Office of Gas and Electricity Markets
Encyclopedia : O : OF : OFF : Office of Gas and Electricity Markets
The Office of Gas and Electricity Markets (Ofgem), working for the Gas and Electricity Markets Authority (GEMA), is the government regulator for the electricity and downstream natural gas markets in Great Britain. It was formed by the merger of the Office of Electricity Regulation (OFFER) and Office of Gas Supply (Ofgas). Its primary duty is to “promote choice and value for all gas and electricity customers".
Its main powers derive from the Gas Act 1986, the Electricity Act 1989, the Competition Act 1998, the Utilities Act 2000, the Enterprise Act 2002 and the Energy Act 2004.
See also
- Electricity market
- Energy policy of the United Kingdom
- Energy use and conservation in the United Kingdom
External link
- [Ofgem]
From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.