Small energy generators have accused the ‘Big Six’ UK utilities of attempting to influence the energy market in their favour.
UK energy regulator Ofgem today published plans to “break the stranglehold” of the ‘Big Six’ utilities that control the lion’s share of the British electricity market.
UK energy regulator Ofgem has today unveiled new rules for the way Britain’s ‘Big Six’ utilities must trade electricity.
An 18-month investigation into the UK’s energy market has confirmed consumers were overcharged a total of £1.7bn but not recommended splitting the country’s ‘Big Six’ utilities as a remedy to failings in the market.
UK energy regulator Ofgem has come under fire for allowing a “lack of transparency about energy company profits” to thrive among Britain’s major power generators.