Energy Supply
The question
To ask the Secretary of State for Energy Security and Net Zero, what recent assessment he has made of the potential merits of peer-to-peer energy transfers.
Answered by Michael Shanks
Peer-to-peer energy trading may, in some circumstances, support Government energy objectives, particularly those relating to community energy. The Department is working closely with Ofgem and other key stakeholders to determine how best to support local generation being matched with local demand.
The energy industry has also been working to make changes to industry rules to support the local trade of energy, including code modifications to the Balancing and Settlement Code, P442, and standardising the classification of local energy sites, P441.
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