E2M - Energy Trading Ltd - Notice of Revocation of an Electricity Supply Licence
Licence revocation
- Publication date
- Company
- E2M - Energy Trading Limited
- Industry sector
- Supply and Retail Market
- Licence type
- Electricity Supply Licence
NOTICE OF REVOCATION OF A LICENCE PURSUANT TO SECTION 6 OF THE ELECTRICITY ACT 1989
Notice of Revocation
Whereas
1. E2M – Energy Trading Ltd., (company registration number 10610592), having its registered office at C/O D & K Accountancy Services Limited, Solar House, 915 High Road, London, N12 8QJ, is the holder of an Electricity Supply Licence (the “Licence”) granted or treated as granted under Section 6(1)(d) of the Electricity Act 1989 (the “Act”).
2. Section 6(8) of the Act provides that a licence granted or treated as granted under the Act may be revoked in accordance with any term contained in it.
3. Paragraph 1(e) of Schedule 2 of the Licence provides that the Gas and Electricity Markets Authority (the “Authority”) may at any time revoke the Licence on giving no less than 30 days’ notice to E2M – Energy Trading Ltd., where it has not commenced the licensable activity within 1 year after the date on which the Licence comes into force or has ceased to supply electricity to all customers.
4. The licensee has ceased to supply electricity to all customers.
Reasons for Decision
5. The Authority has decided that the Licence should be revoked in accordance with paragraph 1(e)(ii) of Schedule 2 of the Licence because the licensee has ceased to supply electricity to all customers.
Therefore
6. The Authority hereby gives notice that, unless the Authority otherwise directs, the Licence will be revoked with effect from 00:01am on 16 March 2022.
Lynn Parker
Duly authorised on behalf of the Gas and Electricity Markets Authority
11 February 2022