TITLE

Ofgem gets tough on liquidity

PUB. DATE
March 2010
SOURCE
Utility Week;3/5/2010, Vol. 32 Issue 8, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the move of the British Office of Gas and Electricity Markets (Ofgem) to give the electric industry a year to sort its liquidity problem by itself, or the agency will impose a solution for the problem. The low liquidity of many small firms are said to be the reason why they cannot enter the nation's electricity supply market. The options of Ofgem for an imposed solution include a supplier obligation, a market-making agent, mandatory auctions, and self-supply restrictions.
ACCESSION #
48793897

 

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