Ofgem’s Future Insights paper 1 - Overview paper
- Supply and Retail Market
- Distribution Network
- Offshore Transmission Network
- Transmission Network
- Generation and Wholesale Market
- Domestic RHI
- Non-Domestic RHI
In Spring 2016, Ofgem instigated the Insights for Future Regulation (IFR) project to help us determine how, in the face of significant uncertainty, we can best perform our primary duty to protect the interests of current and future consumers.
Over the summer we worked with stakeholders to explore a focal question: “What are the drivers of energy system and market change that have the most material impacts on consumers and implications for regulation?”
This paper is the first in our series of ”Future Insights” publications and provides an overview of the possible implications for consumers and regulation from changes in the energy system. Future papers will consider particular issues in more depth, such as the decarbonisation of heat and the prospects for local energy systems.
In this paper, we outline emerging thinking on the types of changes we may see in the energy sector and the potential challenges for Ofgem. The views expressed in this paper do not represent established Ofgem or Gas and Electricity Market Authority positions.