Pixie Chart of the week | Comparing Flexibility Markets Across Northern Europe

The Renewable Energy Association (REA) ranks GB eighth out of nine European electricity markets in its inaugural Energy Transition Readiness Index. The assessment shows the development of flexibility markets and readiness for energy transition is at different stages of maturity across Europe. The report states that regulatory uncertainty, lack of visibility on returns and technical challenges are hindering investment in flexibility services, risking delays in the UK’s energy transition.

In this Chart of the week, we look at the Energy Transition Readiness Index in more detail.

Laura Woolsey

Laura Woolsey

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