Scottish Futures Trust issues warning against radical market change

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Evolution rather than revolution in electricity market arrangements is needed to reach net zero targets.

Official Press Release Scottish Futures Trust:

Radical change to electricity market risks delay to major new wind investment in Scotland, says new report

Report for Scottish Futures Trust says maintaining attractive market conditions is key to delivering long-term lower prices for consumers, a just transition and green ambitions / Scotland’s renewable electricity capacity needs to increase more than threefold to meet UK 2035 net zero target

Evolution rather than revolution in electricity market arrangements is needed if the UK is to meet its net zero targets, according to a report for infrastructure specialists the Scottish Futures Trust (SFT). Any move to locational marginal pricing put forward as one of the main options for reform by UK Government and favoured by some important electricity sector stakeholders, risks a long period of hiatus in significant new renewable electricity generation, at a time when a huge... ... More: Official Press Release Scottish Futures Trust

Scottish Futures Trust, report, warning, radical, market, change, condition, low, price, UK, Scotland

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