MOSL has today launched a consultation to seek feedback on the work of the Market Performance Framework (MPF) Reform programme to date.
The current MPF was established when the market opened in 2017 and is a group of mechanisms that govern, monitor and incentivise trading parties to deliver a set of service standards in order to comply with market codes. After five years of operation, there is evidence the current MPF is not driving improved outcomes for customers, the market or the environment.
The need for a ‘root and branch’ reform of the MPF was highlighted not only by MOSL, but by Ofwat and trading parties through a call for inputs (CFI) last year.
The MPF Reform programme is taking the learnings from the current framework, how the market has evolved and stakeholder feedback to help design a future framework that is ‘fit for purpose’.
Phase one of the programme has:
- Identified the market activities that support the delivery of desired market outcomes
- Identified the risks and issues that could prevent the market delivering on its desired outcomes
- Identified the types of interventions that could form part of an MPF and;
- proposed which market activities might be the focus of future MPF interventions.
To create a more accessible forum than a written only consultation, a series of webinars will form part of the consultation.
MOSL’s Director of Planning John Gilbert said: “The MOSL programme team has been working closely with the Performance Advisory Group (PAG)1 to develop the components the future MPF could use. I urge all stakeholders, not just trading parties, to let us know what you think by participating in the webinars and responding to the consultation.”
The consultation document can be accessed here. Details of the webinars and supporting documents can be found here.
Responses to the consultation questions below are requested by email to
If you have any questions regarding the consultation, please email
Consultation questions:
Question 1: Do you believe there are any activities missing? Please explain your response.
Question 2: Do you think there are any risks or issues that are missing? Please explain your response and identify additional risks or issues you think should be considered.
Question 3: Do any risks or issues seem under or overstated in terms of severity? Please explain your response.
Question 4: Do you believe there are any activities that have not been mapped to the risks and issues they help mitigate? Please explain your response.
Question 5: Are there any prioritised activities you believe are missing or any that have been included which you believe shouldn’t be there? Please explain your response and consider the extent to which activities are covered by natural and regulatory incentives.
Question 6: Are there any types of interventions that you believe are missing? Please explain your response.
Notes to editors
The Performance Advisory Group (PAG) aids the MPF Reform programme by informing and guiding on topics relating to the design and application of future performance interventions. The PAG is made up of subject matter experts (SMEs) on performance interventions in the market. The PAG's Terms of Reference can be found here.