Challenges around RIIO2

In RIIO2 Ofgem aims to address its concern that the regulated networks sector is earning too much and delivering too little. It is fiercely focused on dealing with this problem but that brings a real risk that it will hold back the progress of the energy transition. That means there are a number of aspects of the RIIO2 decision that will require careful fine tuning to avoid unwelcome side effects.

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CCC report outlines measures needed to achieve climate targets

In a new report ‘UK housing: Fit for the future?‘ the CCC warns that the UK’s legally-binding climate change targets will not be met without the near-complete elimination of greenhouse gas emissions from UK buildings. The report finds that emissions reductions from the UK’s 29 million homes have stalled, while energy use in homes – which accounts for 14% of total UK emissions – increased between 2016 and 2017.

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