On Tuesday 8 November, Ofgem published an open letter regarding its approach toward the electricity network charging reforms this winter.
what is the review of electricity market arrangements
Confirming the Review of Electricity Market Arrangements (REMA) opens the prospect of a complete overhaul of the electricity market in Great Britain for the first… Read More »Reaction to BEIS consultation on the Review of Electricity Market Arrangements
On 3 October, Sustainability First published its response to BEIS’s Review of Electricity Market Arrangements (REMA) consultation.
Recent challenges have emphasised the recurring importance of the energy trilemma, namely the need to decarbonise the energy system while ensuring energy security and affordability. The government announced its Review of Electricity Market Arrangements (REMA) in April 2022 to address these issues. In July, the government published a consultation paper for REMA, presenting a number of proposed reforms.
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