Reorganisation for Ofgem

Reorganisation for Ofgem

15 January 2018

Channel: Strategy & management

System operation and networks is one of three divisions that will make up Ofgem's new streamlined organisational structure.

The new structure will be in place from April with Ofgem stating that it will allow it to "better focus on protecting consumers". This is ahead of the regulator's move to the new Government hub building at South Colonnade, Canary Wharf in London.

The regulatory functions will be streamlined into three divisions:

  • Consumers and markets will look after the interests of consumers in the energy market. Its remit will include both wholesale and retail markets as well as enforcement.
  • System operation and networks will focus resources on the next round of network price controls due to start in 2021 and ensuring maximum benefits for consumers from the rapid changes in the energy system. 
  • Corporate and scheme services will provide business support services to Ofgem and run environmental schemes for Government.

Andrew Wright, senior partner for energy systems, and Chris Poulton, managing director for E-Serve, have decided to leave the organisation over the next few months.

Ofgem chief executive Dermot Nolan said: "I would like to thank Andrew Wright and Chris Poulton for their enormous contribution to Ofgem. I have appreciated their support during my time at Ofgem and wish them well in their future careers."

Ofgem will publish more details on the reorganisation in March ahead of it taking place in April.

DISCUSSION

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The winners of Ofgem's annual Network Innovation Competition (NIC) have been announced.

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A new awards programme has been launched to recognise the good work taking place across the UK's energy networks, their supply chains and stakeholders.

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The entry period for the 2019 Network Awards is coming to a close with just under a month left to submit your entries.