UK competition probe will 'rebuild trust' says EDF Energy chief

Ofgem proposal to refer energy market to CMA supported by utility head

The Sizewell-B station
The Sizewell B nuclear power station near Leiston, UK

Vincent de Rivaz, the chief executive of EDF Energy, the UK arm of French electricity giant EDF, expressed his support for a full-scale investigation into the country's energy market on June 10.

“I welcome the proposal for a full Competition and Markets Authority (CMA) investigation into the UK energy market,” he said, speaking at a conference in London hosted by The Economist. “We need this process to clear the air and rebuild trust.”

His language echoes that of the UK Office of Gas and Electri