Nic Rigby

The Electricity Settlements Co. is a British private limited company owned by the Secretary of State for the Department for Energy Security and Net Zero (DESNZ). The company is based in London, UK. The company plays a key role in the delivery of Electricity Market Reform (EMR), the biggest change to the electricity market since privatization. The company manages contracts for difference, capacity market, and new schemes, including nuclear and regulated asset base resources. The company offers job opportunities in contract management, IT, policy, and change teams. The company's work supporting first-of-a-kind projects is ramping up, and it aims to make decarbonization happen across the UK. The company was founded in 2014, and the CEO is Neil McDermott.