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Publication of Statutory Consultation and National Energy System Operator Licences Jointly With Ofgem
02 September 2024
Type
Written Ministerial Statement
Department
Department for Energy Security and Net Zero
TAGS
At a Glance
Issue Summary
The statement addresses the publication of a joint Government-Ofgem response to the statutory consultation on National Energy System Operator (NESO) licences and outlines NESO's role in achieving net zero and energy security goals.
Action Requested
The Department for Energy Security and Net Zero, alongside Ofgem, is aiming to establish NESO this year by granting it two new licences under the powers of the Energy Act 2023. Copies of the Statutory Consultation Response on NESO’s licences will be placed in the House Libraries.
Key Facts
- NESO will be an independent entity managing strategic planning and electricity system management.
- The establishment of NESO applies to England, Scotland, and Wales but not Northern Ireland due to energy devolution.
- Ofgem will regulate NESO through two new licences under the Energy Act 2023.
- NESO’s role includes achieving Clean Power 2030 target.
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