Government and Ofgem have published their response on the future ownership of Elexon. Elexon is currently owned by National Grid and our ownership model needs to change as part of the transition to the Future System Operator Model.
Elexon to remain in industry ownership
The decision is that Elexon will remain in industry ownership, with the 13 largest energy suppliers and generators being mandated to take on shares in Elexon.
There was wide-spread support among BSC stakeholders for retaining the industry ownership model for Elexon. We look forward to working with Government, Ofgem and the industry to transition smoothly to the new arrangements.