Search

Electricity Market is structured to fund reliable electricity supply, meet the need of consumers, ensure the affordability of end-users, and support national economic development. In recent years, to meet challenging emission target set by Government, power system in the UK has a rapid increase of integration with various-scale Renewable Energy Sources (RESs) and Energy Storage Systems (ESSs), which pushes the electricity market reform to accommodate the changes, encourage renewable energy integration, adopt new technologies, stimulate consumers participation, and ensure the power system resilience. The paper reviews the history of UK electricity market evolution, driving factors of reform, and the trend of current electricity market reform. In history, the UK electricity wholesale market has experienced three significant reform stages, which are introducing the Electricity Pool of England & Wales (the Pool) in the 1980s, implementing the New Electricity Trading Arrangements (NETA) in the 2000s, and performing the Electricity Market Reform (EMR) in 2013. To address the new emerging challenges in decarbonising power generation, the paper explains and analyses on-going electricity market changes and the trend for future electricity market reform. • Comprehensive review of UK electricity market mechanism and its history of evolution. • Explanation of the major UK electricity market reforms and the rational for all the reforms. • Clarification of the importance of electricity market in encouraging increases of renewable energy integration. • Analysis the trend for the future electricity market evolution. [ABSTRACT FROM AUTHOR]

The current editorial summarized some of the scientific works presented in the Sustainable Energy and Environmental Protection (SEEP) conference-held at the University of the West of Scotland, UK, 2018. The selected work was directly related to the scope of the Renewable, Sustainable Energy Reviews (RSER) journal. During the conference activities, experts from all around the world in the subjects of: renewable energy, climate change, optimization, and economics presented and discussed the progress made in renewable energy sources, as well as the new strategies for protecting the environment from the hazards connected with fossil fuel utilization. The methods presented in the conference focused on several directions: the development of efficient energy conversion systems with low/no environmental impacts; the suggested policies to widespread renewable energies; the restriction in the emission of greenhouse gases, and the recent progresses in CO 2 capture. This editorial focused on the renewable energy developments and their positive effect on the climate change, and briefly summarized the accepted manuscripts in this issue. • Effects of renewable energy on climate change. • Background on the International Conference on Sustainable Energy and Environmental Protection SEEP. • Summary of selected papers of SEEP 2018. [ABSTRACT FROM AUTHOR]

The current editorial summarized some of the scientific works presented in the Sustainable Energy and Environmental Protection (SEEP) conference-held at the University of the West of Scotland, UK, 2018. The selected work was directly related to the scope of the Renewable, Sustainable Energy Reviews (RSER) journal. During the conference activities, experts from all around the world in the subjects of: renewable energy, climate change, optimization, and economics presented and discussed the progress made in renewable energy sources, as well as the new strategies for protecting the environment from the hazards connected with fossil fuel utilization. The methods presented in the conference focused on several directions: the development of efficient energy conversion systems with low/no environmental impacts; the suggested policies to widespread renewable energies; the restriction in the emission of greenhouse gases, and the recent progresses in CO 2 capture. This editorial focused on the renewable energy developments and their positive effect on the climate change, and briefly summarized the accepted manuscripts in this issue. • Effects of renewable energy on climate change. • Background on the International Conference on Sustainable Energy and Environmental Protection SEEP. • Summary of selected papers of SEEP 2018. [ABSTRACT FROM AUTHOR]

Wind generation increased dramatically in the UK over the last decade, partially contributed by the consumer-funded Renewable Obligation (RO) scheme introduced in 2002 as part of the government policy to support renewable energy. Despite its success in stimulating electricity generation from renewable sources, the RO scheme was closed in 2017 and succeeded by an alternative scheme, raising questions on the policy change. This paper makes the first attempt to evaluate the RO scheme by comparing the reduced spending on electricity and the costs of the scheme, focusing on wind generation. Using daily average hourly data from April 2009 to March 2021, our results from the Prais-Winsten estimation suggest that a marginal increase of 1 GW in hourly wind generation reduced the wholesale electricity price by £1.28/MWh. However, we show that the reduced spending on electricity resulted from the lower price was not enough to offset the costs of the RO scheme attributed to wind farms. Therefore, the RO scheme brought negative gain to consumers through increased wind generation, indicating that its closure was in consumers' best interest. • Wind generation reduced prices in the wholesale electricity market. • Reduced spending on electricity was less than cost of the RO scheme. • Negative gain to consumers in most financial years from 2009–10 to 2020-21. [ABSTRACT FROM AUTHOR]