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Britain Quietly Rewired Its Electricity Market and Almost Nobody Noticed
['Anamta Shehzadi', 'Angela Scott-Briggs']
TechBullion
In February 2025, a modification to an industry rulebook most people have never heard of changed how electricity can be bought and sold in Britain.
What did not exist was a settlement mechanism that could tell their electricity apart from everyone else’s.
On electricity matched directly from a licence-exempt generator, that element falls away.
On matched volumes, that can mean a reduction of around 25 to 30 per cent against a typical business electricity rate.
SourcesElexon, P442 modification proposal: https://www.elexon.co.uk/bsc/mod-proposal/p442/ [nofollow]Ofgem, approval of BSC modification P442: https://www.ofgem.gov.uk/decision/approval-bsc-modification-p442 [nofollow]Welsh Government, licence-exempt electricity supply guidance: https://www.gov.wales/licence-exempt-electricity-supply-guidance-html [nofollow]