The Office of Gas and Electricity Markets (Ofgem) published the 2019 report for the UK’s State of the Energy Market earlier this month, on 3rd October. It was generated to provide a transparent analysis of the current condition of energy markets, which includes the wholesale and retail sectors.
Ofgem is a name that is synonymous with the UK energy sector. Ofgem is responsible for promoting healthy competition in the energy market, setting standards, ensuring better prices for commercial and domestic energy products and services. The regulatory body also monitors other areas such as green gas supply, energy independence, and renewable energy