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The United Kingdom Power Market Outlook to 2035, Update 2023 - Market Trends, Regulations, and Competitive Landscape

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    Report

  • 89 Pages
  • October 2023
  • Region: United Kingdom
  • GlobalData
  • ID: 5347991
This report discusses the power market structure of the UK and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. Detailed analysis of the country’s power market regulatory structure, competitive landscape, and a list of major power plants are provided. The report also gives a snapshot of the power sector in the country on broad parameters of macroeconomics, supply security, generation infrastructure, transmission and distribution infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential. An analysis of the deals in the country’s power sector is also included in the report.

Scope

  • Snapshot of the country’s power sector across parameters - macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential of the power sector.
  • Statistics for installed capacity, generation, and consumption from 2010 to 2022, and forecast for the next 13 years to 2035
  • Capacity, generation, and major power plants by technology
  • Data on leading active and upcoming power plants
  • Information on transmission and distribution infrastructure, and electricity imports and exports
  • Policy and regulatory framework governing the market
  • Detailed analysis of top market participants, including market share analysis and SWOT analysis

Reasons to Buy

  • Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s power sector
  • Identify key factors driving investment opportunities in the country’s power sector
  • Facilitate decision-making based on strong historic and forecast data
  • Develop strategies based on the latest regulatory events
  • Position yourself to gain the maximum advantage of the industry’s growth potential
  • Identify key partners and business development avenues
  • Identify key strengths and weaknesses of important market participants
  • Respond to your competitors’ business structure, strategy, and prospects

