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Ofgem |
Also found in: Dictionary/thesaurus, Acronyms, Wikipedia, Hutchinson | 0.03 sec. |
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Ofgem in Britain Office of Gas and Electricity Markets: a government body formed in 1999 by the merger of the separate regulatory bodies for gas and electricity; its functions are to promote competition and protect consumers' interests How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| She began her career in 1977 in the Treasury and is possibly best known for her successful five-year tenure as Head of UK Gas Regulator Ofgas, a role she occupied from 1993 to 1998. The uncertain position of the demerged company, BG, continued following a Monopolies and Mergers Commission (MMC) referral by Ofgas in October 1996 after Transco (the gas transportation and storage arm of BG) was unable to agree a revised pricing formula with the regulator. |
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