Latest news
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REMA Podcast Series: Expanded Balancing Mechanism vs Central Dispatch – Episode 4
Join Kate Hill and Kate Mulvany as they discuss expanding the Balancing Mechanism (BM) versus the Central Dispatch approach as part of the Review of Electricity Market Arrangements (REMA). Subscribers of our Industry Essentials service have access to all of our Thought Leadership content, including podcasts, insight papers, and blogs. Our customer portal, CATALYST, houses…
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REMA Podcast Series: Evolution of the CfD – Episode 3
Join Kate Hill and Kate Mulvany as they focus on the evolution of the Contracts for Difference (CfD) scheme as part of the Review of Electricity Market Arrangements (REMA). Subscribers of our Industry Essentials service have access to all of our Thought Leadership content, including podcasts, insight papers, and blogs. Our customer portal, CATALYST, houses…
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REMA Podcast Series: Overview of the 2nd REMA Consultation – Episode 2
Join Kate Hill and Kate Mulvany as they discuss Zonal Locational Pricing aspects of the Review of Electricity Market Arrangements (REMA). Subscribers of our Industry Essentials service have access to all of our Thought Leadership content, including podcasts, insight papers, and blogs. Our customer portal, CATALYST, houses insightful pieces from our energy experts in one…
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REMA Podcast Series: Overview of the 2nd REMA Consultation – Episode 1
Join Kate Hill and Kate Mulvany as they discuss an overview of the Review of Electricity Markets Arrangements (REMA) and give a synopsis on the second consultation of REMA. We will be releasing the rest of the podcast episodes of this REMA Series to our customer portal, CATALYST. Subscribers of our Industry Essentials service have…
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Regen issues response to second REMA consultation
On Wednesday 8 May, Regen published its response to the government’s second Review of Electricity Market Arrangements (REMA) consultation.
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Electricity Storage Network’s response to REMA consultation issued
On Wednesday 8 May, the Electricity Storage Network’s (ESN’s) response to the second Review of Electricity Market Arrangements (REMA) consultation was published.
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Sustainability First raises issues in REMA second consultation
On Tuesday 7 May, Sustainability First published a letter highlighting issues in the Review of Electricity Market Arrangements (REMA) second consultation.
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REA issues draft response to second REMA consultation
On Wednesday 1 May, the Association for Renewable Energy and Clean Technology (REA) published its draft response to the government’s Review of Electricity Market Arrangements (REMA) second consultation.
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Report urges policymakers to ensure market reforms benefit consumers
On Thursday 11 April, Citizen’s Advice published a discussion paper looking at how to ensure that the energy market reforms needed to reach net zero are beneficial for consumers.
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Outcome of CfD Sustainable Industry Reward consultation issued
On Wednesday 13 March, DESNZ published its response to a consultation through which it sought views on whether to introduce a Contracts for Difference (CfD) Sustainable Industry Reward (SIR) from CfD Allocation Round 7 (AR7) onwards.
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Government narrows down options for reform under its review of electricity market arrangements
Today the Government published its long-awaited second consultation on the Review of Electricity Market Arrangements (REMA).
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Government launches second REMA consultation
On Tuesday 12 March, the government published its long-awaited second consultation on the Review of Electricity Market Arrangements (REMA).
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Government issues release ahead of second REMA consultation
On Tuesday 12 March, the government released a statement, as part of the incoming second Review of Electricity Market Arrangements (REMA) consultation, committing to support the building of new gas power stations.
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ESNZ Committee to explore reformation of energy sector
On Tuesday 5 March, the Energy Security and Net Zero (ESNZ) Committee reported it has opened an inquiry into how the structure of the energy sector could be reformed to encourage greater decarbonisation, keep prices affordable for customers, and maintain a secure and reliable supply.
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Regen submits further evidence on LMP and progressive market reforms
On Friday 23 February, Regen submitted further written evidence to the Energy Security and Net Zero (ESNZ) Select Committee on locational marginal pricing (LMP) and progressive market reforms.
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SAU to prepare report on DESNZ’s proposed Capacity Market changes
On Thursday 22 February, the Competition and Markets Authority (CMA) reported that the Subsidy Advice Unit (SAU) has accepted a request for a report from DESNZ concerning its proposed Capacity Market (CM) scheme.
