Elexon is a key organization at the heart of Great Britain's wholesale electricity market. It plays a critical role by comparing the amount of electricity generators and suppliers plan to produce or consume with the actual volumes delivered. Elexon is responsible for calculating the financial charges for any imbalances and managing the complex settlement process for these. They administer the Balancing and Settlement Code (BSC), the rules governing the market, and work to make the market more efficient, innovative, and fair for consumers, supporting the UK's transition to a net-zero energy system.
The London headquarters serves as the primary operational hub for Elexon, housing its core functions including market operations, settlement services, administration of the Balancing and Settlement Code (BSC), policy development, IT infrastructure, and stakeholder engagement.
The headquarters is situated in a modern office building in a well-connected part of London, equipped with contemporary workspaces, meeting facilities, and technology to support its critical national infrastructure role.
Elexon fosters a professional, expert-driven, and collaborative work culture. Employees are focused on accuracy, impartiality, and adapting to the evolving energy landscape. There's a strong emphasis on problem-solving and contributing to the efficiency of the GB energy market.
Elexon's headquarters is pivotal as it's the nerve center for the rules and financial settlement of Great Britain's multi-billion pound wholesale electricity market. Its operations directly impact all electricity generators, suppliers, network operators, and ultimately, consumers.
Elexon's operational mandate is specifically focused on the Great Britain wholesale electricity market. It does not maintain physical offices or direct operations outside of the UK. However, Elexon actively engages with international counterparts, sharing expertise and learning from other energy markets. Its role in managing one of the world's most liberalised energy markets means its practices and insights are often of interest globally, particularly concerning market design, settlement systems, and data management in the energy sector.
350 Euston Road
London
Greater London
United Kingdom
Address: 350 Euston Road, London, NW1 3AW
Serves as the national hub for all of Elexon's activities within Great Britain, supporting the entire wholesale electricity market across England, Wales, and Scotland.
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As of April 2025, Elexon' leadership includes:
Elexon has been backed by several prominent investors over the years, including:
Elexon has undergone notable leadership changes in the past 12 months, highlighted by the appointment of an Interim CEO and several interim directors, indicating a period of transition and strategic realignment at the executive level.
Discover the tools Elexon uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Elexon primarily utilizes the 'firstname.lastname@elexon.co.uk' email format for its employees. This is a common professional standard in the UK, allowing for straightforward communication with individual team members. General inquiries may use departmental addresses.
firstname.lastname@elexon.co.uk
Format
jane.doe@elexon.co.uk
Example
85%
Success rate
Elexon Website • February 29, 2024
Elexon acknowledged Ofgem's decision regarding the revised timetable for the MHHS Programme, restating its commitment to delivering this critical industry initiative designed to foster a more flexible and efficient energy system....more
Elexon Website • February 6, 2024
Elexon appointed Peter Stanley as its Interim Chief Executive Officer, following Mark Bygraves' departure. Stanley previously served as Elexon’s Chief Operating Officer, bringing deep company and industry knowledge to the role....more
Elexon Website • March 21, 2024
Elexon released its March 2024 update from the Balancing and Settlement Code (BSC) Panel. The update summarizes key discussions, decisions made, and modifications processed concerning the governance of the GB wholesale electricity market....more
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