What is a just transition for environmental targets?
This POSTnote considers transitions to meet environmental targets and how their costs and benefits for different members of society can be distributed fairly.

This POSTnote analyses the present wholesale electricity market and proposals for reform of electricity market arrangements to support decarbonisation of the system by 2035.
Electricity market reform (476 KB , PDF)
DOI reference: https://doi.org/10.58248/PN694
Overview
The UK Government has committed to decarbonise the electricity system by 2035. There is general consensus across industry and academia that the current electricity market arrangements will need reform to deliver the pace and scale of change to meet this target, although opinions vary on the degree and pace of reform.
Reforms are required to incentivise greater decarbonisation, keep prices affordable for consumers and maintain a secure and reliable system. There is also agreement that any reforms should consider investor confidence and avoid disrupting the deployment of new generation and network infrastructure. Potential reforms range from incremental changes to extensive restructuring of the market arrangements.
In 2022, the then Department for Business, Energy & Industrial Strategy launched its Review of Electricity Market Arrangements (REMA) consultation. The summary of responses has been published, with several options for reform eliminated or conditionally eliminated as a result of stakeholder consensus.
Key Messages
Acknowledgements
POSTnotes are based on literature reviews and interviews with a range of stakeholders and are externally peer reviewed. POST would like to thank interviewees and peer reviewers for kindly giving up their time during the preparation of this briefing, including:
*denotes people and organisations who acted as external reviewers of the briefing.
Electricity market reform (476 KB , PDF)
This POSTnote considers transitions to meet environmental targets and how their costs and benefits for different members of society can be distributed fairly.
Applications closed 13 September 2023.
This POSTnote considers the relatively new process of local area energy planning that aims to deliver net zero targets more effectively at the regional level.