Info!
UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.

Ofgem launches annual ‘State of the Market’ report

In March 2014, Ofgem referred the energy market to the Competition and Markets Authority (CMA), because they assessed that it was not working as well as it could. This State of the Market Report is Ofgem’s first annual assessment of Great Britain’s energy markets since the CMA concluded its investigation in June 2016.

The report follows on from previous Wholesale Energy Markets in 2016 and Retail Energy Markets in 2016 monitoring reports. It brings together analysis published by us and others, and includes new analysis that provides further insights on some of the key issues. The report focuses on energy markets and does not assess the state of energy networks.

It has four chapters, which cover the outcomes that Ofgem expects the market to deliver for consumers: lower bills, better social outcomes, lower environmental impacts, and improved reliability and safety.

You can view a summary of the report on OFGEM.GOV.UK

Policy milestone details

Start date: 2017-10-31

Keywords: Security of supply - Competition - energy markets - Affordability - decarbonisation

Countries: UK -

Milestone source: View PDF on OFGEM.GOV.UK

Milestone type: Reports and statistics

Sector: Energy demand and use -

Organisation: Ofgem

Subjects: Energy consumption, Electricity, Oil and gas, Energy policy, Competition, Energy, Decarbonisation, Energy markets, Affordability, Security of supply