GAD supports the setting up of National Energy System Operator
We worked closely with the government on a purchase from National Grid to form the publicly owned National Energy System Operator.
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We worked closely with the government on the purchase from National Grid of the Electricity System Operator to form the publicly owned National Energy System Operator (NESO).
The 바카라 사이트 Actuary바카라 사이트™s Department (GAD) worked with the Department for Energy Security and Net Zero (DESNZ). DESNZ decided to set up NESO to drive progress towards net zero while maintaining energy security and minimising costs for consumers.
Clean power
The change means Britain바카라 사이트™s energy system will be planned by a new publicly owned organisation as part of an overall plan to help deliver clean power by 2030.
It will help connect new generation projects with the electricity grid, working alongside Great British Energy to deploy renewable energy. NESO launched on 1 October 2024.
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GAD바카라 사이트™s expertise
We worked to time-critical deadlines and provided substantial support around the specialist issue of pensions.
Support and advice
Our support for DESNZ involved collaborating with numerous parties inside and outside government, working closely with DESNZ바카라 사이트™s legal advisers. We were pleased to receive feedback from DESNZ on our 바카라 사이트śexcellent service, support and advice바카라 사이트ť.
Claire King (Head of Implementation at DESNZ for this project) worked with the GAD team and said: 바카라 사이트śGAD approached this transaction with the utmost professionalism. The team dealt with the many stakeholders as our subject matter experts in pension transfers and managing investment risk. Their experience and enthusiasm helped us to drive the project forward and reach a solution that took account of all parties바카라 사이트™ needs.바카라 사이트ť