Enabled by the Energy Act 2013, we are hopeful that the Strategy and Policy Statement will be introduced in 2023 to provide broad strategic direction and a clear indication of government priorities, both to the energy regulator and the Future Systems Operator. Seeing government priorities transparently in this way is vital for stakeholders and creates a more robust legal framework.
In response to the Department for Energy Security and Net Zero's consultation on an innovative retail market, we encourage Government to ensure that consumers are appropriately protected in a more innovative retail market, drawing lessons from our past work including on the Economy 7 energy tariff
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
It is vital that regulators drive the right kind of growth with their rules. In our latest consultation, we are not in favour of extending the 2015 Deregulation Act Growth Duty to Ofwat and Ofgem. There is a risk, that despite its intentions, the Duty has unintended negative consequences by strengthening industry interests at the expense of consumers, wider society and the environment.
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.
As we approach a new planning period for the water sector, we risk an overreliance on concrete-heavy infrastructure to tackle pollution. Why is it so hard to shift to a more holistic approach for better environmental outcomes? This feature was based on a roundtable we held with stakeholders and first appeared in The Water Report.
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