2021-116 Supplier Financial Stability Work

In instances where an energy supplier is exiting the market, Ofgem's priority is to ensure that consumers' interests are protected, including that their supplies of electricity and gas are not disrupted. Market exits can take the form of a commercial transaction between suppliers - one may buy the customer book of another for instance. They can also require direct regulatory intervention. Where this is the case Ofgem runs a competitive process to appoint an alternative supplier for customers of the failed supplier....