Guidance and Publications

LCCC-ESC response to consultation on reforming the energy industry codes

Posted 16.09.2019

LCCC and ESC have welcomed the opportunity to respond to the consultation on Reforming the Energy Industry Codes issued by BEIS and Ofgem.  

• In our response we recommend that there is coherence between the evolution of the EMR schemes, any new schemes and the evolution of the market and codes that govern it. This will require alignment of priorities for change between the legislator BEIS and the ‘strategic body’, in order to ensure a successful transition to net zero emissions by 2050.
• LCCC and ESC manage the change pipeline for settlement of the Contract for Difference and Capacity Market schemes, including the prioritisation process for change across both. We propose that this prioritisation process provides a useful template for either the ‘strategic body’ or the new code managers.