Our challenge is to deliver energy transition at least cost: Ofgem’s Jonathan Brearley
Whatever political choices are made, strategically it is very clear we need to move to a different system that manages risks in the best interests of consumers. We need to invest now to build out a system that’s secure, affordable, and fit for the future – and Ofgem can help deliver this at least cost. Yes that means investment in the short term… but that investment is the best way to ensure our energy security and greater stability for bills over the medium and long term. It’s a big challenge, but it’s one I believe we can meet.
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