Ofgem

(asked on 22nd May 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what steps his Department has taken to ensure the impartiality of Ofgem.


Answered by
Amanda Solloway Portrait
Amanda Solloway
This question was answered on 31st May 2023

Ofgem is established in statute as the independent regulator for gas and electricity markets in Great Britain. As the independent regulator, Ofgem takes its regulatory decisions independently and within its regulatory powers it is free to decide on the most appropriate regulatory approach to a particular issue.

The Government recently published its consultation on a Strategy and Policy Statement for Energy Policy in Great Britain. This document reinforces Ofgem’s independence as a regulator, while also providing guidance to Ofgem on delivering the Government’s energy priorities.

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