With Ofgem’s proposed cap on cost of capital under RIIO-T2 price controls, UK transmission network operators will be challenged to rethink how they deliver capital programmes. Burns & McDonnell’s Jeff Casey and Jonathan Chapman discuss how harnessing the expertise within the engineering-construction sector will be critical to their success.
The Energy Networks Association’s (ENA) Open Networks project has published its blueprint for a future Internet of Energy in the UK, seeking out the most desirable ‘Future World’ of electricity distribution and transmission.
The UK’s transmission system operator National Grid has said it is “well positioned” for the energy transition as it embraces a £127 million restructuring programme.
The Labour Party has reaffirmed its commitment to renationalise the UK’s transmission and distribution networks in a bid to support the energy transition.
Ofgem has published its update on its next set of RIIO price controls, with the immediate headline to take that the regulator has deferred a final decision on appropriate returns until December. But there are a number of interesting points within the 120-page document that are sure to get the networks sector talking.
Energy regulator Ofgem has deferred its decision on the cost of equity range for energy networks in the forthcoming RIIO-2 framework until December, but has unveiled a raft of decisions as its new framework begins to take shape.
National Grid has hit out at Ofgem’s proposals on grid works required for Hinkley Point C, warning they could harm investment in UK energy infrastructure.
The Department for Business, Energy and Industrial Strategy has launched a new call for evidence (CfE) over the cost of energy on the back of recommendations put forward in the Helm review.
National Grid must create a legally separate company to conduct its system operator (SO) duties and have it running by April 2019, Ofgem has said.