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Government publishes responses to SPS consultation and draft SPS
On Wednesday 21 February, the government published a summary of responses received to its consultation on a Strategy and Policy Statement (SPS) for energy policy in GB.
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Response issued to Ofgem’s ten-year review of the CM rules consultation
On Monday 19 February, Regen and the Electricity Storage Network issued their response to Ofgem’s ten-year review of the Capacity Market (CM) rules consultation, setting out a series of recommendations.
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New report published on accelerating UK’s net zero transition
On Tuesday 30 January, the British Chambers of Commerce (BCC) published a new report outlining a series of proposals for policymakers to help accelerate the UK’s transition to net zero.
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DESNZ confirms Capacity Market Auction Parameters
On Tuesday 30 January, DESNZ published a letter confirming the Capacity Market Auction Parameters for delivery years 2024-25 and 2027-28.
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Name of the Future System Operator announced
On Monday 22 January, National Grid Electricity System Operator (ESO) announced that the name of the forthcoming Future System Operator (FSO) will be the National Energy System Operator (NESO).
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Government publishes consultation on amendments to future CfD rounds
The UK Government published a consultation on Thursday 11 January seeking views on potential changes to Allocation Round 7 (AR7) and future allocation rounds of the Contracts for Difference (CfD) scheme.
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UK Government publishes Scenario Deployment Analysis for LDES
On Tuesday 9 January, the UK Government published a Scenario Deployment Analysis for long-duration electricity storage (LDES).
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UK Government consults on long duration electricity storage
On Tuesday 9 January, the UK Government announced that it has issued a consultation on policy framework designed to enable investment in long duration electricity storage (LDES).
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Views sought on Ten-Year Review of Capacity Market Rules
On Monday 8 January, Ofgem issued a consultation on its Ten-Year Review of the Capacity Market (CM) Rules. Specifically, the regulator is seeking input on the appropriateness of the CM’s intended objectives, which include the promotion of investment in capacity to ensure security of electricity supply and the facilitation of the efficient operation and administration of…
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DESNZ reports on CfD and Capacity Market progress in 2023
DESNZ published its annual report to Parliament on Tuesday 19 December, setting out the progress made on the Contracts for Difference (CfD) and Capacity Markets scheme in 2023.
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Views sought on proposed contract changes for CfD AR6
On Tuesday 19 December, DESNZ issued a consultation on several proposed changes to the Standard Terms and Conditions (STCs) and the Private Network (PN) Agreement for Allocation Round 6 (AR6) of the Contracts for Difference (CfD) scheme, which is scheduled to open in March 2024.
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Ofgem issues consultation on draft amendments to FSO impacted licences
On Thursday 14 December, Ofgem published a consultation on draft amendments to impacted licences following the creation of the Future System Operator (FSO).
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Views sought on the policy direction for the FSO’s regulatory framework
On Thursday 14 December, Ofgem published a consultation on its policy direction for the regulatory framework for the Future System Operator (FSO).
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Ofgem puts the FSO Transition Funding Governance Document into effect
On Wednesday 13 December, Ofgem published a direction to issue and implement the Future System Operator (FSO) Transition Funding Governance Document, following the regulator’s 11 December 2023 decision on the updated version of the Governance Document, to reflect consultation responses.
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Ofgem consults on market facilitator delivery body
On Wednesday 13 December, Ofgem published a consultation to consider the best suited entity for the market facilitator role.
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Ofgem issues decision on FSO Transition Funding Governance Document
On Monday 11 December, Ofgem published the Future Systems Operator (FSO) Transition Funding Governance document.
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ESO publishes conclusions from Phase 4 of NZMR programme
In November 2023, the Electricity System Operator (ESO) published its assessment and conclusions of Phase 4 of its Net Zero Market Reform (NZMR) programme.
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EAC calls for greater clarity on energy security and net zero
On Tuesday 28 November, the Environmental Audit Committee (EAC) published a new report, The financial sector and the UK’s net zero transition.
