Market and regulatory frameworks for a low carbon gas system
A report assessing a number of different market and regulatory models that could support a low carbon gas network in 2050.
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As part of its wider research into heat decarbonisation, BEIS commissioned Frontier Economics to:
- identify what market models and regulatory frameworks may look like in 2050 under a range of scenarios for a low carbon gas system, and to understand their strengths and weaknesses
- look at the risks, uncertainties and barriers there may be in the transition to a low carbon gas system, and present options for how these may be managed or overcome.
The aim of this project is not to describe optimal scenarios for gas system decarbonisation or to set out recommendations for government action. Instead, this report aims to objectively describe challenges likely to be associated with a low carbon gas system and present a wide range of strategies for overcoming these challenges.