During the winter of 2022-23, the UK faced significant challenges in its energy sector, marked by unprecedented domestic prices. This Evidence, submitted by Dr Ahmed F. Zobaa (Reader in Electrical and Power Engineering, µÚÒ»³Ô¹ÏÍøUniversity London), delves into the multi-faceted causes of these disruptions, from grid adaptability issues to regulatory responses.
Key recommendations:
- A modernised grid infrastructure, enhanced grid-scale energy storage, and flexible interconnections should be prioritised.
- Beyond diversifying the energy mix, introducing smart grids, enhancing storage solutions, and raising public awareness about demand-response initiatives are crucial.
- Energy companies should proactively engage with struggling customers, offer flexible payment plans, and collaborate with NGOs and governments for assistance programs.
- Ofgem should focus on a proactive, data-driven approach, anticipate market challenges, and ensure continuous stakeholder engagement.
- It would be more effective to embrace a comprehensive energy strategy. Facilitate publicprivate partnerships, streamline bureaucratic processes, and encourage R&D in emerging energy technologies.
- An adaptive pricing mechanism bolstered by stringent oversight, regular reviews, and transparent communication should be championed for a balanced market.
This evidence was submitted in response to
Reported by:
Eliza Kania
eliza.kania@brunel.ac.uk