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