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Consultation Response, Review of Ofgem

To achieve the CP30 targets and beyond, it is essential to have a regulator that is efficient, fair, and transparent. Ofgem’s role in shaping the long-term energy transition is pivotal, and its approach must evolve to reflect the urgent need to scale up clean power. The regulator must go beyond simply overseeing existing processes and instead actively drive change to build a grid that supports rapid deployment of renewable energy. By providing clearer investment signals, adopting a flexible regulatory framework, and committing to the enforcement of net-zero goals, Ofgem can help the energy sector flourish, driving long-term benefits for the wider economy. By eliminating unnecessary barriers, incentivising proactive grid investment, and ensuring policy stability, Ofgem can play a key role in fostering higher economic growth while also meeting the UK’s clean energy targets.

One urgent change Ofgem must address is fully embracing its net-zero mandate. At present, there is an artificial divide between accelerating renewable energy deployment and managing consumer costs. Ofgem must proactively enable the energy transition by holding network operators accountable and revising the 2035 Clean Power figures. In the case of residential solar, it is also essential that Ofgem collaborates with MCS in developing policies related to consumer protections. We expand on this point further in our response below.