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Baringa Report: The role of the state in the GB energy market
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What is the state’s role in the GB energy sector and how could it be extended to support decarbonisation objectives?
The state already plays an important role in the industry but given the ambition to decarbonise the power sector quickly, and on a path to achieving economy-wide net zero emissions, we think the role of the state needs to go further.
Working hand in hand with the private sector, the state could play four roles to successfully steer the GB energy sector and address decarbonisation; as a planner, a developer, an investor and an enabler.
That’s the conclusion of a study Baringa conducted with innovation agency NESTA.
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