GLA ‘license lite’ to allow opportunities for London DE

May 2013: A recent question to the Mayor provides some useful information on the Mayor’s application to the energy regulator Ofgem for the Greater London Authority to be classed as ‘license lite’ under the electricity supply regulations (see previous post for background). Asked what the process would be if the GLA were successful, the Mayor response was as follows:

“Following grant of the licence the Greater London Authority will enter into agreements with the owners /operators of decentralised electricity generating capacity in London for delivery to the GLA of the electricity to be supplied under the licence, supply agreements with the parties who will consume it and an agreement with a fully licensed electricity supplier for the provision of the necessary technical electricity market services to enable the licence to be operated.”

All of this is conditional however on internal approval within the GLA for the organisation to take on electricity supply operations:

“Acceptance of the licence and commencing operations is conditional on a positive and commercially prudent business model being approved by Mayoral Decision .”

This entry was posted in Decentralised Energy, News and tagged , . Bookmark the permalink.

Leave a Reply

Your e-mail address will not be published. Required fields are marked *