Electricity pylon
RIIO-2 price control: Energy Networks Association responds

David Smith, CEO of the ENA said: ‘Achieving net zero emissions requires sustained investment, innovation and a supportive and forward-looking regulatory regime’

Ofgem finalises RIIO-2 price control to direct £40m of funding into electricity network

Approximately £30bn will help establish a ‘stronger, greener and fairer GB energy system’, while more than £10m will be held on standby to pay for future green energy projects

Ofgem ‘could save consumers a further £1.7bn in next network price control’

That’s the claim from Citizens Advice, which in 2017, found energy networks would make up to £7.5 billion in unjustified profits over the course of the current price control

National Grid brands Ofgem’s RIIO-2 draft determinations ‘unacceptable’

New rules to cut spending by network operators risk causing more power blackouts in the UK, according to National Grid

Ofgem confirms plans to slash returns for energy network companies

National Grid is ‘disappointed’ with the proposals and the Energy Networks Association says they will have ‘damaging impacts’