<p>In 2021, HMG consulted on current arrangements for trading electricity on power exchanges in the GB wholesale electricity market and outlined proposals to support efficient cross-border trading. That consultation focused on day-ahead trading but also sought views on the intraday timeframe.</p><p> </p><p>HMG’s consultation response outlined the intention to legislate to achieve a single GB clearing price in the day-ahead timeframe, subject to engagement with the UK-EU Specialised Committee on Energy, industry and stakeholders to ensure HMG is well placed to make a final decision on progressing legislation. HMG confirmed development of efficient arrangements in other timeframes should remain under review.</p><p> </p><p><a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fconsultations%2Fre-coupling-great-britain-electricity-auctions-for-cross-border-trade&data=05%7C02%7CParliamentary.PQ%40energysecurity.gov.uk%7C9dbf59c61a9840a5fc6108dc5eb48023%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638489376545896472%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=1jIrxOoYdZ9KDXIcs7XbqjXkva8LU8q8cAtzpOs3nyM%3D&reserved=0" target="_blank">https://www.gov.uk/government/consultations/re-coupling-great-britain-electricity-auctions-for-cross-border-trade</a></p>