Flexible Network Pricing Encourages Greater Sharing: Making the Grid Work for Itself and Distributed Energy Resources

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Abstract

Consumers in the united kingdom typically spend, on average, £33 billion/year for electricity, of which a significant portion (21% in 2017) is paid to distribution companies for delivering electricity to customer premises. To protect consumers' interest, Ofgem (Office of Gas and Electricity Markets), the energy regulator in the United Kingdom, is actively reforming network charges so that they remain usable for the purpose of facilitating the industry's transition to lowcarbon emissions.

Original languageEnglish
Article number9070010
Pages (from-to)26-32
Number of pages7
JournalIEEE Power and Energy Magazine
Volume18
Issue number3
Early online date17 Apr 2020
DOIs
Publication statusPublished - 1 May 2020

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Electrical and Electronic Engineering

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