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Ofgem launches consultation on local energy institutions and governance

Published on: 02 March 2023
Published by LNB News

LNB News 02/03/2023

Document Information

Issue Date: 02 March 2023

Published Date: 02 March 2023

Jurisdiction(s): England, Scotland and Wales

Article summary

Ofgem has launched a consultation on the future of local energy institutions and governance, and outlined how it is imperative that key energy system functions are performed by institutions with the appropriate skillset, competence, and incentives to drive net zero at least cost, with clear accountability and coordination. This consultation invites views from interested stakeholders on the proposed future institutional and governance arrangements, the extent to which Ofgem's proposals are proportionate and targeted to the most pertinent issues, as well as key design and implementation choices. Ofgem has also called for input on the future of distributed flexibility and the role of a common digital energy infrastructure to facilitate increased flexibility market liquidity. The deadline for both consultations is 5pm on 10 May 2023.

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