Part 7: Market Reform and Consumer Protection Section 202: Principal objectives of Secretary of State and GEMA
Section 202 amends the existing duties of the Gas and Electricity Markets Authority (GEMA) (the governing body of Ofgem) by including reference to the net zero targets in the Climate Change Act 2008. This will require the regulator to consider how their decisions may assist the Secretary of State in meeting the government’s net zero targets.