Energy in the 21st Century NEWS SERVICE

We’re not costing energy correctly: reward clean energy optimisation, not maximum generation

E21NS  E21NS  E21NS  E21NS  E21NS July 23, 2021 Energy Post | Europe | energy: future

E21NS

Policy makers have become too focussed on supplying more clean energy. Demand optimisation should also be rewarded: efficiency, conservation (EVs, heat pumps, homes), shifting. To decarbonise energy, all assets should be valued, but the LCOE pricing metric is too simple to cover system management, network costs, and required storage.

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