According to a report by the Renewable Energy Association (REA), regulatory uncertainty, lack of visibility
on returns and technical challenges are hindering investment in flexibility services, risking delays in the
UK’s energy transition. Published on Wednesday 13 November, The Energy Transitions Readiness Index,
issued by the Association for Renewable Energy and Clean Technology and commissioned by Eaton and
Drax, found that Britain ranked eighth out of nine northern European countries, and scored poorly on areas
such as a clear and stable regulatory and market framework. The report also noted potential difficulties
accessing the distribution network and a lack of progress on delivering smart electric vehicle charging.