The generation game

13 September 2012
As the director-general of Ofgem, Callum McCarthy is used to refereeing squabbles in the utilities sector. But, he tells David Arminas, he stands his ground when the energy regulator’s decisions come under attack

Snatched from Barclays by the then secretary of state for trade and industry Peter Mandelson, Callum McCarthy was appointed director-general of energy regulator Ofgem in September 1998. He was to be the energy supremo, combining the two jobs of regulating the gas and electricity sectors.

Taking on the former public utilities was going to be no mean task. At his...

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