Ross Easton, Director of External Affairs at Energy Networks Association, which represents the UK and Ireland’s energy networks businesses, said:
“As we move to an energy system where there is a greater partnership with consumers it is critical we ensure they are properly protected and rewarded while we deliver Net Zero. Doing so needs this sort of holistic market review. We’re working closely with the government to make sure these reforms help and not hinder the markets of a Net Zero future, like our world-leading flexibility markets, and can deliver investment in the infrastructure of tomorrow."
Notes to editor
- The Department for Business, Energy and Industrial Strategy has published their review of electricity market arrangements
- Figures published by Energy Networks Association show that in the past 12 months 3.7GW of distribution network flexibility has been tendered, an increase of 31% since last year, and a 76% increase since 2020
- Network costs, including electricity and gas distribution and transmission, have remained largely flat since 2015 and, relative to the increasing wholesale price, have fallen as a percentage of the overall bill when the cost of the supply market failure is removed.
About us
Energy Networks Association (ENA) is the industry body representing the energy networks. Our members include every major electricity network operator in the UK. The electricity networks are at the heart of the energy transition. They directly employ more than 26,000 people in the UK, including 1,500 apprentices. They are spending and investing £33bn in our electricity grids over the coming years, to ensure safe, reliable and secure energy supplies for the millions of homes and businesses reliant on power every day.
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