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Getting GB electricity market design rightThe UK renewable energy sector has undergone remarkable change in the last two decades. However, much more growth is needed to meet the country’s decarbonisation targets. Now that renewables have become established, further scaling up requires wider changes to the electricity system. Network investment has not kept pace with the rapid increase in renewable energy build-out and as a result there is a challenge to transporting new renewable electricity to where it is needed. This paper sets out the challenges faced by the electricity system and the three associated changes needed to support the move to a greener future energy system. |
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Our Green Business TransformationØrsted, now the world’s most sustainable energy company, used to be one of Europe’s most fossil fuel intensive. Since we decided to transform to a green business, financial performance has significantly improved, whilst to 2020 we have reduced our carbon emissions by 86%. Our transition has been quicker than many, and even ourselves, thought possible. This paper first describes our transformation and then offers our suggested learnings about how to execute such a green business transformation, so that our journey may inspire yours. |