Climatechangematters has published a reportà‚ High Energy Users and Renewablesà‚ which suggests that remote net metering could help British energy users control costs and participate in the transition to a low carbon economy.
Net metering, the report argues, would put industry in the same place as the domestic user so that wherever renewable generation capacity is located a high energy user could invest in generation plant and net output against its own consumption rather than sell to the market.à‚
Under this arrangement it would only pay for transmission balancing and other costs. The report suggests this could, depending on the circumstances, save à‚£3″10($5″16)/MWh compared to separately selling power to the grid and buying it back.
The Confederation of British Industry (CBI) says that many high energy intensity businesses are experiencing considerable pressure on their cost base which, in the short to medium term, is likely to be affected by the various measures introduced to encourage Britain’s transition to a low carbon economy.
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