DESNZ reports on CfD and Capacity Market progress in 2023
DESNZ published its annual report to Parliament on Tuesday 19 December, setting out the progress made on the Contracts for Difference (CfD) and Capacity Markets scheme in 2023.
ESO publishes conclusions from Phase 4 of NZMR programme
In November 2023, the Electricity System Operator (ESO) published its assessment and conclusions of Phase 4 of its Net Zero Market Reform (NZMR) programme.
EAC calls for greater clarity on energy security and net zero
On Tuesday 28 November, the Environmental Audit Committee (EAC) published a new report, The financial sector and the UK’s net zero transition.
Energy Act 2023 comes into force
On Thursday 26 October, the Energy Bill received Royal Assent and is now the Energy Act 2023. In a release on the same day, the government said that the Energy Act will transform the UK’s energy system by strengthening energy security, supporting the delivery of net zero and ensuring household bills are affordable in the long-term.
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.
Open letter on the Open Networks Project and unlocking flexibility
On Friday 14 July, Ofgem published an open letter emphasising the importance of the Open Networks Project (ONP) for unlocking flexibility.