OFGEM DNO BUSINESS PLAN

Moreover, Ofgem believes that DNOs will see significant cost benefits through aspects of the rollout which are beyond their control, through partnership working with suppliers. Water industry cannot afford delays to protect supply. DNOs are privately saying these savings are over-stated. The draft determinations include a six per cent cost of equity, lower than 6. 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. Ofgem insists the benefits of the rollout should be passed back to consumers as soon as possible, ie within the ED1 period.

The company, which has seen a 6. Sort Relevancy Date Added. However, it is important this balance is right to ensure investment to maintain secure and reliable supplies. Ofgem says the companies have failed to take proper account of these savings: The industry is more cautious, suggesting that the bulk of the benefits will come later, in ED2.

This site uses cookies for essential functionality, performance and analytics, and marketing oofgem behaviour advertising. The DNO cost savings should be passed on to consumers who are investing in the rollout. However, it is important this balance is right to ensure investment to maintain secure and reliable supplies.

The completion of the rollout of smart meters is planned for — five years into the eight year ED1 price control.

RIIO-2 Business Plans Draft Guidance Document

What to read next. The second set of savings arise from using the benefits of smart grids in other ways across the business. The industry is more cautious, suggesting that the bulk of the benefits will come later, in ED2. Request a call back.

  FREDERICK JACKSON TURNER FRONTIER THESIS APUSH QUIZLET

ofgem dno business plan

While companies would normally chafe at their regulatory settlements, there are quite specific disagreements about whether the Gusiness can achieve the cost savings Ofgem has demanded. One particular area of dispute is around the potential savings from the smart meter rollout and smart grid solutions.

RIIO-ED1: Ofgem challenges DNOs to shave £bn from eight-year business plans – Utility Week

When the draft determinations landed, SSE shouted the loudest. Ofgem insists the benefits of the rollout should be passed back to consumers as soon as possible, ie within the ED1 period. As negotiations get underway ahead of the final determinations in November, these opposing views will have to be reconciled. DNOs are privately saying these savings are over-stated. Marek Majewicz, interim managing director, Bristol Energy. Two of the companies have openly spoken of their disappointment at the proposed settlements, and others are muttering behind the scenes.

ofgem dno business plan

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. Ofgem boss slams EU data protection rules. Your Telephone Number required. The company, which has seen a 6.

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

Sort Relevancy Date Added. The draft determinations include a six per cent cost of equity, lower than 6.

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. Water industry cannot afford delays to protect supply.

  HOMEWORK CRISIS COOKIEZI

DNOs have been sceptical about the benefits of the rollout since it was decided that suppliers buiness lead it — a different model to the location-by-location approach led by businezs in other countries.

The smart meter rollout will bring significant benefits directly to consumers as well as cost savings to DNOs. Moreover, Ofgem believes that DNOs will see significant cost benefits through aspects of the rollout which are beyond their control, through partnership working with suppliers.

This has provoked what counts as a storm of outrage in the polite world of regulated utilities. DNOs, it said, have bid for just 14 per cent.

ofgem dno business plan

For DNOs, they remain a bjsiness on the horizon, with much of the control of the smart meter programme and its potential benefits out of their hands. The release goes on to quote Ofgem chief executive Dermot Nolan saying: You can control the non-essential cookies in your browser settings and using the 3rd party links.

In addition to the smart meter savings, Ofgem identifies two sets of savings from smart grid solutions. Ofgem says the companies have failed to take proper account of these savings: Again, DNOs are more cautious. The disagreement here centres on when the benefits of smart meters will be realised, and how far DNOs can rely on effective partnership working.