Our Head of Training, Ed Reed, talks to our GB energy market industry code experts, Adam Boorman and Tom Edwards as they discuss the ongoing government and Ofgem led code governance reform programme. The industry codes set out the detailed commercial operation of the GB electricity and gas markets. Moreover, they include the processes, rights and responsibilities of parties associated with customer switching, connections and ongoing charges for using energy networks, smart meter data transfer infrastructure, and balancing and settlement of energy volumes.
Tom and Adam also discuss the ongoing code governance reform work, which is being driven by government and Ofgem. They ascertain which improvements to industry code governance arrangements and the structure of codes will help. The improvements will ensure the codes and arrangments meet the systems needs as it evolves to achieve net zero ambitions. Based upon a Cornwall Insight report commissioned by Elexon, our experts discuss the potential benefits from consolidating codes. They also look at the form this reordering of complex rule books could take.
Given these points, to see more of our thinking, the Elexon report can be found on Elexon’s website.
Below is a 90-second extract from our full podcast on Code Governance Reform.
Regulation subscription services
Cornwall Insight can help you keep up to date with industry code rule changes through our regulatory subscription services. For more information on our regulation capabilities, please contact Vicky Simonds on v.simonds@cornwall-insight.com or 01603 542124.
Training options
Additionally, we can also provide training on the industry code landscape in the gas and electricity energy markets and the implications of the government and Ofgem reform work. To discuss our training options, please contact Emily Matthews at e.matthews@cornwall-insight.com or on 01603 542115. You can also view our full list of upcoming public courses here.
