In regard to REMA, are you concerned by a protect investment at all costs approach and what that might mean for consumer costs and their support for net zero policies more widely? I’m not convinced by minor tweaks to the edges given the transformation of the power system
I think you need to have a ceiling on your willingness to pay - there needs to be a point where costs could escalate to such an extent that the investment needed for 2030 becomes not worth it. But you won't discover that number until well after you'd put off REMA in any case.
Interesting, thanks. While I admire the ambition of the target, I worry what other considerations might be crowded out by a laser focus on the investment needed for 2030, to the detriment of consumers
In regard to REMA, are you concerned by a protect investment at all costs approach and what that might mean for consumer costs and their support for net zero policies more widely? I’m not convinced by minor tweaks to the edges given the transformation of the power system
I think you need to have a ceiling on your willingness to pay - there needs to be a point where costs could escalate to such an extent that the investment needed for 2030 becomes not worth it. But you won't discover that number until well after you'd put off REMA in any case.
Interesting, thanks. While I admire the ambition of the target, I worry what other considerations might be crowded out by a laser focus on the investment needed for 2030, to the detriment of consumers