Review of Ofgem - the energy industry regulator
Today, 20th December 2024, DESNZ is opening a Review into Ofgem.
https://www.gov.uk/government/calls-for-evidence/review-of-ofgem-call-for-evidence
Although Government is asking a series of specific questions, they are not numbered, and we might wish to propose changes which the authors haven't considered.
Ofgem is a non-ministerial Government Department.
It creates and instigates the regulatory framework within which other organisations in the UK energy sector must operate.
These include
- the Energy Ombudsman (see page-23)
- National Energy Systems Operator (NESO), who are in turn now setting up the Regional Energy Strategic Plan (RESP) organisations
- the licensed Energy Suppliers (domestic and commercial)
- the licensed Transmission and Distribution companies for electricity, gas and heat networks
- the licensed energy generators
- the wholesale energy trading market (Elexon)
When we discuss problems with organisations operating within the energy market here on this forum, they are working under the rules placed on them by Ofgem.
We often discuss lack of accountability for MCS, NEPIT etc
and we see generic problems with Suppliers, where the Ombudsman doesn't escalate them up to Ofgem. @korwraith take note!
Here's the opportunity to comment on what's failing and how it needs fixing.
Closing date is 28th February 2025
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