Review of electricity market arrangements (REMA)
The purpose of the review of electricity market arrangements is to identify reforms needed to transition to a decarbonised, cost effective and secure electricity system.
The Review of Electricity Market Arrangements (REMA) is the government’s flagship policy to enable a net zero power sector by 2035, subject to security of supply, while ensuring a fair deal for consumers.
Development of the REMA programme
REMA was launched in the British Energy Security Strategy in April 2022, with an initial public consultation published in July 2022. This was followed by a second public consultation in March 2024 - see the REMA Consultations section.
Next steps
We aim to:
- provide a summary of responses to the second consultation in summer 2024
- conclude the policy development phase of the programme by mid-2025
- move into full scale implementation from 2025 onwards
- for options where the policy development phase has concluded, we will look to implement these changes as soon as we can
Engagement with the REMA programme
We want to gather the most robust evidence and analysis possible, so that we can make well informed policy recommendations. To help achieve this we engage with a wide variety of stakeholder groups through a range of forums, including:
- internal working groups with delivery partners
- external expert panels - independent external experts to impartially scrutinise and quality assure REMA policy development and analysis
- a Strategic Advisory Panel - industry experts offering high level strategic direction for the REMA programme
- an End User Challenge Panel – with organisations representing end users to provide advice and evidence on REMA policy development
We also hold bilateral meetings and attend events and conferences to provide updates on REMA.
Contact
Contact remamailbox@energysecurity.gov.uk to be added to our mailing list to hear updates about REMA and events.
REMA consultations
The first REMA consultation (July 2022) set out the case for change, and potential solutions across a wide range of reform options.
The second public consultation (March 2024) narrowed down the number of reform options and sought further stakeholder views on specific proposals and on the short-list of remaining options. It set out a clear direction of travel for how GB electricity market arrangements must evolve in the future.