Researchers Stephen Hall of the University of Leeds and Jeffrey Hardy of Imperial College London have studied the the effects of energy policy on the creation of new markets, and, in their publication, concluded that a transition to a low-carbon economy by the UK could result in £21 billion per year of new value by 2050 for electricity utilities.
Considering large-scale low-carbon generation like offshore wind or new nuclear power stations, and the provision of charging infrastructure for electric vehicles, new markets would be created that would lead to revenue worth up to 30% of the total energy market.
The Energy Collective
Why not share this article?
