riio-2

BEIS set out plans to upgrade UK energy system

BEIS and Ofgem have today release a report on 'Upgrading our Energy System'. The report is a response to the call for evidence on a smart, flexible energy system which concluded at the beginning of the year. You can download…

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The Road to RIIO-2 (Revenue=Incentives+Innovation+Outputs)

Ofgem has published an open letter on RIIO-2 Framework. 'RIIO' stands for the formula through which revenue is calculated, Revenue=Incentives+Innovation+Outputs. RIIO-2 will determine the next price controls for the network companies running the gas and electricity transmission and distribution networks.…

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