Ofgem sets ‘tough but fair’ ground rules for RIIO-ED2
Ofgem has laid out the underlying framework for the RIIO-ED2 price control period for electricity, ahead of further consultation from the regulator next year to define the specific methodologies.
SSEN projects £2.4bn investment in RIIO-T2 plan
SSEN Transmission, responsible for the north of Scotland electricity transmission system, has submitted its RIIO-T2 business plan to energy regulator Ofgem, with a plan to invest £2.4bn.
£1.4bn spending plan unveiled by SP Energy Networks for RIIO2
SP Energy Networks has set out plans to spend £1.4 billion on its transmission network between 2021 and 2026.
Ofgem confirms RIIO2 price control methodology
Ofgem has confirmed plans to almost slash in half the returns that energy networks can make.
Investing in the energy decarbonisation transformation benefits consumers
National Grid's head of regulatory finance, Darren Pettifer, says that Ofgem's plans to slash in half the returns that energy networks can earn could put at risk a once in a generation opportunity to transform the energy system, and prevent longer-term benefits to consumers.
Citizens Advice urges Ofgem to tackle network debt costs
Citizens Advice has urged Ofgem to take action against two unnamed network companies to enable the regulator to lower the allowances for the cost of debt under the RIIO framework.
Ofgem toughens up on energy network returns
Ofgem has published plans to slash in half the returns that energy networks can make.
Consumer coalition sets out RIIO2 vulnerability proposals
A coalition of consumer organisations has outlined how Ofgem can deliver on its commitment to improve protections for consumers in vulnerable circumstances in the RIIO2 price controls.
Independent panel set up to challenge networks business plans
Ofgem has established an independent panel which will challenge the business plans developed by the energy network companies for the next price controls which will start from 2021.
Ofgem considering funding adjustment requests
Ofgem is consulting on requests by network companies for adjustments to funding under the current price controls.
Ofgem’s RIIO2 price controls move a step closer
Ofgem has confirmed that the default length of the next price controls will be five years with the energy regulator's plans to deliver savings of over £5 billion to consumers moving a step closer.
Utility Week Live: Brearley provides update on RIIO2
Jonathan Brearley, senior partner networks at Ofgem, provided an update on its proposals for a new regulatory framework at Utility Week Live earlier this week.
Citizens Advice calls on networks to return “unjustified profits”
Households across the UK are footing the bill for billions of pounds in excess profits made by electricity distribution companies, according to analysis by Citizens Advice.
Ofgem decides against mid-period review for networks price control
Ofgem has announced that it will not be launching a mid-period review (MPR) into the way the price control system for local electricity networks is working.
New regulatory framework proposed by Ofgem
Companies responsible for the country's gas and electricity networks could have the amount of money they can return to their shareholders cut, under plans outlined by Britain's energy regulator Ofgem.
Policy & Regulation
Next RIIO cycle will be shorter, predicts UKPN boss
"On balance, I would predict that ED2 will be somewhat shorter than ED1," the chief executive of UK Power Networks (UKPN) has said.
Flexible price controls needed for uncertain future
The RIIO2 price controls must be flexible enough to allow networks to adapt to an uncertain future, speakers at Utility Week Live have argued.
Stakeholders are the ‘missing part’ of RIIO
Stakeholders are the "missing part" of the RIIO settlement process, according the head of network regulation at British Gas.