Market facilitator policy framework consultation
Consultation
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
- Publication date
- Closing date
- Industry sector
- Distribution Network
Flexibility is critical to reaching a clean power system in 2030 and meeting net zero in 2050. Currently there are barriers that make it difficult for flexibility service providers to participate in flexibility markets. With the growth of renewable generation and the increasing uptake of electric vehicles and heat pumps, tackling these challenges and reducing friction is essential to unlock the full value of flexibility.
In July 2024, we confirmed that Elexon would be the market facilitator, a single, expert entity with a mandate to align local and national flexibility market arrangements, to reduce friction and increase liquidity in flexibility markets. We want the market facilitator to go-live by the end of 2025.
We are seeking views on the proposed policy framework for the market facilitator in the following areas:
- setting up the market facilitator – the forward workplan of activities and publications and the transitional roles and responsibilities for Ofgem and Elexon
- market facilitator function – what’s in scope for the market facilitator and the enduring roles and responsibilities for Ofgem, Elexon and other key actors
- market facilitator deliverables – we propose parameters for the key deliverables which include a delivery plan, a budget and technical outputs
- market facilitator performance arrangements – how we propose to evaluate Elexon’s performance as market facilitator
We would like views from stakeholders with an interest in local flexibility markets. We particularly welcome responses from network companies, flexibility service providers, industry experts, academics, consumer groups and charities.
Next steps
The consultation will be open for 9 weeks, closing on 11 February 2025.
We aim to publish our decision in spring 2025.
Respond name
Joseph Cosier