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Ofgem has proposed taking on a strategic oversight role for energy code governance as part of a joint consultation with BEIS, published amidst a flurry of energy policy announcements. Presenting this as their preferred option for reform, they said the regulator would issue a strategic direction for energy codes on an annual basis and ensure it is delivered by a series of code managers that would take on most of the functions currently performed by industry-led code panels.
4 years ago
Ofgem has written an open letter to the chairs of the network operators to request a dialogue on board leadership, governance and transparency. The regulator said it is also considering changes to board disclosure requirements as part of the RIIO2 price controls.