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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Policy and regulation
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).
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.
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.
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.
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.