Just announced by the government. Ofgem CEO Jonathan Brearley is on excellent terms with Miliband – they are friends from the last Labour government…
The move will embolden Miliband in his clean energy disaster run. It now also ruins the Ofgem review, whose aim is to “revisiting the role of the regulator to ensure that it can support an energy market where innovation and high standards help drive better products and services for consumers, giving them more options to make choices more suitable for their circumstances.“ The review is run by DESNZ, which will now be headed up by the man who ran Ofgem since 2021…
Bearley is not rated by everyone in government, either. A DESNZ source said: “It was his f**k up in not investing in stuff that has made bills go up.” Fail upwards…
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