Ofgem has revealed the list of members of inaugural Capacity Market Advisory Group which will recommend rule changes to the regulator.
The group has been established as part of an overhaul of the rule change process for the Capacity Market to make it “more dynamic and adaptive to changing market conditions”.
Explaining its decision in May to press ahead with the reforms, Ofgem said at the time the previous annual process had increased “duration, complexity, and difficulty,” with the timescales for developing, approving and implementing changes placing “significant burden and risk” on participants, delivery partners and itself.
The Capacity Market Advisory Group will provide a forum for the energy industry to develop, scrutinise and prioritise proposals before making recommendation to Ofgem, which will retain responsibility for giving final approval to rule changes.
The members of the group, who will sit for an initial period of two years are:
- Ed Rees, Citizens Advice
- Claire Sedgewick, Drax Group
- Brian Lake, Eon
- Sophie Lethier, Energy UK
- Libby Glazebrook, Engie
- Lee Priestley, Flexible Generators Group
- Claire Addison, Flexitricity (covered by Emma Burns until 2023)
- Mark Duffield, National Grid Ventures
- Richard Thwaites, Penso Power
- Raoul Thulin, RWE Supply and Trading
- Sarah Honan, The Association for Decentralised Energy
- Paul Jones, Uniper
Following the approval of the Balancing and Settlement Code modification P440, Elexon will maintain and operate the groups’ processes, and in its secretariat role, will be directly responsible to Ofgem.
The first meeting it is expected to take place this Autumn. Ofgem said the group’s processes and operating procedures are currently being developed and will be shared with industry in due course.