Ofgem may be given bigger clean energy role

The Department for Energy Security and Net Zero is reviewing Ofgem with a view to strengthen the energy regulator to support consumers and drive clean energy adoption.

The review of the energy regulator will establish Ofgem as a “strong consumer champion, driving up standards for household and business consumers both now, and as energy use evolves with smarter and greener technology”.

In part the review is a response to the significant rise in energy costs in 2022, and the Government believes Ofgem did not always tackle the resultant issues as well as it might.

The review will also consider how Ofgem can better drive the Government’s “clean power” and “economic growth” agenda by supporting the private sector to invest in the energy infrastructure for upgrades of clean technology.

The official press release also adds a little buzzword bingo, with “working people”, “broken market” and “deliver real change” alongside those already highlighted and other tropes.

Minister for Energy Consumers, Miatta Fahnbulleh said: “We have listened to people’s concerns and learned from the energy crisis. We will ensure that working people have access to the best possible support to choose more affordable, smarter, clean energy that is right for them. The review of Ofgem will set it up for the transition to net-zero and establish it as a champion for households and businesses by fixing the broken energy market and putting consumers first.”

Ofgem welcomed the review.



Share Story:

Recent Stories