MP224 SEC Performance Assurance Framework

The SEC does not explicitly define a Performance Assurance Framework (PAF), which is in contrast with some other Energy Codes. Instead, the SEC Panel, as the key decision-making authority under the SEC, is expected to deal with any performance-related matters as they arise. However, managing performance-related matters on a case-by-case basis is challenging and the scope of the Panel is broad.

A project undertaken on the Panel’s behalf has concluded that the implementation of a risk-based PAF under the SEC would give confidence to Parties that the obligations set out in the SEC are being fulfilled and that performance risks and issues are dealt with in a standardised manner. The project concluded this should be progressed further via the SEC modification framework; this Draft Proposal has been raised to take this work forward.

To create a Performance Assurance Board within the SEC, and give them specific powers to develop and manage a Performance Assurance Framework to address Parties' obligations on a risk basis.

All SEC Parties

Section C 'Governance'