Peter was appointed to the Board as CEO on 28 September 2023 and is responsible for delivering Elexon’s vision, strategy and overall day to day performance of the business for the benefit of our customers and ultimately consumers.
Elexon manages a number of electricity market arrangements including the Balancing and Settlement Code (BSC), Market Facilitator for Local Distributed Flexibility, the Data Integration Platform, the Capacity Market Advisory Group and implementation Manager of the Market Wide Half Hourly Settlement programme on behalf of Ofgem. We are also the Settlement Services Provider for Contracts for Difference, Capacity Market and Nuclear RAB scheme for the Low Carbon Contracts Company.
Experience at Elexon
Previously Peter was an Executive Director and Chief Operating Officer (COO) at Elexon. As Chief Operating Officer he was responsible for Elexon’s code delivery body functions under the obligations laid out in the Balancing and Settlement Code (BSC) and for developing and realising the vision for the Elexon Kinnect platform, that has underpinned the Elexon’s transformation of our digital and data capabilities, driving key initiatives for market insight services, data exploitation, and flexibility markets to support CP2030 and Net Zero.
Experience in the industry
Peter has over 35 years’ experience in the electricity industry and has gained a strong background in driving technology and data focused transformations within the energy sector.
Interviews, presentations and articles
- Elexon Insight: The key to unlocking the future of local flexibility (25 January 2024)
- BSC Insight: ‘Event-driven’ architecture can help to release the value of energy data (17 February 2022)
- TechUK blog by Peter Stanley: cloud technology revolutionises Elexon services (24 November 2021)
- New Power Interview: Elexon’s Peter Stanley on opening up the settlements process ‘black box’ (12 October 2021)