Wholesale Market Policy Development

As part of the next stage of the review of market arrangements (REMA), Ofgem has been tasked by DESNZ to look into what are the implications of moving from a national to a locational wholesale price in GB on: * Levels of liquidity * Risk of market power Ofgem requires support from a supplier to deliver an assessment of wholesale market design interactions with market power and liquidity, in the context of the development of reform options, for GB.