Energy networks

Ofgem has proposed to penalise gas and electricity networks by more than £140 million based on the poor cost and quality of their business plans for the RIIO2 price controls. Director of network price controls Akshay Kaul said their failure to provide sufficient detail and clarity contributed to the regulator’s decision to disallow £8.4 billion of requested expenditure.

By Tom Grimwood

Latest News

Please log into your Utility Week account or register to access a sample of our content

Create an account to access a limited selection of content and a weekly newsletter

Editor's picks

See the latest editor picks for this week

Upcoming events

See the upcoming events for this month

Featured content

Close
Close

Request a call back