Expensive gas still sets the price for electricity. Market splitting would change how some generation is priced, and mean that marginal pricing won’t be applied to all types of generation. This could bring down overall electricity costs. Different options are outlined that could support renewable energy
This is the summary of the second End User Challenger Panel (EUCP) meeting which focused on marginal pricing and options. Topics included marginal pricing and how it works under under current market arrangements and the potential role of marginal pricing in future as the electricity system decarbonises.
The wholesale electricity market (like other commodity markets) is based on ‘marginal pricing’. The most expensive generator needed to meet demand sets the price for all generators. This slide deck by DESNZ looks at the options regarding marginal pricing and potential changes to how renewable energy market signals work
In this End User Challenge Panel DESNZ presents some of the challenges of a more flexible elecrticity market, how to pass through the benefits of a renewable energy system to consumers and how to develop a more resilient, decarbonised system
We hosted our first meeting of the End User Challenge Panel (EUCP) which built upon the work of REMA’s previous End User Forum (February – May 2023), and was remodelled to better fit stakeholders’ needs.
This was the second End User Forum in response to REMA. The aim of the forum, held in April 2023, was to understand attendees' views on different options for passing through locational signals to end users, if at all. Discussions focussed on the different ways signals could be passed through and fairness considerations.
This presentation, by Sustainability First and Citizen's Advice, looks at how we define fairness in the context of the overhaul of the electricity market, REMA. Some of the issues covered include: who pays and who benefits from these reforms, how price signals can play a role and how the reforms are put into place.
This is a summary of our first meeting in February 2023 to discuss fairness in the context of the Reform of Electricity Market Arrangements (REMA) and the impact on so called end users - everyone who uses electricity
We held a rountable on the roughly 3 million energy customers who are being unfairly and inconsistently treated, following a report by Maxine Frerk called 'It's a Lottery', which revealed that these 'Economy 7 customers are not being adequately protected. This document is an unattributed note that captures the findings and recommendations expressed at the rountable
To provide you with the best online experience this website uses cookies.
Registered Charity no. 1078994 | Company no. 03897720 | Privacy and Data Policy
Site content: Sustainability First 2022 | Site Build: David Sheales