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Great Britain energy law update: Ofgem SoLR Levy Offset and generation licence consultations, distribution licence changes, ISOP transfer scheme, EBDS amendments, code updates, key dates and trackers

Published on: 15 February 2024

Published by a LexisNexis Energy expert
Legal News
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Article summary

In this issue:

  • Electricity and gas market regulation and licensing
  • LexTalk®Energy: a Lexis®Nexis community
  • Daily and weekly news alerts
  • New and updated content
  • Dates for your diary
  • Trackers

Electricity and gas market regulation and licensing

Ofgem launches consultation on SoLR Levy Offset

Ofgem has opened a consultation on a proposed Supplier of Last Resort (SoLR) Levy Offset intended to cut costs for consumers when an energy supplier exits the market. The SoLR safety net keeps customers supplied if a supplier fails, and the suggested levy would recoup part of the expenditure linked to this arrangement. Ofgem is inviting input from consumer organisations and charities, energy suppliers, electricity and gas distribution networks, and professionals working in insolvency. This consultation closes on 5 April 2024. See: LNB News 09/02/2024 74.

Ofgem opens consultation on amendments to the Electricity Generation Licence

Ofgem has launched a consultation on proposed changes to the Electricity Generation Licence. The revisions are intended to ensure the licence remains appropriate for assets classified as generation that also deliver network services. Submissions are requested by 10 March 2024. See: LNB News 09/02/2024 17...

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