Wednesday, 5 August 2009

Ofgem's green proposals

In its proposals for the Distribution Price Control review for 2010-2015, Ofgem, the UK gas and electricity regulator, has included a new £500m Low Carbon Networks Fund for large-scale trials of advanced technology and commercial initiatives.

The proposed fund (worth £100m a year for five years) will support trials of smart grids and new commercial arrangements with customers. These capabilities are seen as necessary to help the networks accommodate growth in local generation, electric vehicle use and other developments anticipated in a low-carbon economy.

Whilst the expectation is that the main demands for these capabilities will not be before 2015, Ofgem believes that the likely extent of change and the time needed to install new equipment means the suppliers should act now.

It's certainly going to be a long process to get an effective smart grid up and running, so the sooner the investment starts the better.

© The Green IT Review

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