Views sought on the policy direction for the FSO’s regulatory framework
On Thursday 14 December, Ofgem published a consultation on its policy direction for the regulatory framework for the Future System Operator (FSO).
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Policy and regulation
Ofgem puts the FSO Transition Funding Governance Document into effect
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.
Ofgem consults on market facilitator delivery body
On Wednesday 13 December, Ofgem published a consultation to consider the best suited entity for the market facilitator role.
Ofgem issues decision on FSO Transition Funding Governance Document
On Monday 11 December, Ofgem published the Future Systems Operator (FSO) Transition Funding Governance document.
ESO publishes conclusions from Phase 4 of NZMR programme
In November 2023, the Electricity System Operator (ESO) published its assessment and conclusions of Phase 4 of its Net Zero Market Reform (NZMR) programme.
EAC calls for greater clarity on energy security and net zero
On Tuesday 28 November, the Environmental Audit Committee (EAC) published a new report, The financial sector and the UK’s net zero transition.