Ofgem: Conflict of Interests

Department for Energy Security and Net Zero written question – answered at on 21 September 2023.

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Photo of John Cryer John Cryer Labour, Leyton and Wanstead

To ask the Secretary of State for Energy Security and Net Zero, whether his Department plans to investigate whether the former Director of Retail at Ofgem accurately declared conflicts of interest during his tenure at Ofgem in the context of reports that his wife held shares in an energy provider; and if he will make an assessment of the potential impact of that reported conflict of interest on the effectiveness of Ofgem’s regulatory policy and decision-making.

Photo of Amanda Solloway Amanda Solloway Government Whip, Lord Commissioner of HM Treasury, Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)

Ofgem is a non-Ministerial Government Department and independent regulator. It is directly accountable to Parliament for the performance of its functions, therefore, the Department for Energy Security and Net Zero has no authority to investigate Ofgem’s activities.

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