OFGEM DNO BUSINESS PLAN

  • June 25, 2019

The draft determinations include a six per cent cost of equity, lower than 6. The completion of the rollout of smart meters is planned for — five years into the eight year ED1 price control. The company, which has seen a 6. In addition to the smart meter savings, Ofgem identifies two sets of savings from smart grid solutions. What to read next.

Water industry cannot afford delays to protect supply. Sort Relevancy Date Added. What to read next. Companies will be assessing all the factors in their Draft Determinations as part of their ongoing dialogue with Ofgem to better inform the final decisions on investment. The industry is more cautious, suggesting that the bulk of the benefits will come later, in ED2.

The disagreement here centres on when the benefits of smart meters will be realised, and how far DNOs can rely on effective partnership working. DNOs are left to determine this combination themselves.

ofgem dno business plan

One particular area of dispute is around the potential savings from the smart meter rollout and smart grid solutions. What to read next. Ofgem boss slams EU data protection rules.

SP Energy Networks seeks consumer views on RIIO-2 investment strategy | Current News

The completion of the rollout of smart meters is planned for — five years into the eight year ED1 price control. In addition to the smart meter savings, Ofgem identifies two sets of savings from smart grid solutions.

Sort Relevancy Date Added. Again, DNOs are more cautious. However, it is important this balance is right to ensure investment to maintain secure and reliable supplies. DNOs, it said, have bid for just 14 per cent. Your Telephone Number required. Companies will be assessing all the factors in their Draft Determinations as part of their ongoing dialogue with Ofgem to better inform the final decisions on investment.

  WHY DIDNT KLUTZ DO ANY HOMEWORK ON SATURDAY WORKSHEET ANSWERS

dnk Two of the companies have openly spoken of their disappointment at the proposed settlements, and others are muttering behind the scenes.

This has provoked what counts as a storm of outrage in the polite world of regulated utilities.

ofgem dno business plan

Marek Majewicz, interim managing director, Bristol Energy. For Ofgem, the potential savings form the smart meter rollout and smart grids are a welcome boon as it seeks to exert what little control it can over spiralling energy costs, and offer consumers a speedy return on investment. This site uses cookies for essential functionality, performance and analytics, and marketing including behaviour advertising.

RIIO-2 Business Plans Draft Guidance Document | Ofgem

The smart meter rollout will bring significant benefits directly to consumers as well as cost savings to DNOs. In a carefully worded statement, the ENA said: The company, which has seen a 6. You can control the non-essential cookies in your browser settings and using the 3rd party links. Ofgem insists the benefits of the rollout should be passed back to consumers as soon as possible, ie within the ED1 period.

DNOs are privately saying these savings are over-stated. The draft determinations include a six per cent cost of equity, lower than 6. The industry is more cautious, suggesting that the bulk of the benefits will come later, in ED2.

  HOMEWORK FELPHAM COMMUNITY COLLEGE

RIIO-2 Business Plans Draft Guidance Document

The release goes on to quote Ofgem chief executive Dermot Nolan saying: DNOs have been sceptical about the benefits of the rollout since it was decided that suppliers should lead it — a different model to the location-by-location approach led by networks in other countries.

Request a call back. The DNO cost savings should be passed on to consumers who are investing in the rollout. Ofgem says the companies have failed to take proper account of these savings: When the draft determinations landed, SSE shouted the loudest. The second set of savings arise from using the benefits of smart grids in other ways across the business.

Water industry cannot afford delays to protect supply. As negotiations get underway ahead of the final determinations in November, these opposing views will have to be reconciled. While companies would normally chafe at their regulatory settlements, there are quite specific disagreements about whether the DNOs can achieve the cost savings Ofgem has demanded.