The UK has made significant progress on renewable generation, but the retail energy market framework is now holding the next phase of the transition back.
Built for a legacy model of commodity supply, the current system is not set up to support the flexibility, innovation and customer engagement required to deliver Clean Power 2030.
In partnership with Energy UK, our latest report sets out where the framework is failing today, and what needs to change, drawing on perspectives from across suppliers, technology providers and consumer groups.
Retail market reform is a critical enabler, with the potential to deliver between £30bn and £70bn in consumer savings by 2050. Realising this opportunity will require a fundamental rethink of how we attract investment, enable innovation and engage consumers.
The report identifies four interconnected barriers holding the market back, alongside clear, practical recommendations to create a retail environment that supports providers and delivers better outcomes for customers.
Read the report below, or click here.
If you'd like to explore how these recommendations impact your organisation, please get in touch with our team.
We also hosted a Breakfast Breifing with Energy UK and the recording is avaible to watch below:
