Clean Energy Regulation
REMA
REMA 2.0 Highlights Flexibility
A second consultation on GB electricity market arrangements sees some original suggestions ruled out. Despite a well spun stated need for new unabated gas generation in the short term, the commitment to a decarbonised electricity system by 2035 remains. It is acknowledged that this target will require significant new flexible capacity which we see as a potential major investment opportunity. Otherwise much of the proposed reforms look like sensible incremental improvement
GB's second electricity market consultation reaffirms the 2035 decarbonisation goal despite emphasizing short-term gas generation, highlighting the need for significant new flexible capacity as a major investment opportunity amidst sensible incremental reforms