Threads / Electricity Market Arrangements Review (REMA) / We further recommend that Ofgem expedite its programme to d…
Committee Material Published 24 May 2024 ↗ View on Parliament

We further recommend that Ofgem expedite its programme to deliver market-wide half-hourly settlement. We expect Ofgem to provide a progress report in response to this recommendation, setting out current barriers to delivery of this objective, identifying measures to overcome them, and indicating a target date for final delivery. (Paragraph 67) Enabling sustainable electrification of the economy 45 Developing an electricity grid ready for net zero

We further recommend that Ofgem expedite its programme to deliver market-wide half-hourly settlement. We expect Ofgem to provide a progress report in response to this recommendation, setting out current barriers to delivery of this objective, identifying measures to overcome them, and indicating a target date for final delivery. (Paragraph 67) Enabling sustainable electrification of the economy 45 Developing an electricity grid ready for net zero Type: recommendation | Number: 13 | Response status: accepted Government response: The Government agrees that additional incentives will be key to ensuring the growth of a more resilient supply chain for manufacturing electricity networks critical components. The Government will continue to review options including financial support. For example, the Contracts for Difference (CfD)