Article summary
Ofgem has launched a statutory consultation under the Electricity Act 1989 concerning its proposals to modify Standard Condition 47 of the Electricity Supply Licence (SLC 47). It is proposing to modify SLC 47 to introduce data access requirements in relation to market-wide half-hourly settlement. Ofgem is seeking views on whether the proposed changes are best calculated to deliver the intent of the data policy decisions it took under the Electricity Settlement Reform Significant Code Review. Views are invited until 6 June 2022.
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