Josephine
Lord

Consultant

Phone: +44 (0) 1603 604400
Email: j.lord@cornwall-insight.com

Josephine is a member of the Regulation team with over twenty years’ experience in the energy sector. Her main focus is contributing on regulatory issues to Cornwall Insight publications – including Energy Spectrum, Energy Spectrum Ireland and Energy 2030 – as well as preparing Alerts, which enable customers to understand important regulatory changes and their implications.

While covering a range of issues, she has particular interests in network charging, industry code governance, price controls, system operation, generator requirements and trading arrangements design.

Latest thinking

Home supply and services

“Green” tariffs in the spotlight as BEIS commences review

With the announcement on 16 August of a call for evidence on Designing a Framework for Transparency of Carbon Content in Energy Products, consultant Josephine Lord looks at the issues being considered and what the future may hold for so-called “green” tariffs. The call for evidence is the first step...

Regulation and policy

Electricity transmission charging reform – overtaken by changing priorities?

Charging for the transmission network is never out of the development process for long. From major reviews, such as that initiated under Project Transmit in 2010, to significant reforms such as removing the triad benefit from distributed generation in 2018, and a host of smaller developments, change seems the only...

Regulation and policy

Ofgem “hands-on” in RIIO-2 as net zero route unfolds

During the next round of the RIIO price controls, Ofgem can be expected to take a more hands-on approach to outputs the networks are required to provide and the allowed revenues they can charge their users or consumers. This will have impacts for network development including the enabling of electric...

Regulation and policy

Targeted Charging Review residual network charges – some remainders

While Ofgem has ruled on the arrangements that will apply to distribution use of system (DUoS) charges from 1 April 2022 following the regulator’s Targeted Charging Review (TCR) Significant Code Review (SCR) decision last November, it has still to determine a series of CUSC modifications that aim to put in...

Regulation and policy

Ofgem faces RIIO-2 balancing act for net zero

The regulator recently issued the draft determinations for the RIIO-2 price control for the transmission and gas distribution networks and the electricity system operator (ESO). These price controls will run for five years from April 2021. Shortly after, it also set out the next stage of detail – the “sector...

Regulation and policy

Industry codes flex for COVID-19

In response to the growing impacts of the pandemic, which has seen electricity demand drop dramatically and industry participants unable to go about many of their usual activities, a series of temporary changes have been introduced across industry codes to mitigate some of the most severe effects. They have all...

Commercial and market outlook

Editor’s Pick | Ofgem delays Transmission Demand Residual change to 2022

The regulator has accepted a request by National Grid ESO (NGESO) to replace the current CUSC proposal to implement the Targeted Charging Review (TCR) decision for a fixed residual transmission network use of system (TNUoS). A new implementation date of 1 April 2022 will replace 1 April 2021. NGESO submitted...

Regulation and policy

Are IDNOs margins about to be squeezed?

Earlier this month, voting closed on a potential rule change that could have important consequences for the network charges faced by electricity Licenced Distribution Network Operators (LDNOs), including independent network operators (IDNOs). DCUSA proposal DCP266 The Calculation and Application of IDNO Discounts was raised by British Gas in March 2016...