Energy Networks Association

Keeping regulatory certainty

At the end of April this year, Ofgem announced that it will not be launching a mid-period review into the current RIIO1 price control system regulating UK electricity networks. Their conclusion was that RIIO1 was working as intended and they had not identified any issues within the current price control system. They also mentioned that they are happy with preparations by energy networks in specific areas including electric vehicles, cyber security, new European laws and storm resilience. DNOs have committed to using existing allowances of over £600m to drive innovation further into a smarter, more flexible energy system. This helps ensure the energy networks are being more proactive and flexible in meeting demands of newer technologies and services to customers.

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Innovation for the nation

The electricity and gas networks are no longer the hidden heroes of the energy industry. Over the last few years they have been steadily improving their service for the public – delivering lower cost and more reliable power and gas than ever before. Power cuts are fewer and shorter while the gas network is so reliable that the probability of an unplanned supply interruption is once every 140 years.

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