'Licence Lite'

MQT on 2013-05-22
Session date: 
May 22, 2013
Question By: 
Murad Qureshi
Labour Group
Asked Of: 
The Mayor


Could the Mayor please explain the process that would be taken forward if the Greater London Authority was awarded 'Licence Lite' status?


Answer for 'Licence Lite'

Answer for 'Licence Lite'

Answered By: 
The Mayor

Following grant of the licence the Greater London Authority will enter into agreements with the owners /operators of decentralised electricity generating capacity in London for delivery to the GLA of the electricity to be supplied under the licence, supply agreements with the parties who will consume it and an agreement with a fully licensed electricity supplier for the provision of the necessary technical electricity market services to enable the licence to be operated. Acceptance of the licence and commencing operations is conditional on a positive and commercially prudent business model being approved by Mayoral Decision .