Few topics have stirred as much debate in the GB energy sector as the question of whether the electricity market should shift from a national wholesale price to a zonal one.
It’s a topic that continues to divide opinion. Supporters argue that zonal pricing could unlock more efficient system operation and encourage better investment decisions. Critics warn that it may create uncertainty, undermine investor confidence, and fail to deliver the expected benefits in practice.
So, what’s the real story?
In our latest blog, we take a look at some of the key benefits and challenges associated with introducing zonal pricing in the GB market and set out the critical areas that any future market design will need to tackle.
Fill in this short form to download the full blog: Two Sides of the Coin: Benefits and Challenges of Zonal Pricing
If you would like to find out more about how Cornwall Insight could support you in understanding and forecasting the impacts of REMA, particularly the potential move to a zonally priced wholesale market, explore our Zonal Benchmark Power Curve.
You may also be interested in our recent Insight Paper: Revolution Takes Time: Implementing Zonal Power Pricing in GB
