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Cleaning Up: Leadership in an Age of Climate Change cover image

What a New UK Government Means for Climate and Energy - Ep169: Dr Simon Evans

Cleaning Up: Leadership in an Age of Climate Change

NOTE

Maximizing Economic Stimulation Through Zonal Power Pricing

Zonal power pricing in the UK can stimulate the economy by allowing regions with low-cost power, like Scotland, to benefit. Currently, windy conditions in Scotland and the north of England lead to decreased power prices, attracting buyers like France. However, grid constraints necessitate additional power generation in the south, hindering economic stimulation. The solution lies in enabling Scotland to capitalize on its low-cost power by implementing zonal pricing on the UK power markets.

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