Value of baseload capacity in low-carbon GB electricity system, 2018
Reports, plans and updates
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- CCL
- Domestic RHI
- FIT
- Non-Domestic RHI
- RO
The main objective of this study is to assess the need for baseload low-carbon technologies in the decarbonised UK power system over the coming decades. It therefore adopts the concept of marginal value of baseload capacity and quantifies how this value varies across a range of scenarios with different carbon constraints, system flexibility levels and other parameters. In the scope of the report baseload capacity was interpreted to primarily refer to nuclear generation, although the findings of the study could be extended to other low-carbon technologies with a similar cost structure (e.g. tidal power).