elexon

Elexon's chief executive Peter Stanley outlines what the company, which manages the balancing and settlement code and will be market facilitator from the end of this year, is doing to digitalise Great Britain’s energy system.  

Elexon has published a provisional plan for the handover of flexibility market rule development as its role in the UK market continues to evolve.

The UK’s energy regulator, Ofgem, has appointed Elexon to deliver Flexibility Market Asset Registration (FMAR) for Great Britain.

As the migration of energy meters to half-hourly settlement draws closer, Peter Stanley, Elexon chief executive, discusses how the market facilitator is enabling the demand-side flexibility that clean power plans call for. 

Electric vehicle (EV) chargepoint firm Pod Point has become the first company to sell energy in the wholesale market under Elexon’s new P415 regulations.

In its response to Ofgem’s consultation on the electricity distribution price control (ED3) framework, Elexon has called for the regulator to better articulate the “critical role” of flexibility in the modern electricity network.

Elexon, the company that manages the balancing and settlement code (BSC), will reduce the financial exposure faced by large energy storage facilities.

Elexon has implemented a rule change that allows independent aggregators of electricity to register to participate in the wholesale electricity market.

On 1 October, Elexon will become independent of National Grid ESO’s ownership and will operate under a ‘federated model’ ownership arrangement.

DESNZ has issued notice that the government has acquired National Grid’s Electricity System Operator (ESO), which will be transferred to public ownership.