Industry warns Locational Marginal Pricing plans could add £87bn to net zero transition costs

Stuart Stone
clock • 4 min read
Industry warns Locational Marginal Pricing plans could add £87bn to net zero transition costs

Leading renewable energy trade bodies warns 'post code lottery' created by plans to allow for localised energy pricing could badly undermine efforts to meet net zero goals

A report published today by the UK's leading renewable energy trade bodies has warned energy market reforms being considered by the government to allow 'Locational Marginal Pricing' could add billions...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Middle East conflict sparks surge in solar enquiries from British households

Middle East conflict sparks surge in solar enquiries from British households

Data from Octopus Energy shows a spike in solar panel enquires, as households seek to shield themselves against latest energy price shock

clock 17 March 2026 • 3 min read
The unsung heroes of reliable 24/7 clean power

The unsung heroes of reliable 24/7 clean power

Hydropower and geothermal are not peripheral players in the energy transition - they are part of the backbone that can make 24/7 clean power systems a reality, writes Trigya Singh from the Global Renewables Alliance

Trigya Singh, Global Renewables Alliance
clock 16 March 2026 • 4 min read
Fortescue boss labels fossil fuels 'a weapon of war'

Fortescue boss labels fossil fuels 'a weapon of war'

Australian mining magnate Andrew Forrest hails renewables as 'a weapon of peace' that countries urgently need to adopt at scale to ensure energy security

Michael Holder
clock 13 March 2026 • 4 min read