The government must give a clear commitment that it will use the “sweeping and open-ended powers” granted to it by the Energy Prices Bill responsibly, industry figures have demanded. The Bill has now been given Royal Assent despite objections from industry, politicians, civil servants and experts in legislation. Energy UK and senior sector figures shared their concerns with Utility Week, including the risk that Ofgem’s role could be undermined.
New BEIS powers risk undermining Ofgem’s independence
