REMA: Progress, Decisions and What Comes Next

This article was produced by Ricardo, a member of IPFA. 

The review of the Electricity Market Arrangements (REMA) was launched in 2022 by the UK government to modernise electricity markets and support decarbonisation, aiming for a fair, affordable, and secure power system.

Energy markets in the UK are about to be shaken up. The REMA is pivoting away from zonal pricing toward a Reformed National Pricing framework – but it’s not business as usual. Think: an ambitious Spatial Energy Plan to guide where new generation and storage go, a 25-year Strategic Network Plan for grid development, smarter network charging, and dynamic operational reforms (5- to 15-minute settlement, more granular bidding).

With final decisions imminent ahead of the next CfD round, now’s the critical moment for industry to step in – shape how renewables, storage, and grid innovators will fit in the new system.

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