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Market research & Insight

Issue 645 | P324

Issue 645 | P324

Steven Britton Steven Britton Senior Analyst

Ofgem decisionP324 Review of BSCCo’s Governance: Introducing Improved Accountability to BSC Parties 20 October 2016 Ofgem has approved the implementation of this proposal for implementation on 11 November. The regulator announced its decision on 14 October, explaining that the modification should improve accountability and clarity within the governance arrangements of the BSC Company (BSCCo). The modification, raised by National Grid, has the goal of improving the accountability of the BSC Board by giving BSC Parties the power to remove any Director they do not have confidence in. It will also make changes to the arrangements around the appointment of Directors such that ...

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