Energy regulator, Ofgem, has welcomed
the Government’s conclusions to its Energy Review published this week.
Ofgem’s Chairman, Sir John
Mogg, said: "I welcome the Government’s restatement of its commitment to markets
and effective independent regulation as the cornerstone of Britain’s energy
policy to deliver secure, sustainable and affordable energy supplies for
consumers. While we fully expected this, it is nonetheless fundamentally
important for the challenges ahead.
"Ofgem has, I believe, already
demonstrated its credentials as a regulator for the 21st Century. We are fully
engaged in developing energy networks that are fit for purpose for the future.
We shall undertake more forward looking analysis and, with Government, review
and remove any unnecessary barriers to distributed generation. The Distributed
Generation Review can build on initiatives we took at the last electricity
distribution price control and work that is already underway in our newly
established microgeneration forum.
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"Action on a number of fronts
will be needed if consumers are to become truly ‘energy smart’: better ways to
incentivise and tackle barriers to energy efficiency; an urgent examination of
the potential for smarter metering and improvements in information and accuracy
of energy bills. Ofgem is playing an important role in each of these areas and
our new sustainability report will assess progress, barriers and further action
required by Ofgem and across Government to help reduce carbon emissions.
“The focus must be international
as well as domestic and Ofgem’s work in Europe will also be key. Through
my chairmanship of EU regulators and membership of the Commission’s High Level
Group on Energy, Environment, and Competitiveness, Ofgem is well placed to
contribute to and influence the debate.
"The investment needed to meet
Britain’s future energy needs will continue to be reflected in higher prices for
business and household consumers. Given this, I particularly welcome the
commitment to explore ways to better target help to vulnerable consumers – this
chimes with the ‘find and fix’ approach, which we have advocated and we look
forward to continuing to play a key facilitative role."
Sources:
http://www.ofgem.gov.uk
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