Electricity: Prices

(asked on 25th April 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if the Review of Electricity Market Arrangements (REMA) stated in the Energy Security Strategy will include the assessment of locational marginal price in Scotland.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 28th April 2022

As part of the REMA programme we intend to consider a full spectrum of policy options, including locational marginal pricing. We look forward to receiving evidence from stakeholders following the publication of our consultation in the summer which will help us evaluate them, as well as bring other policy options to our attention.

Reticulating Splines