Ofgem deals a tough hand

The draft determinations for gas and transmission networks proved Ofgem is serious about holding companies to account for their costs and investments. Ahead of official responses from the affected companies on Friday, Ted Hopcroft and Liz Parminter of PA Consulting discuss the regulator’s approach and how it compares to Ofwat’s in PR19, as well as looking at what distribution companies can learn for their business plans.

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