This webinar brought together leading experts to explain the basics of zonal pricing and shed light on the options ahead of the government decision on the Review of Electricity Market Arrangements (REMA).
With extensive debate and strong views in the industry, the lack of detail around how a zonal market might actually work was evidenced by the extremely high attendance at this webinar.
Issues covered included:
- The basics of zonal market design and how this differs from our current market
- How many zones there could be, what basis they would they be set on and how often they might change
- What zonal would mean for existing and future Power Purchase Agreements
- How trading arrangements would work, including the day ahead, intraday and balancing arrangements
- Implications for investment and how risk might be mitigated
- The impacts on consumers and how ‘losers’ might be shielded
Catch up
The slides can be found here.