Has the CMA been handed a chance to compromise?

Ofgem's decision to shift on cost of capital in its final determinations for RIIO2 could be seen to have weakened Ofwat's position in convincing the Competition & Markets Authority to back its original position on returns. Alternatively, it could provide the ideal opportunity for compromise. Ruth Williams looks at the options.

Standard content for Members only

To continue reading this article, please log into your Utility Week Account or subscribe now.

Already registered?

Log in
Close
Close

Request a call back