Cathryn Ross, the former head of Ofwat, has been named the head of the newly formed regulation advisory council to boost innovation in the UK.
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regulation reform
Latest in regulation reform
Three decades of regulation and price reviews has brought the sector to a point where companies feel squeezed more than ever. Is the regulator tightening its grip after showing leniency for too long? Industry sources talk to Utility Week about how this point was reached.
Analysis
The Ofwat chief executive discusses options to compel companies to embed social values in their business, including differentiated price control processes for firms with good track records and reputational incentives for those failing to act quickly.
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Energy suppliers are anticipating Ofgem will cut the price cap when it is reviewed next week, but by how much is it predicted to fall? Utility Week spoke to industry experts, including Eon's Michael Lewis about their views on the cap and where they see it moving next.
Analysis
The Labour party’s energy spokesman, Alan Whitehead, told the House of Commons launch of the new report, "ReDesigning Regulation: Powering from the Future", that current regulatory arrangements look "very creaky and outdated" given the rapid changes that the industry is undergoing.
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