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Board of the Gas and Electricity Markets Authority

Volume 496: debated on Thursday 16 July 2009

To ask the Secretary of State for Energy and Climate Change how the performance of the Board of the Gas and Electricity Markets Authority in meeting its first priority to consumers is measured. (286256)

The Gas and Electricity Markets Authority (the authority) and its executive arm, Ofgem, have a primary duty to protect the interests of existing and future consumers.

The authority is an independent economic regulator and is accountable to Parliament rather than to the Government. The Government nonetheless works closely with the authority and Ofgem in order to assess the operation of the market and outcomes for consumers, while respecting the regulator's independence.