Correspondence

Amendments to the Ownership Unbundling Provisions of The Electricity Act 1989 and Gas Act 1989

Call for comments on amending the current GB ownership unbundling provisions which prescribe the circumstances in which transmission companies may also have interests in production or supply.

Documents

Call for comments regarding the proposed amendments to the Ownership Unbundling Provisions of the Electricity Act 1989 and Gas Act 1986

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Draft regulations: The Electricity and Gas (Ownership Unbundling) Regulations 2015

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Detail

The government wrote to Ofgem on 17 July 2014 regarding its intentions to consult on amending the current GB ownership unbundling provisions which prescribe the circumstances in which transmission companies may also have interests in production or supply. This government wants to see an energy market that delivers the investment we need to meet our objectives and support economic growth and has the confidence of market participants. We have now issued a call for comments seeking views from interested stakeholders on the draft regulations to amend the ownership unbundling provisions of the Electricity Act 1989 and Gas Act 1986 to introduce further flexibility and to give Ofgem greater discretion in its consideration of certification cases that do not present risk of any harmful outcome.