On 3 November, UK Energy Research Centre (UKERC) published a response to BEIS’ Review of Electricity Market Arrangement (REMA) consultation.
Our experts discuss what the response addresses and how some of the proposals would place new responsibilities on retail energy suppliers.
Read the full blog on our What is REMA portal, which is our hub for the Review of Electricity Market Arrangements.
Regulation and policy
Introduced during a period of record high energy prices, the UK Government's energy support schemes came to an end on 31 March this year. Evaluating emergency measures such as these purely on their value for money is difficult, as the policy was intended to serve multiple purposes. At the time...
Low carbon generation
The past two years have seen rocketing energy prices, as households and businesses grapple with bills far beyond pre-crisis levels. There is no way to turn back the clock, however, we can look to seize the many opportunities to reshape and future-proof the UK energy system, ensuring a brighter future...
Energy Market Design
A number of factors may be about to put an end to the trend for falling energy prices in the Contracts For Difference (CfD) scheme. The CfD scheme has provided strong subsidy support whilst also providing consumers robust levels of protection. High investor confidence and steady reductions in capital costs...
Business supply and services
The GB energy market never stands still and 2022 was no different. In this infographic, we look back at some key happenings from the past year in different segments of the GB energy market. Click the image below to see our snapshot.
E-mobility and low carbon
Some of our team have looked back throughout 2022 and picked their most exciting ‘Chart of the Week’.Their choices include exploring green tariffs, wholesale gas prices, CfD allocation round 4 and the MHHS Implementation Levy. It’s My Birthday – Two years of Dynamic Containment Picked by Tom Faulkner, Head of...
Energy storage and flexibility
Key take-aways of the launch event By Jamie Maule, Dr Matthew Chadwick & Nick Fothergill (Partner – Weightmans LLP) As part of the UK’s transition to net zero, the electricity generation mix needs to evolve, with increasing amounts of renewable capacity required to meet net zero commitments. To maximise...
Low carbon generation
Join our energy experts, Senior Consultant, Kate Mulvany and Research Partner, Dr. Dan Atzori as they discuss the Review of Electricity Market Arrangements (REMA), why it is needed, how the energy market is reacting and responding to it and how Cornwall Insight can help businesses navigate REMA. Watch the full...
Low carbon generation
Our latest Net zero transition: Future of electricity markets online training course was held on 15 – 17 November, where we asked delegates for their thoughts on several aspects of the future of the GB electricity market. The polls can be seen in our newest REMA portal - a hub...
