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Ofgem backs off from mid-period RIIO1 review

Ofgem has confirmed that it will not open a mid-period review (MPR) of the current set of electricity distribution price controls, closing the door on potential changes to the RIIO ED-1 framework.

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Network companies unite to set out a future of innovation

Energy network companies have unveiled plans to join forces and develop joint network innovation strategies across gas and electricity, with the latter seeking to create new opportunities in battery storage, renewable generation and other developing technologies.