Code clarified to deal with urgent change processes in the retail market

Code change CPM006 was implemented last Wednesday, clarifying how urgent changes to retail market rules must be progressed.

Approving the change proposal, Ofwat pointed out: “The outbreak of the Covid-19 pandemic could give rise to more Urgent Change Proposals being required, and this process allows for trading parties, and other stakeholders, to raise Change Proposals on an expedited basis.” It brought the implementation date forward to 8 April from the mid May date recommended by the Panel.

Ofwat also said concerns it raised when it sent a similar change proposal back last year had been addressed.