On 12 October, Regen published its response to BEIS’ Review of Electricity Market Arrangements (REMA) consultation, noting that market reform needs to be considered in conjunction with other key areas of reform. This includes measures such as the development of a clear Net Zero and Energy Security Delivery plan and bringing forward the investment that is needed in enabling infrastructure.
Listen to Veronica Truman, Tom Faulkner, and Kate Mulvany in our latest podcast on REMA. REMA promises the biggest changes in the power market for… Read More »Podcast: The launch of REMA
On 3 October, Sustainability First published its response to BEIS’s Review of Electricity Market Arrangements (REMA) consultation.
In April 2022, the attention in the market turned to REMA, a welcome opening of a necessary conversation on market reform. The risks here have… Read More »Reform in haste, repent at leisure: squaring electricity market reform with investor confidence
With the GB market set to undergo the largest market design shake-up in a generation, Cornwall Insight has surveyed the audiences of two recent webinars to understand what the market thinks about the upcoming reform and some of the options on the table.
There’s a lot of debate on what might be done outside the energy market to relieve consumer bills. We don’t have much to add there, but we have been thinking and chatting around the place about whether temporary fixes could be made to the wholesale market design that would result in lower prices for consumers (and thus less pressure for external political intervention)