Utilities have little faith in current regulation

Confidence in the various regulatory approaches is not high – 4.8 out of ten on average. This is according to The Disruption and Regulation Report, released in conjunction with Utility Week Live.

The exclusive research behind the report, which was carried out by an independent market research agency on behalf of Utility Week Live, also found there is (marginally) more confidence in the RIIO regime (5.2 out of 10) to accommodate the scale of change facing networks in the next five to ten years, than there is in the PR19 framework (4.8 out of 10) to accommodate the scale of change facing water companies in the time period to 2025.

At Utility Week Live 2018 (22-23 May), disruption is the headline theme. Held at the NEC in Birmingham, the exhibition and seminar sessions will gather industry intelligence and spark debate on themes including the IoT and other game-changing technologies, utilities innovation and new solutions to serve customer interests and opportunities for applying new, collaborative ways of working in the sector in key areas such as streetworks.

Regulatory change will sit at the core of the disruption debate and insight at the event, as well as in the build up to it. In the third of a five-part series detailing the responses of more than 700 utilities executives to a disruption survey, The Disruption and Regulation Report also lists the top five ways in which respondents believe regulatory disruption is manifesting in the sector.

Want to find out the top five ways regulation is manifesting in the sector? The Disruption and Regulation Report is available to view in full here, alongside two other exclusive disruption-based reports, The Disruptive Technologies Report, which reveals the top ten technologies our survey respondents believe will most disrupt utilities in the next five to ten years; and The Disruptive Companies Report, which reveals the businesses our survey respondents believe will most disrupt utilities in the same time period.

To find out more about this year’s Utility Week Live and to book a place click here.