On Monday 19 February, Regen and the Electricity Storage Network issued their response to Ofgem’s ten-year review of the Capacity Market (CM) rules consultation, setting out a series of recommendations.
On Monday 8 January, Ofgem issued a consultation on its Ten-Year Review of the Capacity Market (CM) Rules. Specifically, the regulator is seeking input on the appropriateness of the CM’s intended objectives, which include the promotion of investment in capacity to ensure security of electricity supply and the facilitation of the efficient operation and administration of the CM.
On Thursday 14 December, Ofgem published a consultation on draft amendments to impacted licences following the creation of the Future System Operator (FSO).
On Thursday 14 December, Ofgem published a consultation on its policy direction for the regulatory framework for the Future System Operator (FSO).
On Wednesday 13 December, Ofgem published a direction to issue and implement the Future System Operator (FSO) Transition Funding Governance Document, following the regulator’s 11 December 2023 decision on the updated version of the Governance Document, to reflect consultation responses.
On Wednesday 13 December, Ofgem published a consultation to consider the best suited entity for the market facilitator role.