What are the challenges in getting households and electric vehicles to participate at scale in energy markets (barriers and solutions from a purely market entry perspective – not a social perspective)?
Background
BEIS has committed to ending the UK’s contribution to global warming by achieving net zero greenhouse gas emissions by 2050. Our work towards becoming a leader in green technologies and clean energy will drive economic growth, all whilst accelerating global climate action through strong international leadership.
Next steps
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Source
This question was published as part of the set of ARIs in this document:
Topics
- economy, business and finance
- business information
- corporate financing
- stock activity
- financial statement
- management
- strategy and marketing
- business governance
- commercial contract
- company spin-off
- energy market
- environment
- politics
- government policy
- economic policy
- economic development incentive
- science and technology
- society
- social services
Related UKRI funded projects
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Energy Revolution Research Consortium - Plus - EnergyREV - Market Design for Scaling up Local Clean Energy Systems
Smart local energy systems offer the new opportunity to unlock valuable demand flexibility from owners of distributed energy technologies, such as electric vehicles, home batteries and heat-pumps. When combined with cons...
Funded by: ISCF
Lead research organisation: University of Strathclyde
Why might this be relevant?
The project focuses on designing local and system-level energy markets to integrate clean energy systems at a national scale, which addresses the question of market entry challenges.
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Energy Transactions for Non-Traditional Services (EnTraNTS)
: Consumer spending on energy increased by 55% by 2012, compared to a decade earlier (ONS, 2014), despite falling energy use (largely in response to price hikes between 2004 and 2009) increased energy efficiency and warm...
Funded by: EPSRC
Lead research organisation: Loughborough University
Why might this be relevant?
The project does not directly address the question of market entry challenges for households and electric vehicles in energy markets.
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Realising Transition Pathways - Whole Systems Analysis for a UK More Electric Low Carbon Energy Future
The project will extend the work of the Transition Pathways project, in which an innovative collaboration between engineers, social scientists and policy analysts developed and analysed a set of 'transition pathways' tow...
Funded by: EPSRC
Lead research organisation: University of Bath
Why might this be relevant?
The project specifically focuses on analyzing the challenges and solutions for achieving a low carbon electricity system by 2050, which directly relates to the question.