Ofgem: Standards
(asked on 4th November 2021) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effectiveness of Ofgem market entry requirements which came into effect in January 2021 in preventing company failures.
This question was answered on 9th November 2021
The process for awarding supply licenses, including market entry requirements, is independently set by the regulator Ofgem. Ofgem is the independent regulator of the gas and electricity markets in Great Britain and is accountable to Parliament.