In a competitive field RIIO-T3 is one of the most impenetrable acronyms in the UK's energy industry, but over the next 12 months it is set to emerge as one of the most important. It stands for ...
Nearly a quarter of every household bill goes towards firms running and maintaining the network. And Ofgem’s 2013 RIIO framework sets out price caps and performance and investment targets. But MPs ...
seven times the impact of RIIO-T2. It is an ambitious plan, set to future proof the network with strategic capacity and flexibility for the longer term. We've laid the foundations for its ...
Network developers must submit project plans and expected costs under UK regulator Ofgem’s Revenue=Incentives+Innovation+Outputs (RIIO) programme. Ofgem then decides whether to approve such ...
with one ("Ofgem Notional Company") considered financeable for RIIO-GD3, albeit with reservations, and the other ("Ofgem Actual Company") not financeable due to the assumed cost of capital being ...
That includes £16 billion for “strategic investments” already approved by Ofgem as part of work to improve the UK’s transmission network. ⚡️The RIIO-T3 Business Plan represents one of ...