Request for Schedule B of Special Condition AA to no longer have effect in RWE Generation plc’s Electricity Generation Licence
Licence modification
- Publication date
- Company
- RWE Generation UK Plc
- Industry sector
- Generation and Wholesale Market
- Licence type
- Electricity Generation Licence
In September 2019, RWE AG’s majority financial stake in Innogy SE (the former holding company of npower) was bought by E.ON and replaced by a minority financial holding in E.ON as the new owners of npower. As a consequence, RWE Generation plc considers that Schedule B of Special Condition AA (the Market Making Obligation) should no longer have effect in the Electricity Generation Licence held by the company and have written to us to request this change.
This letter sets out the background to RWE’s request and explains our reasons for consenting to it. To give effect to the changes, pursuant to the Special Condition, we have published a Direction to the relevant Electricity Generation Licensee alongside this letter.