Nolan: Ofgem needs government guidance ahead of ED2

Ofgem’s former chief executive has said the regulator needs statutory guidance on how its core objectives should reflect the net-zero journey before it assesses DNOs’ business plans for the next five years. Speaking to Utility Week, Dermot Nolan also expressed regrets about Ofgem’s approach to the energy retail market and why it was “painful” to see what had happened to the price cap.

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