UK could save £1bn by paying people to change electricity use

Lavanya Prabhakaran Updated - January 15, 2018 at 07:15 PM.

Paying customers is cheaper than building new capacity, says study

Power transmission lines hang from electricity pylons near Drax Power Station, operated by Drax Group Plc, in Selby, U.K., on Tuesday, March 11, 2014. Drax Group Plc, the operator of the U.K.'s biggest coal-fired power station, reported a 23 percent slump in full-year profit as carbon prices rose and it prepared to convert two more units to burn cleaner fuel. Photographer: Chris Ratcliffe/Bloomberg

Shifting power usage patterns could transform UK energy policy. The research, carried out by Open Energi suggests that a total of 3 gigawatts of electricity demand could be moved away from peak times. Read more here

Published on November 3, 2016 18:31