No time to lose
In March Ofgem published three significant and related consultations around the future regulation of networks. The consultations specifically relate to the successor to RIIO, local governance and distributed flexibility. Ofgem claims that “there is not a moment to lose” given the imperative to meet net zero. However, Maxine Frerk, former senior partner at the regulator, argues that Ofgem risks blocking momentum by heading back to the drawing board on frameworks and archetypes.