Regina Finn appointed Chair of Low Carbon Contracts Company and Electricity Settlements Company
The Low Carbon Contracts Company and Electricity Settlements Company are government companies established in 2014 to help deliver Contracts for Difference and the Capacity Market.
Regina Finn has been appointed as Chair of the Low Carbon Contracts Company (LCCC) and the Electricity Settlements Company (ESC).
Regina has held a number of board positions including Chair of Mutual Energy and non-executive director with the Channel Islands Competition and Regulation Authority and Irish Water. She was the first Chief Executive of Ofwat, the water regulator for England and Wales, headed up the Commission for Energy Regulation in Ireland as well as the Office of Utility Regulation in the Channel Islands. She worked for the Irish Government and as Deputy Director General of the telecommunications regulator in Ireland – now ComReg.
This appointment has been made in accordance with guidance issued by the Commissioner for Public Appointments.
The LCCC and ESC schemes are designed to incentivise the investment required in our electricity infrastructure to deliver clean and reliable electricity supplies, whilst minimising costs to customers.