David Gray has been named as the preferred candidate to become the next chair of Ofgem, reports Utility Week. 

Ofgem will appoint its former senior manager, Gray, on 1 October, subject to approval by energy secretary Ed Davey.

On being named, Gray said: “The next few years will be crucial for energy regulation and I very much look forward to working with Ofgem’s excellent staff to help it promote quality and value for all consumers while continuing to play a full role in helping to build a low carbon energy sector and maintaining security of supply.”

Energy secretary Ed Davey said: “David has an excellent track record in economic regulation, including a previous role on Ofgem’s senior team, and also has extensive and invaluable experience of the energy sector.”

Read more on this story at Utility Week

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