Even though we urged the Government to publish its already very delayed Strategy and Policy Statement for Ofgem back in July 2022, it has still not materialised. We recommend that an explicit duty to deliver on the statutory net zero target is added to Ofgem’s remit. We reiterate our previous call for the Government to publish an updated Strategy and Policy Statement for Ofgem which provides a very clear sense of direction to the regulator on how to manage the political and distributional tra...
Even though we urged the Government to publish its already very delayed Strategy and Policy Statement for Ofgem back in July 2022, it has still not materialised. We recommend that an explicit duty to deliver on the statutory net zero target is added to Ofgem’s remit. We reiterate our previous call for the Government to publish an updated Strategy and Policy Statement for Ofgem which provides a very clear sense of direction to the regulator on how to manage the political and distributional trade-offs intrinsic to its responsibilities, as well as a clear delineation of its roles and responsibilities. Type: recommendation | Number: 60 | Paragraph: 240 | Response status: accepted Government response: 148. The Government published its consultation on the Strategy and Policy Statement (SPS) for Energy Policy in Great Britain on 10 May 2023. The consultation will run for 12 weeks, concluding on Wednesday 2 August 2023. 149. The SPS has been developed in accordance with the Energy Act 2013.