Michael Gibbons reappointed as BSC Panel and ELEXON Board Chairman

ELEXON has announced that Michael Gibbons will continue to serve as Balancing and Settlement Code (BSC) Panel and ELEXON Board Chairman for a further three year period when his current tenure expires at the end of September 2019.

Reappointment helps deliver changes

The announcement follows a series of discussions between the Balancing and Settlement Code Panel and the ELEXON Board. The reappointment has also been approved by energy regulator Ofgem.

ELEXON believes Michael’s continued Board and Panel leadership will play an important role in helping to deliver significant changes that will benefit the energy sector.

These include ELEXON’s work on the implementation of Market-Wide Half-Hourly Settlement which will help the industry and consumers get the full benefit of using smart meters.

Both the Panel and ELEXON work extensively to develop changes to the BSC which support the transition to a smarter market. In addition a key priority for ELEXON is also to work closely with the Government and Ofgem to deliver the outcomes of the energy codes review.

Michael Gibbons, BSC Panel and ELEXON Board Chair, said:

‘I am very pleased and privileged to be able to continue chairing the ELEXON Board and the BSC Panel for a further three years.

I thank the Board and the Panel for their confidence in me, and their strong support for my work in both of these roles. Both ELEXON and the BSC Panel play an integral part in developing, shaping and leading changes that help progress towards a smarter energy system.

Our aims are to ensure that these changes support innovation and better outcomes for the industry and consumers.

I feel a strong personal commitment to lead both organisations. I will continue to work closely with ELEXON’s Executive team and a wide range of stakeholders to ensure ELEXON’s expertise and knowledge are leveraged for the benefit of industry and consumers.’

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