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ofgem
14
Jan

Ofgem to review the way they reward supply licences and financial requirements on energy suppliers

Ofgem are to review the way they reward supply licences and financial requirements on energy suppliers this year. Following calls for businesses to undergo stricter financial stress tests. The Chief Executive of Ofgem, Dermot Nolan said that there had been a lot of focus on the energy sectors financial stability due to an increase in suppliers, many of which are only small. He said, "We have had many representations from…

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