RIIO2

All the latest news and reaction on the next price controls for energy networks

Editor's picks

All eight of the gas and transmission networks are appealing Ofgem’s final determinations for RIIO2. But, what arguments have they put forward and what are their chances of success? Former Ofgem executive Maxine Frerk summarises the points raised and the challenges they pose for the Competition & Markets Authority (CMA).
Opinion
All eight of the electricity and gas transmission and gas distribution networks have now confirmed they are seeking appeals from the Competition and Markets Authority (CMA) of Ofgem’s final determinations on their RIIO2 business plans for 2021 to 2026. The only company to accept its final determination in full is National Grid Electricity System Operator.
News
As part of our Countdown to COP series, Utility Week speaks to Charles Tsai, chief executive of Power Assets Holdings, which together with sister company CKI Infrastructure owns Northern Gas Networks, UK Power Networks and Wales & West Utilities. He discusses the need for a clear investment mechanism to unleash the funding required to reach net zero and for the UK government to make commitments on decarbonisation of heat and transport.
News

Latest in RIIO2

In her latest column exclusively for Utility Week members, Maxine Frerk delves into the Ofgem Challenge Group reports on the business plans of the electricity distribution network operators. They assess the networks' strategies around distribution system operation, vulnerability and emissions reductions.
Analysis
Nick Tavernor joined Cadent towards the end of 2019 as its first site husbandry supervisor. His job is to ensure safety and operational capability can co-exist in harmony with the flora and fauna also found at each of its sites. He explains more here.
Comment
A webinar bringing together UKPN’s Suleman Alli, Cadent’s David Moon and National Grid’s Katie Tattersall to explore the ways in which project management and capital delivery teams are responding to huge increases in the scale and speed at which new infrastructure will need to be delivered in the RIIO2 period, all while driving down cost.
Webinars
Cadent Foundation director Julia Dwyer sets out a model for maximising the impact of innovation targeted at tackling fuel poverty. Partnership, flexibility and an ability to look beyond regulated needs codes are its key hallmarks.
Comment
The Competition & Markets Authority (CMA) will publish a summary of its responses to the eight appeals against the RIIO2 price controls for gas and transmission networks next week. The appeals centre around the cost of capital and the outperformance wedge.
News
UK Power Networks’ (UKPN) chief executive has stressed that distribution network operators must spend “only what is necessary, not what is allowed” over the next five-year price control period. Basil Scarsella spoke to Utility Week about the network's ED2 business plan, his vision for an independent distribution system operator and why UKPN aims to become a “disruptor”.
News
A senior figure at Northern Powergrid has said the company is being “careful” not to “overpay” for flexibility and suggested some distribution network operators (DNOs) may be procuring more than they actually need “just to have a high number”. Discussing the company’s draft business plan for the RIIO2 price controls, policy and markets director Patrick Erwin said it is also refraining from creating separate body to perform its distribution system operator (DSO) functions, describing this as an “artificial distinction”.
News
Northern Powergrid has urged Ofgem to return to a shorter asset life for new investments by electricity distribution networks to ensure intergenerational equality and prevent a future rise in energy bills. Speaking to Utility Week following the publication of its draft business plan for the RIIO ED2 price controls, the company’s policy and markets director Patrick Erwin also accused the regulator of becoming “politicised” and “behaving in a way that could be trying to get the right headline rather than the right outcome.” He insisted "the jury's out" on the leadership of Ofgem.
News
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