Office of Gas and Electricity Markets

Office of Gas and Electricity Markets
Welsh: Swyddfa’r Marchnadoedd Nwy a Thrydan
Non-ministerial government department overview
Formed1 November 2000; 24 years ago (2000-11-01)
Preceding agencies
  • Office of Electricity Regulation
  • Office of Gas Supply
JurisdictionGreat Britain
Headquarters10 South Colonnade, Canary Wharf, London, E14
Employees1,187
Annual budgetFor 2015–2016 Parliament approved through the Main Estimate a gross resource budget of £89.5 million[1]
Minister responsible
Non-ministerial government department executive
Websiteofgem.gov.uk Edit this at Wikidata

The Office of Gas and Electricity Markets (Ofgem), supporting the Gas and Electricity Markets Authority (GEMA, the Ofgem Board [2]), is the government regulator for the electricity and downstream natural gas markets in Great Britain.[3] It was formed by the merger of the Office of Electricity Regulation (OFFER) and Office of Gas Supply (Ofgas).

  1. ^ Ofgem Annual Report 2015–2016 (PDF), Office of Gas and Electricity Markets, 15 June 2016, retrieved 15 December 2016
  2. ^ "Gas and Electricity Markets Authority" (webpage). Retrieved 29 March 2024.
  3. ^ "Our role and responsibilities". Ofgem. Retrieved 31 March 2022.