Table of Contents

1 Executive Summary
1.1 UK’s offshore wind surge faces roadblocks.
1.1 Residential sector dominates power consumption.
2 Introduction
2.1 UK Power Market
2.2 the analyst Report Guidance
3 UK Power Market, Snapshot
3.1 Country Summary
3.2 Macroeconomic Factors
3.3 Supply Security
3.4 Opportunities
3.5 Challenges
3.6 Impact of COVID-19
4 UK Power Market, Market Analysis
4.1 Market Structure
4.2 Key Market Players
4.3 Financial Deals
  • Deal Value and Volume, 2010-2022
  • Deals by Type, 2022
4.4 UK Power Market, Demand Structure
  • Power Consumption by Sector, 2022
5 UK Power Market, Regulatory Scenario
5.1 Thermal Power Policy
5.2 Hydropower Policy
5.3 Nuclear Power Policy
5.4 Renewable Energy Market, Overview
5.5 Policy Snapshot
5.6 Renewable Energy Targets
5.7 Electricity Market Reform 2011
5.8 Climate Change Act
  • Amendment 2019
5.9 The Clean Growth Strategy and Clean Growth Grand Challenge
5.10 Carbon Reduction target 2030
5.11 Hydrogen Policy in the UK
  • Overview
  • The Prime Minister’s Ten Point Plan 2020
  • Hydrogen Strategy
  • Powering our Net Zero Future: White Paper
  • Sixth Carbon Budget Report issued by the Climate Change Committee
5.12 Renewable Energy Guarantees of Origin
5.13 Renewable Obligation Order
5.14 Contracts for Difference (CfD)
5.15 Impact of Brexit on UK energy Industry
5.16 Carbon Emissions Tax 2018
5.17 Carbon Price Floor (CPF)
5.18 Carbon Price Support
5.19 Climate Change Levy
5.20 Smart Metering
5.21 Smart Export Guarantee (SEG)
5.22 Strategies and legislation in Northern Ireland, Scotland, and Wales
  • Northern Ireland
  • Scotland
  • Wales
5.23 Review of Electricity Market Arrangements (REMA)
5.24 British Energy Security Strategy
  • Package of support for innovative energy
6 UK Power Market, Capacity and Generation
6.1 Cumulative Capacity Share by Technology, 2022
6.2 Total Power Capacity and Generation, 2010-2035
6.3 Thermal Power Capacity and Generation, 2010-2035
6.4 Hydropower Capacity and Generation, 2010-2035
6.5 Nuclear Power Capacity and Generation, 2010-2035
6.6 Renewable Power Capacity and Generation, 2010-2035
7 UK Power Market, Transmission and Distribution Overview
7.1 Transmission Network
7.2 Distribution Network
7.3 Electricity Import and Export
7.4 Grid Interconnection
7.5 Electricity Trading
8 UK Power Market, Major Generating Companies
8.1 RWE AG
  • Company Overview
  • Business Description
  • SWOT Overview
8.2 SSE Plc
  • Company Overview
  • Business Description
  • SWOT Overview
8.3 Uniper SE
  • Company Overview
  • Business Description
  • SWOT Overview
8.4 Electricite de France SA
  • Company Overview
  • Business Description
  • SWOT Overview
9 Appendix
9.1 Abbreviations
9.2 Market Definitions
  • Power
  • Renewable Power
  • Installed Capacity
  • Electricity Generation
  • Electricity Consumption
9.3 Methodology
  • Coverage
  • Secondary Research
  • Primary Research
  • Modelling and Forecasting
  • About the Publisher
  • Contact the Publisher
List of Tables
  • Table 1: Power Market, UK, Macroeconomic Factors, 2010-2030
  • Table 2: Policy Snapshot, UK, 2022
  • Table 3: Renewable Obligation, Technology Eligibility, UK
  • Table 4: Renewable Obligation, Technology Eligibility, UK
  • Table 5: Renewable Obligation (ROC/MWh), UK, 2009-2023
  • Table 6: Renewable Energy, CfD First Allocation Round Results, UK, 2015
  • Table 7: Renewable Energy, CfD Second Allocation Round Results, UK, 2017
  • Table 8: Renewable Energy, CfD Third Allocation Round Results, UK, 2019
  • Table 9: Renewable Energy, CfD Fourth Allocation Round Results, UK, 2022
  • Table 10: Renewable Energy, CfD Fifth Allocation Round Schedule, UK, 2023
  • Table 11: Climate Change Levy (GBP/kWh or /kg), UK, 2016-2021
  • Table 12: Percentage Discount for CCA holders (%), UK, 2016-2021
  • Table 13: Carbon Price Support Rates* for Climate Change Levy, UK, 2015-2021
  • Table 14: Smart Export Guarantee Tariff, UK, 2022
  • Table 15: Power Market, UK, Cumulative Capacity and Annual Generation, 2010-2035
  • Table 16: Power Market, UK, Cumulative Capacity and Annual Generation Share by Technology, 2010-2035
  • Table 17: Thermal Power Market, UK, Cumulative Capacity and Annual Generation, 2010-2035
  • Table 18: Thermal Power Market, UK, Major Plants, 2022
  • Table 19: Hydropower Market, UK, Cumulative Capacity and Annual Generation, 2010-2035
  • Table 20: Hydropower Market, UK, Major Plants, 2022
  • Table 21: Nuclear Power Market, UK, Cumulative Capacity and Annual Generation, 2010-2035
  • Table 22: Nuclear Power Market, UK, Major Plants, 2022
  • Table 23: Renewable Power Market, UK, Cumulative Capacity (GW), 2010-2035
  • Table 24: Renewable Power Market, UK, Annual Generation (TWh), 2010-2035
  • Table 25: Renewable Power Market, UK, Major Plants, 2022
  • Table 26: Power Market, UK, Transmission Line Length (Ckm) by Voltage Level, 2010-2027
  • Table 27: Power Market, UK, Distribution Line Length (Ckm) by Voltage Level, 2010-2025
  • Table 28: Power Market, UK, Annual Electricity Import and Export (TWh), 2000-2022
  • Table 29: Power Market, UK, Upcoming Interconnection Projects
  • Table 30: Abbreviations
List of Figures
  • Figure 1: Power Market, UK, Power Consumption by Sector (%), 2022
  • Figure 2: Power Market, UK, Country Summary
  • Figure 3: Power Market, UK, Macroeconomic Factors, 2010-2030
  • Figure 4: Power Market, UK, Market Structure
  • Figure 5: Power Market, UK, Market Share of Generation Companies (%), 2022
  • Figure 6: Power Market, UK, Deal Value and Number of Deals, 2010-2022
  • Figure 7: Power Market, UK, Deals by Type (%), 2022
  • Figure 8: Power Market, UK, Annual Power Consumption, 2010-2035
  • Figure 9: Power Market, UK, Power Consumption by Sector (%), 2022
  • Figure 10: Power Market, UK, Cumulative Capacity Share by Technology (%), 2022
  • Figure 11: Power Market, UK, Cumulative Capacity and Annual Generation, 2010-2035
  • Figure 12: Power Market, UK, Capacity Share by Technology, 2010-2035
  • Figure 13: Power Market, UK, Annual Generation Share by Technology, 2010-2035
  • Figure 14: Thermal Power Market, UK, Cumulative Capacity and Annual Generation, 2010-2035
  • Figure 15: Hydropower Market, UK, Cumulative Capacity and Annual Generation, 2010-2035
  • Figure 16: Nuclear Power Market, UK, Cumulative Capacity and Annual Generation, 2010-2035
  • Figure 17: Renewable Power Market, UK, Cumulative Capacity, 2010-2035
  • Figure 18: Renewable Power Market, UK, Annual Generation, 2010-2035
  • Figure 19: Power Market, UK, Annual Electricity Import and Export, 2000-2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • RWE AG
  • SSE Plc
  • Uniper SE
  • Electricite de France SA
  • Orsted AS
  • Drax Group Plc
  • Iberdrola SA