EU exit REMIT contingency arrangements – October 2020 update
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- Generation and Wholesale Market
On 31 January 2020 the United Kingdom left the European Union (EU) and, following ratification of the Withdrawal Agreement, a transition period came into force. This letter is intended to provide Market Participants with an update on the REMIT arrangements that will apply in GB from 1 January 2021, after the transition period comes to an end.
The key message of this letter is to confirm to Market Participants that we expect the REMIT arrangements that will apply in GB from 1 January 2021 will be consistent with the arrangements set out in our ‘No-deal EU exit REMIT contingency arrangements – September update’ letter published on 27 September 2019.