POWER
Trade association RenewableUK Cymru is urging the UK government to reconsider its proposed zonal electricity pricing scheme, warning it could drive up energy costs in Wales, hinder clean energy investment, and disrupt economic growth, it said.
- Modelling by LCP Delta suggests Wales could be split into four zones, with three zones facing high prices due to high demand and limited generation (see Map).
- Proposed zones could place South Wales in the same zone as London, and much of Mid and North Wales in a zone with Manchester and Leeds, potentially raising Welsh energy bills.
- Additionally, Welsh industries like Port Talbot Steelworks, transitioning to electric arc furnaces, would face challenges if electricity prices rise, as they cannot easily relocate like data centres.
- The association emphasised the importance of modernising grid infrastructure to efficiently transfer renewable power where it's needed, rather than relying on pricing schemes.
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