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DESNZ consults on proposed CfD Sustainable Industry Reward from AR7
On Thursday 16 November, DESNZ published a consultation on its proposal to introduce a Contracts for Difference (CfD) Sustainable Industry Reward (SIR) from Allocation Round 7 (AR7) onwards. It noted that following feedback to its April 2023 call for evidence on the potential introduction of non-price factors into the CfD auction, it has decided to put…
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Offshore wind strike price to rise 66% to £73/MWh for AR6
On Thursday 16 November, DESNZ announced that the maximum strike price has been increased by 66% for offshore wind projects, from £44/MWh to £73/MWh, and by 52% for floating offshore wind projects, from £116/MWh to £176/MWh ahead of Allocation Round 6 (AR6) of the Contracts for Difference (CfD) scheme next year.
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Ofgem sets out plans for local energy governance
On Wednesday 15 November, Ofgem published its decision on the future of local energy institutions and governance. Ofgem’s decision aims to reform local governance arrangements such as energy system planning, and includes the introduction of regional energy strategic planners (RESPs) to ensure there is appropriate accountability and effective coordination for strategic planning on a regional level.
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ESC publishes report on locational wholesale electricity market designs
On Monday 30 October, Energy Systems Catapult (ESC) published a report on its assessment of locational wholesale electricity market design options in GB.
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Ofgem publishes assessment of locational wholesale pricing for GB
On Monday 30 October, Ofgem published a report setting out its key findings from assessing the potential impacts of introducing locational wholesale pricing in GB. The assessment looks to provide analysis and insight into how these market designs could work in GB. The report also includes a cost benefit analysis, a look into wider market and…
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Energy Act 2023 comes into force
On Thursday 26 October, the Energy Bill received Royal Assent and is now the Energy Act 2023. In a release on the same day, the government said that the Energy Act will transform the UK’s energy system by strengthening energy security, supporting the delivery of net zero and ensuring household bills are affordable in the long-term.
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Ofgem publishes CCWG members for FSO Code Changes Programme
On Wednesday 18 October, Ofgem published its decision on the confirmed members of the Cross-Code Workgroup (CCWG), in place to develop the industry code changes necessary to establish the Future System Operator (FSO).
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DESNZ publishes evaluation of Capacity Market and seeks further input
On Monday 16 October, DESNZ published its Evaluation of the Capacity Market scheme final report, in which it outlines a process and impact evaluation of the Capacity Market scheme.
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Transforming the Energy Market: how change will work for consumers
The past two years have seen rocketing energy prices, as households and businesses grapple with bills far beyond pre-crisis levels. There is no way to turn back the clock, however, we can look to seize the many opportunities to reshape and future-proof the UK energy system, ensuring a brighter future for consumers. Our new report,…
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DESNZ seeking views on new generating technologies
On Friday 29 September, DESNZ published a consultation seeking views on whether any new generating technologies, which could participate in future Capacity Market auctions, have emerged since the last consultation in 2022.
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Views sought on draft licence conditions for the FSO
On Tuesday 19 September, Ofgem published a consultation on its proposed draft conditions for the Electricity System Operator (ESO) and Gas System Planner licences, which will be held by the Future System Operator (FSO).
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Open letter on strategic transmission charging reform published
On Monday 11 September, Ofgem published an open letter on strategic transmission charging reform. The letter sets out the regulator’s initial thinking on the future role and design of electricity transmission network charging within the wider context of fundamental system change and policy reform, such as that being considered as part of the government’s Review…
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DESNZ publishes CfD AR5 results
On Friday 8 September, DESNZ published the results of Allocation Round 5 (AR5) of the Contracts for Difference (CfD) scheme, which commenced on 30 March 2023.
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Commissioned CI report outlines electricity market reformation
In a joint release issued on Thursday 24 August, RenewableUK, Solar Energy UK, and Scottish Renewables announced the publication of a Cornwall Insight (CI) report that has found that a different approach in Ofgem’s aims to reform electricity markets could be achieved without risking investment in renewable energy.
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ESO announces new DER specific ancillary service
National Grid ESO announced on Wednesday 9 August that, in collaboration with UK Power Networks (UKPN) and National Grid Electricity Distribution (NGED), it is delivering a new Distributed Energy Resource (DER) specific ancillary service, “MW Dispatch Service”.
