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Energy Spectrum

Issue 744

RIIO-2: the one before RIIO-3

Josephine Lord Consultant

Ofgem finalised the RIIO-2 price controls for electricity and gas transmission, gas distribution and the Electricity System Operator (ESO) on 8 December, marking one of the key set-piece events of the energy regulatory calendar. It also issued on 17 December a decision on the framework (the sector specific methodology) for the electricity distribution price control that starts in April 2023, two years later than the price controls for the other sectors. In this week’s Energy Perspective, we argue that the price ...

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