Barriers to investment in greater flexibility in the UK’s power networks need to be urgently addressed according to an industry body after a report found the country is ranked second to last place in Europe.
The report, published by the Association for Renewable Energy & Clean Technology (REA), studied nine European countries and found the only system with less flexibility than the UK’s was France.
The Netherlands topped the table, with Finland, Sweden, Denmark, Ireland and Norway also scoring highly, while Germany joined the UK and France in lagging behind the pack according to the report which was commissioned by Drax and Eaton.
The REA blamed regulatory uncertainty, lack of visibility on returns and technical challenges for impeding flexibility investment in the UK.
Chief Executive Nina Skorupska said: “The REA is calling for the next government to address the barriers to flexibility by delivering wholesale systems change and reform Ofgem as a priority.”