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Ofgem and DESNZ consult on FSO security policy and updates
On Friday 4 August, Ofgem and DESNZ published a joint consultation on the Future System Operator (FSO) Second Policy Consultation and Update.
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Electricity Networks Commissioner independent report published
On Friday 4 August, DESNZ published the independent recommendations from the UK’s Electricity Networks Commissioner, Nick Winser, which outline how to accelerate the deployment of electricity transmission infrastructure.
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ADE publishes proposals for reform under REMA
On Thursday 3 August, the Association for Decentralised Energy (ADE) announced that it has published proposals for electricity system operations reform under the Review of Electricity Market Arrangements (REMA) in its report titled Finding the Balance for a Net Zero Future.
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NGESO responds to ESN call for Balancing Mechanism reforms
On Thursday 27 July, National Grid Electricity System Operator (NGESO) published its response letter proceeding the Electricity Storage Network’s (ESN’s) open letter calling for reforms to the Balancing Mechanism (BM).
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Government outlines plans to strengthen retail energy market
On Monday 24 July, the government published a number of documents under its wider plans to boost competition and innovation in the energy market.
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Open letter on the Open Networks Project and unlocking flexibility
On Friday 14 July, Ofgem published an open letter emphasising the importance of the Open Networks Project (ONP) for unlocking flexibility.
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Government responds to decarbonisation of the power sector report
On Friday 14 July, the Business and Trade Committee published the government’s response to the BEIS Committee’s Eleventh Report of Session 2022–23, Decarbonisation of the power sector.
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Energy industry urges government to amend CfD scheme
On Tuesday 4 July, RenewableUK, Energy UK and Scottish Renewables published a joint letter to the Secretary of State for Energy Security and Net Zero, Grant Shapps, urging the government to make urgent changes to the Contracts for Difference (CfD) scheme.
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REA publishes REMA report
On Wednesday 28 June, the REA (Association for Renewable Energy and Clean Technology) published its Review of Electricity Market Arrangements (REMA) report, Enabling a secure, flexible, and decarbonised electricity market fit for the future.
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CCC criticises slow paced net zero deployment plans
On Wednesday 28 June, the Climate Change Committee called on the government to commit to more ambitious net zero delivery, following the Carbon Budget Delivery Plan (CBDP) being published.
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Ofgem consults on proposed recovery mechanism for FSO transition costs
On Wednesday 21 June, Ofgem published a consultation on funding the transition to the Future System Operator (FSO). The consultation is seeking views on Ofgem’s funding proposals for cost recovery mechanisms that will allow for the Electricity System Operator (ESO), National Grid (NG) and National Gas Transmission (NGT) to recover efficient and economic costs incurred from…
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Decarbonisation hindered by lack of overarching delivery plan, says PAC
The Public Accounts Committee (PAC) announced on Wednesday 21 June that it has published a report on Decarbonising the power sector. This highlights that while the government has many separate ongoing power decarbonisation plans, its ambitions for power sector decarbonisation by 2035 are jeopardised by the lack of an overarching delivery plan.
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Citizens Advice explores implications of locational pricing
On Wednesday 14 June, Citizens Advice published a report, It’s all about location – Will changing the way we price electricity deliver for consumers?, which reflects on the case for implementing locational pricing as a way to reform the current electricity market, and the risks that are to be considered if this pricing method is…
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ESO opens Connections Reform consultation
On Tuesday 13 June, National Grid ESO (ESO) announced the launch of its Connections Reform consultation on long-term enduring solutions for the connections process.
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DESNZ publishes response to Capacity Market consultation
On Friday 9 June, DESNZ published its response to its Capacity Market 2023 consultation.
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Government proposes legal net zero mandate for Ofgem
As part of the ongoing Energy Bill process, on Tuesday 6 June, the government issued guidance detailing a proposal to amend the existing duties of the Gas and Electricity Markets Authority (Ofgem) in order to provide it with a specific net zero duty which they will have regard to when carrying out their duties.
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New reforms from NGESO could reduce grid connection times by 10 years
Building on its recent five-point-plan, on Friday 2 June National Grid ESO (NGESO) announced that it is introducing additional targeted reforms to speed up connections to the electricity grid.
