RECCo responded to the Consultation on the Future Ownership of Elexon, stating that RECCo itself is a company limited by shares, owned by the Parties to the REC. RECCo considers that this
model has worked well and could suitably be adopted by Elexon, in its role as the Balancing and Settlement Code Company.
model has worked well and could suitably be adopted by Elexon, in its role as the Balancing and Settlement Code Company.
RECCo also provided detailed responses to each of the consultation questions. These responses can be read in the appendix of the letter linked below.
