Responding to the UK Government’s decision on the Review of Electricity Market Arrangements (REMA), Claire Mack OBE, Chief Executive of Scottish Renewables, said:
“The renewable energy industry has been consistently clear that Great Britain’s electricity market must be reformed so that businesses and consumers can benefit from the most affordable forms of energy generation. We have also been clear that market reform must protect the unprecedented levels of private investment required to build the Scottish projects at the heart of the clean power mission.
“Scottish Renewables commends the UK Government for taking the right decision at this pivotal moment to support a reformed national market. After three years of heavy consideration, industry must now come together to transform our energy system which will protect us from future price volatility and secure the economic benefits of clean energy deployment across the UK.
“A reformed national market must grasp the nettle of transmission charging to finally deliver a fairer system for Scotland and it is encouraging that the UK Government will be working with Ofgem to review the current charging regime. This reform must complement the introduction of strategic planning and the rapid deployment of new transmission infrastructure.
“The design of an energy system that can cope with strategic reform whilst continuing to attract investment and navigate delivery challenges will need carefully managed. Scottish Renewables will continue to work closely with the government and all stakeholders to achieve the right outcomes for the country as we build a fairer and more secure clean energy system.”
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