Decision to use our power of direction for the Electricity System Operator's C16 review - 2024
Summary
Ofgem has directed the ESO to update its licence statements under Standard Condition C16, following the ESO's annual review submission. The updated documents take effect from 1 April 2024. This is routine annual compliance with existing licence obligations.
Why it matters
Administrative housekeeping that maintains existing regulatory framework rather than changing it. The C16 review mechanism ensures licence statements remain current but does not alter underlying market rules or charging structures.
Key facts
- •Updated licence statements effective from 1 April 2024
- •Annual review conducted under Standard Condition C16
- •ESO submitted annual report following consultation
Timeline
Areas affected
Memo
Decision to use our power of direction for the Electricity System Operator's C16 review - 2024 | 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: Decision to use our power of direction for the Electricity System Operator's C16 review - 2024 Publication type: Decision Publication date: 21 March 2024 Topic: Electricity transmission Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn In accordance with Standard Condition C16 of its Electricity Transmission Licence, the Electricity System Operator (ESO) is required to conduct an annual review of all licence statements, proposing changes as necessary. Following consultation, the ESO submitted to the Authority its annual report for approval. We expect the updated documents to be published and to enter into force from 1 April 2024. Main document Decision to use our powers of direction in relation to the annual revision of C16 statements 2024-25 [PDF, 122.56KB] Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Close