Review of the Electricity Market Arrangements (REMA) - how might

Review of the Electricity Market Arrangements (REMA) - how might market design evolve in GB?

Listen now

Description

Emma and Tom talk about the latest development in market design in GB, the Government's Review of the Electricity Market Arrangements - REMA. It will be a wide-ranging review, with an ambitious scope, considering all aspects of markets and mechanisms. They talk about historical experience with market reform in GB, possible interventions following REMA, tne importance of governance, and the importance of good acronyms.

More Episodes

See all »

Skip Rates in the Electricity Market

Tom and Emma talk about skip rates - the term used to describe assets not being dispatched in the electricity market, although they're in merit. They discuss how definitions for skip rates differ across stakeholders, and talk about work underway to improve skip rates. Are they a natural part of...

Published 10/30/23

The Substation Podcast

Published 10/30/23

Alternatives to Locational Marginal Pricing (LMP)

Tom and Emma discuss options for improving locational signals on the electricity system that aren't Locational Marginal Pricing (LMP). Could reforms to network access, network charging, new markets and services send better signals to the market and reduce constraint costs? Could these options be...

Published 09/30/23