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<p>In the Government’s consultation response published in April 2022, we proposed
the creation of a new, independent Future System Operator (FSO). Depending on a number
of factors, including timings of legislation, updating licensing arrangements, amending
industry codes, and discussing timelines with key parties, the FSO could be established
by, or in, 2024.</p><p> </p><p>The Primary Legislation required to establish the FSO
is contained within the Energy Bill 2023, which is currently passing through Parliament.
Subject to reaching Royal Assent, we aim to establish the FSO as soon as practicable,
while maintaining the safety and stability of the energy systems and ensuring a smooth
transition.</p><p> </p>
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