The recent policy discussion in the UK on the economic case for demand response (DR) calls for a reflection on available evidence regarding its costs and benefits. Existing studies tend to consider the size of investments and returns of certain forms of DR in isolation and do not consider...

This paper explores the possible evolution of UK electricity demand as we move along three potential transition pathways to a low carbon economy in 2050. The shift away from fossil fuels through the electrification of demand is discussed, particularly through the uptake of heat pumps and...