The Cost of Energy Review and its implementation
分析了能源成本评估报告的三项核心建议（容量拍卖、独立系统运营商、碳价）遭遇既得利益阻力的原因，并论证前两项改革因技术变革而不可避免，拖延将导致能源成本持续偏高并阻碍创新。
The Cost of Energy Review recommended that, in the face of radical technical change, government should: move towards an Equivalent Firm Power capacity auction, integrating the renewables; establish independent public system operators at the national and regional levels; and move towards an economy-wide carbon price. These have met resistance from vested interests, in defence of the economic rents that have accumulated from the dense web of interventions that have accumulated. The paper shows that the first two of these reforms are nevertheless inevitable with active demand, storage, and decentralized generation technologies inverting the old assumptions of passive demand, no storage, and ever larger-scale generation that have underpinned the electricity industry for the past century. Delay in implementation means continued excess costs of energy and delays innovation.