cover image: Aurora Report: Pathways and challenges to decarbonising the GB power sector

20.500.12592/tmpg9sn

Aurora Report: Pathways and challenges to decarbonising the GB power sector

21 Mar 2024

Three scenarios are presented in this report: ▪ BAU – a scenario following the current trajectory of policy development and market environment for the GB power sector generally aligned with Aurora’s regularly published Central scenario ▪ NZ30 – a scenario aiming to deliver Net Zero in the power sector by 2030 ▪ NZ35 – a scenario aiming to deliver Net Zero in the power sector by 2035 The Net Zero s. [...] Summary and key outcomes Despite ambitious political targets, achieving Net Zero in the power sector under the current policy and market environment is unlikely before the 2050s Net Zero power is unlikely to be reached before Reaching Net Zero in 2030 or 2035 would require the 2050 given current policy direction extensive system change ▪ Under current policy, GB is not set to reach Net Zero until. [...] Introduction – current trajectory and scenario overview This report presents three scenarios: Business-as-usual and scenarios to reach Net Zero in the power sector by 2035 and 2030 Business-as-usual (BAU) Net Zero 2035 (NZ35) Net Zero 2030 (NZ30) Business-as-usual assumes a trajectory based on To reach Net Zero in 2035, there are several Further accelerating Net Zero in the power sector the curren. [...] Power sector Net Zero in 2030 – scenario details Reaching Net Zero Power by 2030 would require a more radical overhaul of the electricity system at an infeasible rate Business-as-usual (BAU) Net Zero 2035 (NZ35) Net Zero 2030 (NZ30) Business-as-usual assumes a trajectory based on To reach Net Zero in 2035, there are several Further accelerating Net Zero in the power sector the current economic and. [...] Power sector Net Zero in 2035 – scenario details Net Zero Power by 2035 could potentially be achieved by immediate, large-scale coherent policy action, market design and financial support Business-as-usual (BAU) Net Zero 2035 (NZ35) Net Zero 2030 (NZ30) Business-as-usual assumes a trajectory based on To reach Net Zero in 2035, there are a number of Further accelerating Net Zero to 2030 requires th.

Authors

Robert Pearce

Pages
52
Published in
United Kingdom