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Ofgem Decision on Market Arrangements for Multi-Purpose Interconnectors

Ofgem has decided to implement Offshore Bidding Zones (OBZs) with implicit trading arrangements as the preferred market model for Multi-Purpose Interconnectors (MPIs). This decision follows a consultation on market arrangements and aims to improve market efficiency and integrate offshore renewables. Further development of the regulatory framework is ongoing.

Ofgem: Electricity Distribution GSOP Payments Adjusted for 2026-2027

Ofgem has published guidance detailing adjustments to Guaranteed Standards of Performance (GSOP) payments for electricity distribution network operators for the 2026-2027 regulatory year. These adjustments reflect inflation and are effective from April 1, 2026.

Ofgem Decision on NESO's Annual C9 Review Submission

Ofgem has responded to the National Energy System Operator's (NESO) annual submission of revisions to its Electricity System Operator licence condition C9 statements. Ofgem has decided not to use its veto powers, allowing the proposed revisions to proceed.