Open letter on transitioning to a supervisory approach to the financial resilience of energy suppliers
Correspondence and other
- Publication date
Ofgem has been implementing a package of measures to build the capitalisation of the sector, enhance its resilience to external shocks and put the retail market on a solid foundation to deliver innovation, high standards and consumer outcomes. This open letter sets out how Ofgem will deploy a new supervisory approach to the financial resilience of energy suppliers to understand and mitigate potential issues.