Source · Select Committees · Business, Innovation, Science and Trade Committee
Recommendation 12
12
Paragraph: 63
More significantly, we are concerned by the Government’s apparent lack of understanding of the extensive...
Conclusion
More significantly, we are concerned by the Government’s apparent lack of understanding of the extensive failings of the regulator and the consequences that this would have on the market in the event of any demand or supply-side shocks. 76 Energy pricing and the future of the energy market While we are not in favour of further interventionism from Government towards Ofgem, we expect BEIS to adhere to the principles set out by the Framework Document.
Paragraph Reference:
63
Government Response
A response document is linked to this report, dated 13 October 2022. Response attribution to this conclusion has not been verified. Read the response document ↗