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Regen calls for reform and investment to prepare the network for net zero
Regen published a report on Wednesday 24 May titled Building a GB electricity network ready for net zero, highlighting the urgent need for reform and investment given that lead times for critical low-carbon projects to connect to the grid are now over 15 years.
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NAO: More to be done on value for money investments under net zero
On Friday 19 May, the National Audit Office (NAO) published Support for innovation to deliver net zero. The report looks at whether the government is set to deliver value for money from its approach to investment in research and innovation to deliver net zero.
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Open letter on reforming the electricity connections process published
On Tuesday 16 May, Ofgem published an open letter on future reform to the electricity connections process. This follows a recognition that there is a pressing need to prepare the energy system for a significant increase in nuclear power, offshore wind, and solar power generation capacity which will be needed to meet decarbonisation goals and growing…
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National Grid report considers needs to deliver zero carbon grid
On Monday 15 May, National Grid published a report, Delivering for 2035: Upgrading the grid for a secure, clean and affordable energy future, in which it considers the transformation needed to deliver a zero carbon electricity system by 2035.
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Regen responds to Ofgem’s call on the future of distributed flexibility
Following Ofgem’s recent call for input on the future of distributed flexibility, on Wednesday 10 May Regen published its response, outlining four key recommendations.
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DESNZ consults on Strategy and Policy Statement for GB energy policy
On Wednesday 10 May, DESNZ published a consultation on its proposed Strategy and Policy Statement for energy policy in GB
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Energy UK warns upcoming CfD auction will fall short of meeting targets
On Wednesday 3 May, Energy UK issued a release stating that it expects that the upcoming Contracts for Difference (CfD) auction will fall well short of delivering the expansion of offshore wind needed to hit the UK Government’s 2030 50GW target.
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BEIS Committee publishes decarbonisation of the power sector report
On Friday 28 April, the BEIS Committee published its Eleventh Report – Decarbonisation of the power sector, highlighting that “at the current pace of change, the UK is set to fail to hit its target of decarbonising the power sector by 2035.”
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Ofgem provides update on network and connections reform workstreams
On Thursday 27 April, Ofgem published an open letter providing an update on priorities for electricity network charging and connection reforms.
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Aldersgate sets out decarbonisation and electrification policy measures
On Wednesday 26 April, the Aldersgate Group published a new report with University College London (UCL) titled A zero-carbon power grid and the electrification of heavy industry: how to deliver on a twin challenge.
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RenewableUK comments on government’s CfD call for evidence
Renewable UK’s Executive Director of Policy Ana Musat responded to the government’s call for evidence on the potential introduction of non-price factors into the Contracts for Difference (CfD) auction in future allocation rounds, issued on Monday 17 April.
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DESNZ seeking views on CfD application reform
On Monday 17 April, DESNZ announced that it is seeking evidence and views about reviewing applications for the Contracts for Difference (CfD) scheme.
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SSEN Transmission given green light for net zero innovation projects
On Friday 7 April, SSEN Transmission issued a press release, welcoming the green light given to the three projects it had submitted to the Discovery Round 2 stage of Ofgem’s Strategic Innovation Fund (SIF).
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ESO delivers the first phase of its Stability Pathfinders scheme
On Wednesday 5 April, National Grid Electricity System Operator (ESO) announced the completion of the first phase of its Stability Pathfinders program, which aimed to support the development and delivery of new technologies to generate important system characteristics, such as inertia.
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Ofgem publishes final decision on Pathway to 2030
On Friday 31 March, Ofgem published its final decision on the delivery models for non-radial offshore transmission assets under the Pathway to 2030 (PT2030) workstream of the Offshore Transmission Network Review.
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DESNZ and BEIS publish outcome of Power BECCS consultation
On Thursday 30 March, DESNZ and BEIS published the outcome of its business model for power bioenergy with carbon capture and storage (Power BECCS) consultation.
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Government sets out energy security plans through Powering Up Britain
On Thursday 30 March, Energy Security Secretary Grant Shapps set out plans to strengthen GB’s long-term energy security and independence through the publication of Powering Up Britain.
