As part of the next stage of the review of market arrangements (REMA), Ofgem has been tasked by DESNZ to look into what are the implications of moving from a national to a locational wholesale price in GB on: * Levels of liquidity * Risk of market power Ofgem requires support from a supplier to deliver an assessment of wholesale market design interactions with market power and liquidity, in the context of the development of reform options, for GB.
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