Draft: Strategy and policy
statement for energy policy in Great Britain
Details
The Strategy and Policy Statement is developed in accordance with
the Energy Act 2013 and sets out:
- the government’s strategic priorities and other main
considerations of its energy policy
- the policy outcomes to be achieved as a result of the
implementation of that policy
- the roles and responsibilities of those who are involved in
implementation of that policy
Ofgem (the independent energy regulator in Great Britain), the
Secretary of State and, once established, the National Energy
System Operator (referred to as Independent System Operator and
Planner in the Energy Act 2023) will be required to have regard
to the strategic priorities in the Strategy and Policy Statement
when carrying out their functions.
The Secretary of State and Ofgem must also carry out their
respective regulatory functions in the manner which the Secretary
of State or Ofgem (as the case may be) considers is best
calculated to further the delivery of the policy outcomes.
The draft Strategy and Policy Statement was laid in Parliament on
21 February 2024. Following approval from Parliament, the
Secretary of State for Energy Security and Net Zero will
designate the Strategy and Policy Statement, at which point the
document will be in force
The responses to our 2023 consultation on the
Statement informed the development of this Strategy and
Policy Statement.
