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Posts Tagged ‘electricity training’

Wednesday, June 30, 2010 @ 10:06 AM Utility Business

ELEXON delivers a range of services that are critical to the successful operation of Great Britain’s electricity trading arrangements. We handle over £500 million of our customers’ funds each year and interact with every one of the over 200 companies that take part in the electricity industry, who in turn deal with over 28 million customers across the country.

As part of our role in ensuring that electricity settlement takes place, we have expertise in procuring and managing large industry leading contracts for systems and processes, we provide assurance services that the system works, that our customers are complying, and we managed the implementation and development of one of Great Britain’s largest energy industry codes, as well as dealing with the ongoing day to day governance.

We’ve managed extensive industry change over the past 10 years, with the development and introduction of the NETA arrangements, the role out of the code into the Scottish Market in 2005 (BETTA), undertaken regular reviews and reprocurements of our large contracts (worth over £226 million), and constant updating of the code itself. We are now perfectly placed to help provide industry leading solutions to the challenges that changes across the energy industry are creating.

How is ELEXON looking to the future?

We’re consulting widely on smart metering, and smart grids, looking at how any proposed changes may impact on settlement and our customers, and proactively proposing solutions. We’re considering the impact of the low carbon economy, and particularly the challenges that electrification of transport, as well as an increased reliance on renewable energy sources, will bring. And we’re looking at ways we can reduce costs to our customers, by commercialising some of our offerings to customers outside the scope of the BSC.

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