Electricity Generation
The question
To ask the Secretary of State for Energy Security and Net Zero, what plans he has for electricity market reform.
Answered by Michael Shanks
The Review of Electricity Market Arrangements (REMA) is considering a range of reforms to unlock renewable investment and pass through the benefits of cheaper renewables to consumers. REMA’s Autumn Update, published on 13 December, detailed the progress of policy development in the assessment of options. The Government is aiming to conclude the policy development phase of the REMA programme by mid-2025, after which the final decisions and timetable for implementation will be announced.
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