AFRY study finds a move to locational pricing in UK electricity market would be high risk for little reward
AFRY Management Consulting has published a report summarising the second phase of its study on reform of electricity market arrangements in Great Britain.Over the past 15 months, AFRY has completed a review of electricity market arrangements in Great Britain, in response to a government consultation. Using its power modelling expertise, AFRY assessed proposals to switch to locational electricity markets. Changing to a zonal or nodal market could dent investor confidence and comes with little modelled benefit. Investor confidence is particularly important considering the recent offshore wind