Ofgem: Conflict of Interests

(asked on 13th September 2023) - View Source

Question to the Department for Energy Security & Net Zero:

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.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 21st September 2023

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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