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.
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 system impacts, and an assessment of the potential impact of locational pricing on consumers.
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… Read More »Transforming the Energy Market: how change will work for consumers
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 of Electricity Market Arrangements (REMA).
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.
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.