Flexible Network Pricing Encourages Greater Sharing: Making the Grid Work for Itself and Distributed Energy Resources

Consumers in the united kingdom typically spend, on average, £33 billion/year for electricity, of which a significant portion (21% in 2017) is paid to distribution companies for delivering electricity to customer premises. To protect consumers' interest, Ofgem (Office of Gas and Electricity Markets), the energy regulator in the United Kingdom, is actively reforming network charges so that they remain usable for the purpose of facilitating the industry?s transition to lowcarbon emissions.