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The future of regulation - Q&A Session

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Event
  • Session
  • Tuesday, 21 May 2019
  • 12:21 - 12:21
  • Duration: 19 mins
  • Publication date: 13 Jun 2019
  • Location: Customer Solutions, NEC
  • Part of event Utility Week 2019

About the session

The Energy Price Cap Six months in: Understanding the Impact

Chair: Suzanne Heneghan, acting editor, Utility Week

The long anticipated price cap came into effect on 1st January 2019 – a historic market intervention, initially capping typical standard variable tariffs for dual-fuel customers at £1,137.  How have energy companies fared and how have customers responded in the first six months – what have been the impacts, challenges and unintended consequences; what has it done for customer engagement and switching; and has it tackled the market issues it was created to address? 

Keywords:
  • cyber security
  • digital
  • electricity
  • power
  • smart infrastructure
  • smart meter
  • utilities

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IT

IT

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Speakers

  • SH

    Suzanne Heneghan

    Utility Week, Acting Editor

    Suzanne is Acting Editor at Utility Week, overseeing its daily news, features and campaign coverage online and in print, and developing the content and digital agenda for core Utility Week issues.A former UK regional newspaper editor, Suzanne has more than 20 years’ experience in journalism across a range of publications and roles, including digital. She is also a Chartered Institute of Marketing professional. Key industry interests include energy policy, business strategy, the energy retail market, smart technology and water
  • Laura Sandys

    Laura Sandys

    Energy Data Task Force, Chief Executive, Challenging Ideas and Chair

  • Neil Barnes

    Neil Barnes

    Ofgem, Deputy Director, Future Retail Markets

    Neil Barnes is Deputy Director, Future Retail Markets. He is responsible for future retail market design – exploring how the current ‘supplier hub’ market model might need to change to be fit for purpose as the market evolves.Neil has worked at Ofgem for over ten years. He previously established Ofgem’s behavioural insight unit and oversaw the first large-scale trials to identify ways to prompt greater consumer engagement in the retail energy market. Prior to that, he was responsible for the monitoring of GB retail energy markets and overseeing Ofgem’s move to rely more on principles in the way it regulates energy suppliers.Prior to joining Ofgem in 2008, Neil worked for ten years at HM Treasury as a senior economic adviser. He worked on a range of policy areas including competition, energy and financial services. During this period, he also spent time on secondment to the European Commission’s Competition Directorate General.
  • Sarah Hayes

    Sarah Hayes

    National Infrastructure Commission, Project Director, Regulation

    Sarah is an economist with 20 years experience of working across infrastructure sectors in Europe, Africa and the Caribbean. Sarah worked with PricewaterhouseCoopers based in London and Tanzania focused on privatisation deals from 1998-2004. She returned to London to complete a Masters in economic regulation and competition policy and then worked with Orange France Telecom Group from 2006-2010 focused on mobile regulation across Orange subsidiaries worldwide.In 2010, Sarah moved to the British Virgin Islands in the Caribbean to set up a framework for economic regulation of the telecommunications sector and once that was established she returned to the UK to work for the National Infrastructure Commission in late 2016. She led the study which published the report, “Data for the public good” promoting the benefits of sharing data and setting out the vision for a national digital twin. She is currently leading the NIC study on regulation looking at the need for regulatory change across telecoms, energy and water.
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