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POWER: Scottish Power Calls On End to Zonal Pricing Possibility

POWER
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Scottish Power has called for the Labour government to ditch the previous government's plan to assess the application of zonal power pricing as it would lead to uncertainty and impact grid decarbonisation goals, Scottish Power CEO Keith Anderson said, cited by Utility Week.

  • Introducing major changes, investing 10 times more than before, and aiming for decarbonisation by 2030, makes wholesale change a risky approach, according to Anderson.
  • Additionally, Anderson suggested that Great British Energy encourage growth in CCS and heat pumps rather than more funded sectors like wind.
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Scottish Power has called for the Labour government to ditch the previous government's plan to assess the application of zonal power pricing as it would lead to uncertainty and impact grid decarbonisation goals, Scottish Power CEO Keith Anderson said, cited by Utility Week.

  • Introducing major changes, investing 10 times more than before, and aiming for decarbonisation by 2030, makes wholesale change a risky approach, according to Anderson.
  • Additionally, Anderson suggested that Great British Energy encourage growth in CCS and heat pumps rather than more funded sectors like wind.