First year usually based location
Millbank, London
Head office location
Millbank, London
Disciplines accepted
any numerate or analytical discipline (undergraduate or postgraduate)
How to apply
visit
and click on Careers
University events list
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Who We Are
Ofgem is the regulator of the UK's gas and
electricity industries which occupy a central
position in the UK economy, contributing
substantially to GDP, and have been valued
at close to £100 billion. They provide
essential services for domestic industrial and
commercial gas and electricity customers.
Ofgem's principal objective is to protect the
interests of consumers, present and future,
wherever appropriate by promoting effective
competition.
Our People
We employ around 300 staff, the majority
of whom are based at our head office in
Westminster. We also have a small office in
Glasgow.
Together we have created a successful
organisation that takes great pride in its work.
We believe in and operate on the basis of four
core values: transparency, professionalism,
respect and integrity.
Our Work
Our work is divided into four distinct areas:
Markets - Trading Arrangements monitor
and develop the conditions for transparent
efficient trading and effective competition
in the wholesale & retail gas & electricity
markets and consider the impact of distrusted
energy and competition in metering.
European Strategy & Environment seek to
promote the development of European energy
policies in ways which maximise consumer
benefit through competition. ESE seek to
ensure that environmental impacts, such as
carbon reduction, sustainable energy supplies
and energy efficiency, are fully integrated
into all Ofgem's policies.
Networks - Transmission and Distribution
set price controls on transmission and
distribution companies, adopting incentive
based regulation and using an RPI-X formula.
The approach considers efficiency, reliability,
safety and quality of service and innovation
funding to encourage research & development
investment in new technology.
RPI-20 has undertaken a two year review
of the RPI-X formula of price control to
ascertain whether it is still fit for purpose and
flexible enough to respond to the investment
challenges facing the network companies
after 20 years of operation.
Corporate Affairs - Governance, Consumer
& Social Affairs engage with the priorities of
domestic customers, developing the social
action strategy to protect the interests of
vulnerable customers and ensure fair access
to choices in the competitive market. They
also provide the interface with Consumer
Focus (formerly energywatch), dealing with
individual consumer complaints when these
are escalated.
Industry Codes and Licensing maintain
the various industry codes and charging
methodology governance procedures, along
with the licenses under which electricity and
gas companies operate, and take any action
deemed necessary if they do not comply.
Communications are responsible for all
Ofgem's corporate communications and
press activity.
Operations and Regulatory Services -
Sitting alongside Operations - HR,
Finance, Procurement and Information
Management - Regulatory Services deals
with the administration of environmental
programmes and the offshore transmission
programme. Ofgem administers a number
of environmental programmes on behalf
of other government departments as part of
the climate change programme. Ofgem is
also implementing an offshore electricity
transmission licensing and regulatory regime
and will run competitive tendering processes
to select offshore transmission owners who
will be licensed to design, build, finance and
maintain the transmission networks required
to connect each offshore generator.
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