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OEUK warns regulatory uncertainty delaying UK wind projects
In Offshore Energies UK’s (OEUK’s) Business Outlook Report 2023, released on Tuesday 28 March, it highlights that regulatory uncertainty is holding back the development of offshore wind projects at the scale needed to meet government targets.
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EAC publishes government response to proposals for energy transition
On Thursday 23 March, the Environmental Audit Committee (EAC) published the government’s response to its report on Accelerating the transition from fossil fuels and securing energy supplies.
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ESC appointed to carry out digital spine feasibility study
Energy Systems Catapult (ESC) announced on Tuesday 21 March that it has been appointed by DESNZ to carry out an energy system digital spine feasibility study, in partnership with Arup and the University of Bath. The digital spine is a concept of technical processes and defined governance roles and responsibilities that will allow the exchange…
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Views sought on framework for future electricity network price controls
On Friday 10 March, Ofgem published a consultation on the overarching framework for the network price controls that will replace the RIIO-2 and Distribution Network Operator (DNO) price controls in March 2026 and 2028 respectively. The regulator is seeking to understand the scale of change from the current price control frameworks is required to overcome…
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CCC makes recommendations to decarbonise power system by 2035
On Thursday 9 March, the Climate Change Committee published a new report, Delivering a reliable decarbonised power system. The report illustrates what a reliable, resilient, decarbonised electricity supply system could look like in 2035, and the steps required to achieve it. It provides new insights and new advice on how this can be achieved by…
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REMA consultation responses published
On Tuesday 7 March the Department of Energy Security and Net Zero published its Review of Electricity Market Arrangements (REMA) Summary of responses to the consultation.
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UKGBC responds to consultation on National Planning Policy Framework
UKGBC issued a release on Tuesday 7 March responding to the UK Government’s consultation on the National Planning Policy Framework in which it provides recommendations for the reformation of the planning system to more effectively tackle the climate crisis, halt nature’s decline, and develop greater climate resilience. Philip Box, Policy Adviser at UKGBC said: “Many…
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Coalition calls for Ofgem to receive net zero mandate
On Monday 6 March, the Energy Networks Association published a joint letter from a coalition of charities, environmental and anti-poverty groups, as well as trade associations representing the breadth of the UK energy industry.
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Views sought on future of Distributed Flexibility
On Wednesday 1 March, Ofgem published a call for input on the future of distributed generation flexibility.
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NAO report examines challenges DESNZ faces in decarbonising power
The National Audit Office (NAO) issued a report on Wednesday 1 March in which it examines the main challenges that the Department for Energy Security & Net Zero (DESNZ) faces to decarbonise power.
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Government publishes action plan to improve planning system for NSIPs
On Thursday 23 February, the government published its action plan to deliver reforms across government to improve the planning system for Nationally Significant Infrastructure Projects (NSIPs).
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RenewableUK recommends actions to improve investment in UK energy
Ahead of the Spring Budget scheduled for 15 March, RenewableUK has published a report detailing actions the UK Government could take to ensure that the UK remains a desirable target for private investment in new clean energy projects amid increasing competition globally.
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Report calls on UK Government to increase clean energy investment
A report by Energy UK, issued on Monday 20 February, has stated that the UK Government’s targets to address climate change and energy security through the build out of clean, homegrown energy can only be achieved by ensuring that the UK continues to attract international private sector investment into low carbon projects.
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ESC report highlights benefits of digital twins for energy policymakers
On Thursday 16 February, Energy Systems Catapult (ESC) announced that it has published a report titled Digital Twins, Model, Shadow, Twin – the case for policy use, setting out what digital twins are, the benefits of their use for policymakers, and some near-term use cases that the government and Ofgem could leverage to improve the policy…
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NIC to review current approach to National Policy Statements
On Friday 10 February, the National Infrastructure Commission (NIC) announced that it has been asked to review the current approach to National Policy Statements (NPS) and identify how the planning system could create greater certainty for infrastructure investors, developers and local communities.
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Government establishes Department for Energy Security and Net Zero
On Tuesday 7 February, the government announced it will establish a number of new departments, with some designed to replace aspects of the Department for Business, Energy & Industrial Strategy (BEIS).
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ENA Spring Budget submission proposes changes for network investment
Energy Networks Association (ENA) published its submission to the 2023 Spring Budget.