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Ofgem launches Future Insights programme

Ofgem has launched the first in a series of papers to explore the impact on consumers from the future transformation of the energy system.

The papers consider what the energy market will look like over the next few decades, to help the regulator ensure its approach to regulation is relevant and responsive.

Earlier this year, Ofgem asked stakeholders for their views on how the energy system could develop and fed their ideas into the discussion papers.

Ofgem senior partner for improving regulation Martin Crouch said: “We want to put consumers at the heart of the debate around the future energy system as it transforms in the coming decades.

“Our Future Insights programme will help us develop a strategic vision so we can protect consumers now and in the future. We invite stakeholders to join in the debate.”

The first paper in the series, published today (11 October), provides an overview of key developments but upcoming papers will explore developments in more detail, including new ways to heat the home and the prospects for local energy markets.