey found that most UK residents don't think zonal pricing is 'very fair'. It will inflate bills the most in areas where wind farms cannot easily be built, pushing up costs for both residents and businesses at a time when some are already struggling with the price of energy. Find out more: https://lnkd.in/e2vp-vK7

When surveyed, the average amount UK residents said they would need to save on their energy bills in order to move for cheaper energy was far higher than any calculated cost savings zonal pricing will bring. Find out more: https://lnkd.in/e2vp-vK7