Source · Select Committees · Business and Trade Committee
Recommendation 7
7
Paragraph: 46
Whilst we have been reassured by Jonathan Brearley that changes are being made to the...
Conclusion
Whilst we have been reassured by Jonathan Brearley that changes are being made to the governance, leadership, and performance of Ofgem we remain deeply concerned that such negligent behaviour was able to take place for so long. If Dermot Nolan was still in post, we would be calling for his dismissal. We therefore require the current and any future CEO and Chair of Ofgem to report annually to this Committee and to BEIS on the measures in place to ensure effective accountability and transparency required from Ofgem.
Paragraph Reference:
46
Government Response
Acknowledged
HM Government
Acknowledged
Ofgem and the Department have begun discussions to refresh the framework document in line with the requirements of His Majesty’s Treasury. We expect to publish the framework by December 2022.