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"Energy regulation, market intervention: what’s it all about?” A supplier’s view

  • 2017-09-28 10:10:19
  • Junior Isles

Doug Stewart, Chief Executive of Green Energy UK

When five former energy regulators, including Professor Stephen Littlechild, and the electricity regulator for the 10 years post-privatisation, are questioning the regulation of the energy market (as they did in 2015 as part of the CMA Inquiry), I tend to listen and take stock. Littlechild & Co said it was time to dial-down the level of regulation in the UK energy sector.  Whereas there’s a body of opinion, among consumer groups, some politicans and sections of the press who would suggest that even more regulation is required. In my world, I’d call it intervention.