Response to Ofgem consultation on Industry Codes Governance
We support Ofgem’s aim to better facilitate strategic change. In our view the codes governance framework needs fundamental reform if it is to be truly fit for purpose in a more dynamic and decentralised energy market. There are clear benefits to the proposals in the consultation. The current codes landscape is complex, and there is an opportunity to simplify this and address the underlying reasons for complexity. Doing so would make the codes process less burdensome for market participants, something that would be very welcome to the increasing diversity and number of market players.