We operate within the heart of the energy and data sectors. This affords us with unique insights into the challenges and opportunities business, regulators and government face. Within this section you can view our latest views, press releases, thought leadership papers and more.
Home » Insights » Response to Ofgem Code Governance Review (Phase 3)
Response to Ofgem Code Governance Review (Phase 3)
16th December 2015
We welcome the opportunity to respond to the consultation on the Code Governance Review (Phase 3) – Initial Proposals (CGR3).
We understand that Ofgem’s CGR3 work is focused on incremental change and we have responded accordingly. Nonetheless, our stakeholders are struggling with a very complex change landscape with competing priorities, not least being those related to Nexus, settlement, Theft Risk Assessment Services (TRAS), Faster Switching and now centralised registration. All against a backdrop of smart metering roll out and environmental policy change.
With respect to CGR3, Gemserv is supportive of the proposed reforms, and if carried through appropriately, the incremental measures should make material improvement to code governance practices. However, some of the proposals require further clarification and detail in order to understand the specific nature of the reforms being proposed – we comment accordingly within our response where this applies.
CGR3 is inextricably linked to wider reform measures, and consequently in responding to the consultation, we highlight three key aspects:
The need for a more strategic approach to code governance;
Reforming the Code Administration Code of Practice (CACoP) as the foundation for improvements; and
It is the quality of chairmanship that is of greater importance.
We hope the solutions we have set out in our response to your questions helps inform your thinking. Gemserv looks forward to engaging with you further at the ongoing code governance workshops.
Did you like what you read? Did you want to find out more about the subject? Or did you simply want to get in touch with us? Either way if you would like to get in touch with us you can do so using the form on the right.
Get In Touch
Want to find out more?
Follow the links below find out more about the services we provide, our insight into the industries we serve or the opportunities available with us.