Ofgem chief to stay on for five more years

Ofgem chief executive Jonathan Brearley has had his appointment extended for another five years.

The regulator’s chairman Mark McAllister said Brearley had led the organisation through “unprecedented challenges” including the fallout from Covid-19, energy market turbulence and the price shock following Putin’s invasion of Ukraine. 

“He and his senior team have shown great dedication in stepping up to meet these challenges, whilst establishing the foundations required to create a clean power electricity system to get us to net zero by 2050 - the biggest ever transformation of the energy industry.”

Brearley said he was excited by the challenges of the next five years.

“Ofgem plays a pivotal role in delivering a low carbon future for the country and I am both committed and motivated to lead us through this, alongside a strong board and leadership team.”