Ofgem’s minded-to position on addressing high balancing costs
On Friday 4 November, Ofgem issued a call for input regarding how high balancing costs should be addressed.
ESC calls for whole systems approach to energy network reform
Energy Systems Catapult (ESC) has published a response to Ofgem’s request for feedback on whether there is a strong case for reform to the current approach to regulatory frameworks for gas and electricity networks
Sustainability First responds to REMA consultation
On 3 October, Sustainability First published its response to BEIS’s Review of Electricity Market Arrangements (REMA) consultation.
Industry cautious about REMA, particularly around nodal pricing
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.
Energy system reform: Ofgem share plans for Britain’s Energy system
Against the backdrop of record high and volatile energy prices, Ofgem set out on 8 July its view on key aspects of the GB energy system where it considers significant reform is required to deliver a resilient, low cost, low carbon energy sector.
BEIS consults on Review of Electricity Market Arrangements
On 18 July, the government opened its consultation on the Review of Electricity Market Arrangements (REMA) in which it aims to identify reforms needed to ensure electricity market design is fit for the purpose of maintaining energy security and affordability for consumers as the electricity sector decarbonises.