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9tzfBMAA
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Answer
Written answer
answer has question
D9a1mXcr
answer has answering person
Graham Charles Stuart
answer text
<p>Through the Review of Electricity Market Arrangements (REMA) programme, the Government is considering a range of options to shield consumers from the impacts of potential future commodity price spikes and ensure they benefit from lower cost renewables.</p><p> </p><p>The first REMA consultation included the ‘split market’ and ‘green power pool’ models. As detailed in the summary of responses, these options remain under consideration. The intention is to publish a second consultation in Autumn 2023.</p><p> </p><p>The CfD scheme already insulates consumers against electricity price spikes. Over time this will significantly reduce dependence on gas-fired generation, lowering exposure to gas prices.</p>
answer given date
answer has answering body
Department for Energy Security and Net Zero
written answer has answering body
Department for Energy Security and Net Zero
Department for Energy Security and Net Zero
answering body has written answer
9tzfBMAA
answering body has answer
9tzfBMAA
D9a1mXcr
question has answer
9tzfBMAA
Graham Charles Stuart
answering person has answer
9tzfBMAA