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Market research & Insight

Issue 359 | Wholesale liquidity

Issue 359 | Wholesale liquidity

Ofgem decisionWholesale Power Market Liquidity: Decision Letter 24 January 2014 Ofgem published its decision on 24 January to implement its final policy proposals for the Secure and Promote (S&P) licence condition. It follows a statutory consultation in November last year on the required licence changes. The regulator has not made any amendments to the intent of its final policy proposals, but made a number of typographical corrections. Ofgem’s decision will implement a new special condition in the generation licence to put in place the following three key proposals: Supplier market access (SMA) rules with obligations on the Big Six, ...

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