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The course of future regulation – Ofgem’s via media

Josephine Lord Consultant

Ofgem recently issued its strategy for regulating the future energy system. We said in our summary piece last week (ES584) that this important document, Our Strategy for Regulating the Future Energy System, warrants more scrutiny. Carpe diem The stated aim of Ofgem’s vision is to increase predictability and provide strategic direction to the evolution of the regulatory framework over time. That it considers such a move is necessary is a testament to many uncertainties over how the markets will develop, but also to the sheer volume and the wide range of major developments that the regulator is involved ...

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