Elexon

Elexon is an organization that manages and oversees the electricity market in Great Britain. It ensures electricity supply and demand are balanced, monitors system performance, and administers rules and payments among energy providers. By operating the Balancing and Settlement Code (BSC), Elexon facilitates fair trading and reliable electricity delivery, helping maintain a stable and efficient energy system. Essentially, it functions as a central coordinator that keeps the electricity grid running smoothly, ensuring consumers receive consistent power while enabling market participants to buy and sell electricity fairly.