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Department for Business, Energy & Industrial Strategy Review of Electricity Market Arrangements Consultation


Citation Gross, R., Blyth, W., MacIver, C., Green, R., Bell, K. and Jansen, M. Department for Business, Energy & Industrial Strategy Review of Electricity Market Arrangements Consultation. 2022.
Author(s) Gross, R., Blyth, W., MacIver, C., Green, R., Bell, K. and Jansen, M.
Download BEIS-REMA-Consultation_UKERC-response.pdf document type
Abstract

UKERCs response provides commentary and analysis on many of the wide range of topics encompassed in the consultation. This includes the overall vision and objectives, case for change, the evaluation criteria defined by BEIS, locational pricing and local markets, lessons from other countries, changes to wholesale markets and incentives for low carbon generation, flexibility and capacity.

Our response provides detailed and evidence-based analysis on each of these complex topics, drawing on UKERC research and wider outputs. We highlight some of the complex trade-offs involved and argue for a cautious and gradualist approach that builds on the progress already made in some areas.