PARLIAMENTARY WRITTEN QUESTION
(13 July 2026)
Question Asked
Asked by:
Torcuil Crichton (Labour)
Answer
While the Secretary of State is the sole shareholder of NESO, NESO is operationally independent of Government. Ofgem is the independent regulator of NESO and is responsible for approving its business plan, ensuring cost efficiency and driving high performance. As such, the Secretary of State has made no assessment specifically relating to resolution procedures.
Answered by:
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