Energy Monitor: Why state control of the UK power system can help drive the energy transition

Michael Pollitt, Professor of Business Economics at Cambridge Judge Business School, discusses future electricity system operation model in the UK.

“A private model would be an experiment and it is difficult to think of how the performance contract would work or how it would command cross-party political support,” he said. “An independent body within the public sector looks more sustainable, especially politically. We need institutions of net-zero governance which are robust to changes of government out to 2050 to encourage investment.”

Read the full article [energymonitor.ai]