Regulatory Sandbox: F&S Energy Limited
Decision
Publication date
Company
Industry sector
- Supply and Retail Market
- Generation and Wholesale Market
About the Sandbox
As the Guidance explains, the Sandbox can support schemes operating in different parts of the regulated gas and electricity markets. It can enable trials (or pilots or demonstrators) that have to be done in a live energy environment, involving consumers or interacting with market rules or the physical system: the Sandbox can provide innovators with bespoke guidance, comfort and time-limited derogations (relief) from specific rules. For innovators considering market entry, the Sandbox can confirm (not an endorsement) that an activity is permissible, and, where a rule is blocking an innovation, potentially remove this by way of a derogation.
The range of activities that can be supported and the various tools at our disposal, mean that each Sandbox we grant will be bespoke, although we can expect common use-cases to emerge.
While the Sandbox has been designed to help innovators trial or bring to market new products, services or methodologies, our mission is to support and enable innovation more widely. To that end, all applicants to the Sandbox agree to surface and share knowledge and insights that can aid in this endeavour.
As this Sandbox supported scheme completes, evaluation and insights information will be added to this page.
F&S Energy Limited – Sandbox granted on 10 February 2021
F&S Energy is a licensed supplier of renewable electricity to non-domestic consumers. It has developed a new trading service for generators and consumers: F&S Energy will provide a matching service, enabling generators and customers to enter into direct bilateral contracts.
Scheme name: P2P electricity matching service
Scheme type: Market entry
Business model category: Peer-to-Peer
Support provided: Confirmation (bilateral)
Supporting documents: N/A
Evaluation: Sandbox evaluation report