CREDS responded to BEIS consultation on its vision for the future of energy retail markets as port of the Future energy market review.
As part of the Future energy market review, BEIS sought views on its vision for the future of energy retail markets, including key opportunities and challenges.
Summary of our response
The position of the consultation document is that there are challenges to increasing flexibility whilst maintaining high levels of access for all consumers and these should be studied and understood. We agree with this general position and in our response we try to unpack some of these challenges and provide information on how research can be used to facilitate the transition to an energy system which is not only more efficient from a technical perspective, but also fair for consumers.
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