elexon

Following their joint consultation on the future ownership of Elexon, the UK Government and Ofgem have decided that the not-for-profit will remain in industry ownership.

​There is “a significant risk” of gas shortages over the coming winter according to a letter published by regulator Ofgem.

​Elexon has launched a consultation on an urgent modification needed to implement and administer payment to suppliers as part of the Government’s Energy Price Guarantee.

​Ofgem has made a decision to create a Capacity Market Advisory Group (CMAG) following an earlier Call for Input on the proposal.

​Ofgem has approved the request to treat Balancing & Settlement Code (BSC) Modification P438 – which covers the implementation of sanctions – as urgent.

​For the first time in the UK, renewable energy will be tracked hourly as part of a push towards greater transparency in energy procurement.

​Elexon has hired Simon McCalla as CEO following Mark Bygraves stepping down in November 2021.

​To tackle greenwashing energy tariffs and accelerate the decarbonisation of the power system, carbon should be tracked through the electricity system in real time.