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.
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.
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.
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 activities related to the transition to the FSO.
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.
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 to be incorporated.