Market facilitator policy framework consultation

Market facilitator policy framework consultation | 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: Market facilitator policy framework consultation Publication type: Consultation Publication date: 10 December 2024 Closed date: 12 February 2025 Status: Closed (with decision) Decision: Decision: market facilitator policy framework Print this page Related links Consultation: Future of local energy institutions and governance Decision on future of local energy institutions and governance Consultation: Market facilitator delivery body Decision: Market facilitator delivery body Flexibility Market Asset Registration Share the page Share on Facebook Share on Twitter Share on LinkedIn 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 Respond telephone 020 7901 7000 Respond email flexibility@ofgem.gov.uk Main document Market facilitator policy framework consultation [PDF, 418.64KB] Response documents Market facilitator policy framework consultation responses [ZIP, 4.96MB] Print this page Related links Consultation: Future of local energy institutions and governance Decision on future of local energy institutions and governance Consultation: Market facilitator delivery body Decision: Market facilitator delivery body Flexibility Market Asset Registration Share the page Share on Facebook Share on Twitter Share on LinkedIn Close