Speeches by Young.

“I am going to turn to Matthew. One aspect of the reforms is to get participants to improve self-balancing before gate closure happens. What are the behaviours in the current market that are driving those unnecessary balancing actions, and what will need to happen to stop those behaviours?”

“Surely a helpful ambition. We do not want them—”

“Are you hearing different feedback from different types of players in the system?”

“We have had some evidence suggesting more use of deliberative democratic approaches such as citizens’ assemblies and panels. Is that something to consider?”

“The reforms rely on having more granular and locational data, but can you actually handle that data? Do you have systems in place? Do you have the capacity to do that, and the expertise? It is all very well having huge amounts of information, but if you do not have the capacity to do anything with it, it is not going t…”

“I was going to come on to that.”

“Yes, in the UK.”

“If I can re-ask the question I was trying to ask Matthew: effectively, at the moment you have a system where people are bidding into it. Is there a way that, for much smaller assets where people do not have the capacity to do that, you can effectively use a pull approach, where you have got the data available—no, I am …”

“I am going to turn to Matthew. One aspect of the reforms is to get participants to improve self-balancing before gate closure happens. What are the behaviours in the current market that are driving those unnecessary balancing actions, and what will need to happen to stop those behaviours?”

“Surely a helpful ambition. We do not want them—”

“If I can start with Claire, because obviously NESO is leading the reform programme—you have been running your call for input on the reforms. What have you learnt about industry support from that so far?”

“Yes, lowering the threshold. Beyond bringing them on, is there anything else that needs to happen to drive the right behaviours?”

“Maybe I am not fully understanding, and this may not be a sensible question, but is it possible to put some of that rule-making on to NESO’s side, rather than the participants, so there is not so much requirement on participants to understand those rules? Is it possible to have a pull—I am not sure I am describing it v…”

“What do you think should determine the balancing mechanism threshold?”

“Would a locally determined contributions framework be useful to help local authorities reduce greenhouse gas emissions and line up with the national objectives? If the answer is yes, how do you think that will work with councils who are rapidly cancelling their climate emergency declarations?”

“Yes, in the UK.”

“I think so. I used to work in software. Is it just about adding that locational data that would enable them to make those—”

“Are these reforms going to fix that, or is this still going to be a problem?”

“If I can come to Claire again: is your timetable for reducing the balancing mechanism threshold realistic? Do you have the systems in place? That is going to create a much more complex system of assets for you to communicate with, so do you have the systems in place to do that, at the same time as having all the extra …”

“It is a pleasure to serve under your chairship, Mr Stringer. The Liberal Democrats support the justification for the Rolls-Royce small modular reactor, or RR SMR, and the development of SMRs in general. We recognise their potential to strengthen energy security and reduce reliance on imported gas when they can provide …”