The Competition and Markets Authority’s (CMA) provisional ruling on the RIIO2 appeals represented a “victory” for Ofgem, according to industry experts. However, the appellants are unlikely to give up without a fight. Tom Grimwood asks whether they can expect any movement from the CMA in its final determination and what the future holds for the “outperformance wedge”.
Can networks overturn Ofgem’s ‘victory’ with the CMA?
