Three years ago, in April 2022, the previous government launched its Review of Electricity Market Arrangements (REMA) as part of its British Energy Security Strategy. This was the government’s flagship policy to enable a net 59 Q 68; Department for Energy Security and Net Zero, Quarterly Energy Prices UK April to June 2024, September 2024 60 Committee of Public Accounts, Decarbonising home heating, Thirty-Seventh Report of Session 2023–24, HC 653, May 2024, paragraph 10; Qq 21, 22, 65 61 Q 21...

Three years ago, in April 2022, the previous government launched its Review of Electricity Market Arrangements (REMA) as part of its British Energy Security Strategy. This was the government’s flagship policy to enable a net 59 Q 68; Department for Energy Security and Net Zero, Quarterly Energy Prices UK April to June 2024, September 2024 60 Committee of Public Accounts, Decarbonising home heating, Thirty-Seventh Report of Session 2023–24, HC 653, May 2024, paragraph 10; Qq 21, 22, 65 61 Q 21 62 Committee of Public Accounts, Decarbonising home heating, Thirty-Seventh Report of Session 2023–24, HC 653, May 2024, paragraph 11; Qq 21, 22 63 Q 21 Type: conclusion | Number: 23 | Response status: not_addressed Government response: 5.6 The government agrees with the Committee’s recommendation. Target implementation date: September 2025 5.7 No decision has been taken yet on whether to adopt Zonal Pricing or Reformed National Pricing. The Review of Electricity Market Arrangements (REMA) progr