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RIIO2 price controls have been ‘set up to fail’

RIIO2 price controls have been ‘set up to fail’

Ofgem’s efforts align the next of set network price controls with the UK’s net-zero emissions target have been constrained by insufficient guidance and support from government. Catherine Mitchell, professor of energy policy at the University of Exeter, said that as a result the regulator’s draft determinations are “strangely siloed” from each other and fail to actually encourage the creation of a net-zero energy system – “the very thing it sets out to do.”

5 years ago

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