The REA is urging the House of Lords to back Energy Bill amendments on three crucial issues when the bill is debated today and on Wednesday.
The first issue focuses on market access for independent generators. These amendments are designed to enable independent renewable generators to achieve the reference price for their power sales and compete with the major utilities.
Up to 50 per cent of the £110bn of investment required to ensure energy security and decarbonisation objectives through to 2020 is expected to be delivered by independent generators.
The second amendment commits the government to developing an energy storage strategy to enable energy users to derive the maximum value from decentralised and intermittent renewable electricity e.g. from solar, wave and wind power.
The final issue refers to eliminating waste to landfill. This amendment commits the government to developing a strategy to phase out the landfilling of all organic wastes, so that their value for composting and energy generation can be realised while significantly reducing greenhouse gas emissions.
REA chief executive Dr Nina Skorupska said: “Improving market access for independent generators is critical to the Energy Bill’s success. Boosting competition by enabling independent generators to access the market is good for consumers and vital for British jobs and businesses.
“This is a real opportunity to do something to boost competitiveness at a time when competition in the market is under intense scrutiny.
“As the share of renewable electricity in the UK increases, the ability to store wind, wave and solar electricity generated at times of high supply or low demand, and deploy it at times of low supply or high demand, will become more and more important. Government must get ahead of the curve on energy storage.
“Finally, landfilling organic waste has no place in a green economy. There is a tremendous amount of value that can be derived from biowastes through composting and anaerobic digestion, both in terms of physical resource and business opportunities for the rural economy.”