Thu, Oct 15, 2026
Text Size
Wednesday, 15 February 2017 06:37

Ofwat to confirm MOSL as Market Operator

Ofwat has launched a consultation flagging up the anticipated confirmation of Market Operator Services Ltd (MOSL) as the official Market Operator when the retail market opens for competition in April 2017.

MOSL was originally set up with a view to it becoming the first Market Operator. In December 2016, Members of MOSL approved its business plan and budget for 2017/18, together with updated Articles of Association, on the basis that it would be appointed as the Market Operator from April 2017 onwards.

The new Market Arrangements Code MAC condition will take effect at Market Opening, and requires all market participants to be a party to, and comply with, the MAC. Among other things, the MAC condition requires market participants to make sure that the MAC itself includes provisions for the establishment, and funding at all times, of a body to perform the role of Market Operator.

In order for Ofwat to be satisfied that all wholesalers and retailers will be compliant with their legal obligations once the MAC condition and MAC take effect at Market Opening, the regulator has now written to each wholesaler and retailer asking them to confirm that they have appointed a Market Operator.

News Showcase

Sign up to receive the Waterbriefing newsletter:


Watch

Click here for more...

Login / Register




Forgot login?

New Account Registrations

To register for a new account with Waterbriefing, please contact us via email at waterbriefing@imsbis.org

Existing waterbriefing users - log into the new website using your original username and the new password 'waterbriefing'. You can then change your password once logged in.

Advertise with Waterbriefing

WaterBriefing is the UK’s leading online daily dedicated news and intelligence service for business professionals in the water sector – covering both UK and international issues. Advertise with us for an unrivalled opportunity to place your message in front of key influencers, decision makers and purchasers.

Find out more

About Waterbriefing

Water Briefing is an information service, delivering daily news, company data and product information straight to the desks of purchasers, users and specifiers of equipment and services in the UK water and wastewater industry.


Find out more