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Elexon plays a crucial role in Great Britain's energy sector by managing the Balancing and Settlement Code (BSC). This involves administering the rules for the wholesale electricity market, comparing predicted electricity generation and consumption with actual volumes, calculating imbalance prices, and settling these differences among market participants. Elexon aims to ensure the efficient and fair operation of the market, providing vital data, insights, and services that support competition, transparency, and innovation within the UK's electricity industry.
The London headquarters serves as the central operational and administrative center for Elexon. Key functions include managing the Balancing and Settlement Code, stakeholder engagement, data analysis and provision, market facilitation, and developing strategic initiatives for the GB wholesale electricity market.
Modern office facilities situated in a prominent London business area, equipped with technology to support complex data operations and collaboration. Designed to facilitate efficient workflow and communication.
Elexon fosters a professional, expert-driven, and collaborative work culture. There is a strong emphasis on accuracy, impartiality, data integrity, and providing excellent service to market participants. The environment encourages continuous improvement and adaptation to the evolving energy landscape.
The headquarters' location in London provides proximity to key energy industry stakeholders, regulatory bodies (like Ofgem), government departments, and financial institutions, facilitating effective communication and collaboration essential for its role in the national electricity market.
Elexon's primary operational focus is on the Great Britain wholesale electricity market. While it collaborates with international counterparts and participates in global forums to share knowledge and best practices in energy market design and operation, its direct services and regulatory responsibilities are confined to Great Britain. Functions supported are critical to the national GB electricity infrastructure, including market balancing, settlement, code administration, and data provision.
4th Floor, 350 Euston Road
London
England
United Kingdom
No additional office locations available.
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As of April 2025, ELEX' leadership includes:
ELEX has been backed by several prominent investors over the years, including:
Based on publicly available information, there have been no major C-suite executive hires or departures at Elexon prominently announced in the immediate last 12 months. The current executive leadership team has demonstrated stability.
Discover the tools ELEX uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Elexon's common email format typically follows a standard pattern using the employee's first and last name. The most widely used format is [first_name].[last_name]@elexon.co.uk.
[first_name].[last_name]@elexon.co.uk
Format
jane.doe@elexon.co.uk
Example
85%
Success rate
elexon.co.uk • May 28, 2024
Elexon has released its annual review concerning the System Security and Electricity Market Reform (EMR) reports. This review offers insights into the effectiveness and impact of these reports on the Great Britain electricity market....more
elexon.co.uk • May 16, 2024
Elexon announced the outcomes of the recent Balancing and Settlement Code (BSC) Panel elections. The newly elected and re-elected members will contribute to the governance and evolution of the BSC....more
elexon.co.uk • April 25, 2024
Elexon has successfully concluded its annual audit for compliance with the Balancing and Settlement Code (BSC) for the 2023/2024 period. The audit confirmed Elexon's adherence to its obligations under the code....more
elexon.co.uk • March 26, 2024
Elexon provided an update on the Market-wide Half-Hourly Settlement (MHHS) Programme, detailing progress, upcoming milestones, and addressing key aspects of this major industry transition....more
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