Open Letter regarding Data Best Practice and its future in Codes
Summary
Ofgem mandates Data Best Practice (DBP) Guidance integration into industry codes, targeting Central System Delivery Bodies, Code Panels, Code Administrators, and licensed entities. The guidance aims to surface, share, and make interoperable data held across the energy sector. Entities handling significant data portions face specific implementation expectations.
Why it matters
This creates administrative overhead without addressing the fundamental problem that data silos exist because parties hoard valuable information. Adding compliance requirements to existing structures rather than creating market incentives for data sharing favours incumbents who can absorb regulatory costs more easily than new entrants.
Key facts
- •DBP Guidance to be integrated into industry codes
- •Targets CSDBs, Code Panels, Code Administrators, and all licensed entities
- •Focus on entities handling significant data portions used by code participants
Areas affected
Related programmes
Memo
Open Letter regarding Data Best Practice and its future in Codes | Ofgem Please enable JavaScript in your web browser to get the best experience. BETA This site is currently in BETA. Help us improve by giving us your feedback . Close alert: Open Letter regarding Data Best Practice and its future in Codes Publication type: Correspondence and other Publication date: 14 March 2024 Topic: Offshore electricity transmission, Digitalisation Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn This Open Letter is regarding the importance of Data Best Practice (DBP) Guidance as Ofgem’s primary tool for surfacing, sharing, and making interoperable, the data held by various actors in the energy sector; and how we expect this Guidance to apply to parties in their roles as Central System Delivery Bodies (CSDBs), Code Panels, Code Administrators, and all licensed entities (Relevant Bodies). This Open Letter outlines our intention for DBP Guidance to be integrated into the industry codes, with a particular focus on entities which handle significant portions of data used by code participants (such as CSDBs). In this letter we will outline our proposed approach for implementing DBP Guidance, including our expectations on activities undertaken by you to support this implementation. Main document Open Letter regarding Data Best Practice and its future in industry codes [PDF, 106.97KB] Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Close