The Energy Act 2023 gives new powers and responsibilities to Ofgem. This enables us to implement significant reform to the governance of the energy industry codes.
Under the new framework, we will be responsible for selecting and licensing code managers in line with the Code Manager Selection Regulations 2024. Each code manager will be responsible for the governance of its respective code.
In November 2024, we sought feedback on our proposals for selecting code managers. This document summarises responses to that consultation and sets out our intended next steps.
We have published our updated guidance on code manager selection alongside this decision.
We have carefully considered stakeholder feedback on our proposals and decided to make several changes to the guidance. These changes take effect immediately and the revised guidance is applicable to ongoing and new selections. Appendix 2 of the decision document provides further detail on our rationale for making changes to the guidance.