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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Future Energy & Transport Tool
Our relationship with energy is about to change. We are moving from being simply users of energy to becoming a nation of generators, avoiders and storers of power. Electricity on its own won't be sold on a simple flat 'p...
Funded by: ISCF
Why might this be relevant?
The project addresses challenges in getting households and electric vehicles to participate in energy markets, focusing on market entry perspective.
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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
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
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.