Statutory consultation - establishing the Independent System Operator and Planner (ISOP) in GB industry codes 2024
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
This consultation sets out the proposed modifications to implement changes to the following industry codes (collectively referred to as “the Codes”) to enable the establishment of the Independent System Operator and Planner (ISOP) in accordance with its statutory functions, duties and licence conditions.
Modifications are proposed to the following Codes:
Further, we intend to make no modifications to Independent Gas Transporters’ Uniform Network Code (IGT UNC), Retail Energy Code (REC) and the Smart Energy Code (SEC).
Subject to this consultation, we intend for the Relevant Authority to exercise its powers, respectively, under section 169 of the Energy Act 2023 in order to modify directly these Codes. The Gas and Electricity Markets Authority (GEMA) and the Secretary of State of the Department will each act as the Relevant Authority for corresponding parts of the proposed modifications. We intend for GEMA to be the Relevant Authority for all the proposed code changes, excluding those related to National Security. In the case of the latter, the intention is for the Secretary of State to be the Relevant Authority.
The effect of the proposed modifications is to implement changes to the Codes to ensure they are coherent with the establishment of the Independent System Operator and Planner (ISOP), previously referred to as the Future System Operator (FSO), and other changes to the regulatory framework in accordance with its statutory functions, duties and licence conditions.
Provisional legal text for the proposed modifications to the Codes is contained in a number of annexes (the “Annexes”) which are also being published.
Subject to this consultation's findings and account taken of representations provided, these proposed modifications, with annexes in a similar form as the Annexes, will form part of the decision by the Relevant Authority to modify the Codes.
It is anticipated that the finalised modifications will take effect upon the date when the designation of the ISOP comes into effect following notice by the Secretary of State of the Department under section 162 of the Energy Act 2023.