- Generation and Wholesale Market
- Transmission Network
- Supply and Retail Market
The purpose of this research is to increase Ofgem’s understanding of what drives comparatively high GB electricity prices for EIIs and to place them in wider context by comparing with selected European countries. This paper sets out the results of the research, led by the Office for Research and Economics (ORE). The ORE is a central team within Ofgem, separate to policy teams, and part of its role is to carry out research, analytical work and quality assurance on behalf of the organisation.