Our Regulatory Advisory Service
We develop and implement governance frameworks, processes and procedures across sectors.
Our insight into what works well and the methods and tools to achieve consensus – often across many different stakeholders – helps clients establish, develop and improve governance.
We provide advice on issues including the setting up of central market arrangements, operation of codes across different jurisdictions and market entry requirements.
Making competition work effectively
Effective regulation is key to ensuring competitive markets work with integrity.
Good governance is the foundation for ensuring that key regulatory decisions will be informed and to gain stakeholder buy-in.
In markets such as energy, where a shift to a smarter system is underway, governance is an enabler for change but also protection for consumers as they engage with new devices and providers.
Our governance services help fair, dynamic and innovative market arrangements to be established. That enables all participants to have a voice in developing the policy and regulations that govern them and that everyone can compete on a level playing field.
We work in collaboration with all stakeholders to ensure regulated markets deliver the desired outcomes for policymakers, regulators and consumers.
We have played a key role in some of the most significant initiatives seen in the European energy sector.
From operating the electricity retail governance arrangements, supporting the GB smart metering rollout to establishing the Single Electricity Market in Ireland. Our experience gives us deep insight into how best to approach challenges and what works in practice for all stakeholders.
Our consultants have vast experience in understanding, implementing and assuring regulatory requirements in the retail energy markets and have worked for large and small energy suppliers, regulators and central delivery bodies.
Using our extensive experience and expertise, we are able to help businesses navigate the changing energy landscape during periods of unprecedented change and disruption in the market.
Energy Regulatory Services
- Regulatory Change
The energy market is experiencing an unprecedented period of disruption as a result of regulatory change to support the move to a decarbonised, decentralised and digitalised energy system. While this change presents valuable opportunities to improve competition in the market and outcomes for consumers, this can also create challenges for new or established businesses when assessing and implementing the required changes to their businesses.
Our Regulatory Services team have direct experience in implementing required business changes to comply with regulatory requirements across energy suppliers, supplier agents and technology service providers, and can assist with undertaking impact assessments, identifying solution options, process development and implementation.
- Compliance & Risk
Gemserv has significant experience in implementing compliance and assurance regimes in the energy market, supporting new market entrants through market entry requirements, providing market level assurance as the Gas Performance Assurance Framework Administrator and operating the Smart Metering Device Assurance Scheme.
Our Regulatory Services team have experience in implementing compliance frameworks and assurance regimes, and are able to assist you with:
- Understanding Regulatory Obligations and Principle Based Regulation
- Compliance Assessments / Regulatory Gap Assessments
- Implementing Compliance Frameworks / Assurance Regimes
- Supporting Internal and External Audits
- Developing and Implementing Compliant Processes
Our Energy Service Offering
Our consultants have experience in understanding regulatory requirements and have worked for energy suppliers, regulators and central delivery bodies.
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