Peter Stanley
CEO of Elexon, the Balancing and Settlement Code Company for Great Britain, responsible for managing market rules, settlements and payments that keep the electricity system balanced.
Best podcasts with Peter Stanley
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Nov 24, 2025 • 30min
205. Elexon: The Hidden Engine of Britain’s Power Market - nov25
Peter Stanley, CEO of Elexon, dives into the intricate world of the UK's electricity market. He explains Elexon's vital role as both referee and accountant, ensuring every kilowatt is accounted for amidst rising balancing costs which have skyrocketed to £8 billion. Stanley illuminates the modernization of settlement processes and discusses how AI is transforming market operations. He also touches on the shift towards cleaner energy and the significance of half-hourly settlements for EV aggregation, highlighting Elexon's crucial impact on the future of energy.
Apr 3, 2025 • 48min
Elexon and Balancing and Energy Settlement in Great Britain with Peter Stanley (CEO @ Elexon)
Peter Stanley, the CEO of Elexon, dives into the critical role his organization plays in the UK's energy market, overseeing important balancing and settlement processes. He discusses the impact of rising renewable energy assets and the need for clear optimization rules. Peter highlights Elexon's evolution amidst changing grid dynamics, including the transition to half-hourly settlements and the integration of smart meters. He explores future trends in energy management with AI and dynamic tariffs, emphasizing the importance of flexibility in achieving decarbonization goals.
