What are Scope 3 emissions, how can they be measured and what benefit is there to organisations measuring them?
The energy storage market has moved on since the first version of this REA report was published in autumn 2015, but the underlying drivers remain unchanged – a significant increase in renewable energy supplies amid growing demand for energy. At the same time, various factors are putting increasing pressure on the electricity grid network. The landmark EFR contracts (see full list in new Annex C) has kick started the large scale end of the market and turned the eyes of the world on UK energy storage providers.
This Annex supports the Committee’s advice on setting a target to reach net-zero greenhouse gas (GHG) emissions in the UK by 2050.1 In that advice we set out scenarios, based on a ‘Further Ambition’ scenario, to show how the UK can reduce GHG emissions to net-zero across the economy by 2050.