Recent market events have continued to highlight the challenges of the energy trilemma, specifically the need to decarbonise the energy system while ensuring energy security and affordability. The government announced in April 2022 it would be undertaking a Review of Electricity Market Arrangements (REMA) to address these issues, and in July published a consultation setting out a number of potential reform options.
In this week’s ‘Chart of the Week’, we review our findings on REMA by assessing market views from our ‘Financing Net Zero‘ forum.