The National Energy System Operator has been established through powers under the Energy Act 2023. This sets out the responsibilities of the new public body to maintain the UK’s energy supplies, protect energy consumers and plan for an efficient clean energy system that is fit for the future.
The new National Energy System Operator (NESO) will help connect new generation projects with the electricity grid, working alongside Great British Energy to deploy renewable energy, so bill payers can reap the benefits of clean, secure, homegrown power.
Fintan Slye, Chief Executive of the National Energy System Operator, said: Today is a crucial step in our journey to become the National Energy System Operator and we’re delighted that the Energy Secretary has confirmed 1 October will be the launch day of this new independent organisation.
“This new National Energy System Operator will drive forward net zero across both the electricity and gas systems, operating a ‘whole system’ approach.
It comes as the government today reached an agreement with National Grid to acquire the Electricity System Operator, which will be transferred to public ownership. Set to start work on 1 October, NESO will be chaired by former E.ON CEO Dr Paul Golby, with Fintan Slye as the Chief Executive Officer. Energy Secretary, Ed Miliband, said:
ESO is delighted to announce that the new organisation will be called “National Energy System Operator” from when it is launched this summer. In the meantime, ESO will retain its name. All parties are working towards a launch date in Summer 2024. Fintan Slye, Executive Director, ESO said:
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