<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>