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Issue 328 | Draft SPS

Issue 328 | Draft SPS

DECC consultationDraft Strategy and Policy Statement 15 August 2014 DECC issued a consultation on 14 August inviting views on the proposed text for the Strategy and Policy Statement (SPS). The Energy Act 2013 provides for a SPS to be designated that provides Ofgem regulation with clear direction, based on the government’s strategic energy priorities and desired policy outcomes. The SPS also aims to provide clarify on the respective roles and responsibilities of both the regulator and government. This statement looks to fulfil the government’s commitment, as part of its 2010 review of the regulator, to provide guidance to Ofgem on the ...

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