Whole Energy Market Strategy (WEMS)
Our Whole Energy Market Strategy team was established in early 2024 to develop an independent view of cross vector market interactions, providing recommended solutions to tackling challenges, conflicts and inefficiencies to facilitate net zero.
The work will be split over a number of distinct phases as follows:
Phase 1 – Case for change (2024)
Analysis of the GB market landscape and review of international case studies. The purpose of this phase is to set out the framework for future phases of work.
Subsequent phases will conduct more detailed analysis on priorities identified in phase one.
Key updates
Below you will find core updates from the programme as they are published.
Register for our webinar:
NESO Webinar: Market Development
6 March, 10:00 – 11:00
Join us to find out how NESO will drive evolution of market arrangements across the whole energy system to facilitate security of energy supply and deliver investible markets at the most equitable cost to consumers.
Related work
The Whole Energy Market Strategy team works alongside other market strategy teams, with a specific focus on electricity and gas respectively.
Net Zero Market Reform
Our Net Zero Market Reform programme was established in early 2021 to examine holistically the changes to current GB electricity market design that will be required to achieve net zero.
Contact us
To identify the best opportunities to improve the efficiency of market interactions across vectors, we need to work together across the energy industry.
We intend to host regular events and workshops to give opportunities for stakeholders to provide their input. If you have any questions or to find out how to get involved, please email: [email protected]