'Too big to ignore' or 'expensive distraction'? Report claims locational energy pricing could slash bills and CO2

Stuart Stone
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Advisory report to Ofgem estimates revamp could cut CO2 by 100 MtCO2 and slash household bills by equivalent to £120 per year between 2025 and 2040

Switching to a locational market design for the UK's energy system could save households and businesses tens of billions of pounds on their bills through to 2040, while also helping to slash greenhouse...

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

GB Energy pledges to deliver clean power for 10 million homes by 2030

GB Energy pledges to deliver clean power for 10 million homes by 2030

Government-backed clean energy investment vehicle publishes first strategic plan, setting out how it intends to deliver 15GW of capacity and mobilise £15bn of private finance

Stuart Stone
clock 04 December 2025 • 3 min read
High Court rules 28 oil and gas exploration licences were lawful

High Court rules 28 oil and gas exploration licences were lawful

High Court upholds oil exploration licences granted under previous government, but says further approvals must account for ocean harm

Stuart Stone
clock 28 November 2025 • 5 min read
Watch Podcast LIVE! ESG partnerships that power the energy transition

Watch Podcast LIVE! ESG partnerships that power the energy transition

WATCH: Podcast Live! participants answer audience questions as they explore what effective, sustainable partnerships look like in practice

BusinessGreen Staff
clock 28 November 2025 • 3 min read