Labour reveals plan to switch off Ofgem

James S Murray
clock •

Opposition argues new energy regulator is needed with beefed up powers to tackle unfair price hikes

The Labour Party has revealed plans to scrap energy regulator Ofgem and replace it with a new watchdog with beefed up powers, capable of forcing energy companies to pass cuts in wholesale energy prices...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James S Murray
Author spotlight

James S Murray

View profile
More from James S Murray

IRENA: 'Electrification and renewables must accelerate dramatically'

'Investors are not abandoning sustainability': Three quarters of retail investors expect sustainability to inform decisions

More on Politics

Labour holds Holborn and St Pancras in blow to Greens
Politics

Labour holds Holborn and St Pancras in blow to Greens

Labour's Sagal Abdi-Wali secures comfortable victory in byelection, as Greens' Zack Polanski says he intends to remain as leader

James Murray
James Murray
clock 09 October 2026 • 4 min read
'We have set the stage': Pre-COP31 talks promise fresh push on electrification, resilience, and finance
Politics

'We have set the stage': Pre-COP31 talks promise fresh push on electrification, resilience, and finance

Pacific island nations call on governments to place limiting global warming to 1.5C, accelerating pace of electrification, conserving oceans, and boosting climate finance at heart of COP31 talks

Michael Holder
Michael Holder
clock 09 October 2026 • 9 min read
'Energy is growth': Kemi Badenoch touts plans for all-of-the-above energy strategy
Politics

'Energy is growth': Kemi Badenoch touts plans for all-of-the-above energy strategy

Conservative Party leader vows to back renewables, nuclear, and fossil fuel drilling, as she sets out vision for wave of tax cuts and bonfire of planning and environmental regulations

Michael Holder
Michael Holder
clock 07 October 2026 • 7 min read