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<p>Innovative technologies such as peer-to-peer energy trading could provide many
new opportunities and there are a number of ongoing trials in this field, some of
which are supported by InnovateUK and Government innovation funding. There are over
120 future systems projects across the UK, including those as part of the newly announced
Government funded ‘Prospering from the Energy Revolution’.</p><p> </p><p>The joint
Government and Ofgem Future Energy Retail Market Review is reviewing the design of
the energy retail market to promote competition and drive innovation by introducing
further flexibility into the regulatory framework. This will consider the barriers
preventing innovative business models entering the market, including peer-to-peer.</p>
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