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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; and the roles and responsibilities of those who are involved in implementation of that policy.
Ofgem (the independent energy regulator in Great Britain), and the Future System Operator, once established, will be required to have regard to the strategic priorities in the Strategy and Policy Statement when carrying out their functions. They must also carry out their respective regulatory functions in the manner which the Secretary of State or the Authority (as the case may be) considers is best calculated to further the delivery of the policy outcomes.
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