Rising wholesale energy prices and implications for the regulatory framework
Press release
Publication date
Industry sector
Supply and Retail Market
The unprecedented and unexpected rise in gas and electricity prices over recent months has put energy markets under severe strain. We have been working with the government, the energy industry, and consumer bodies to manage the situation, protecting consumers during this challenging time.
This publication sets out the steps Ofgem is taking in order to protect the short and long term interests of consumers.