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Ofgem’s chief executive has said he wants to “bottle the spirit of co-operation that supported our industries through the pandemic and use that collaboration to drive our progress to net zero”.
4 years ago
An Ofgem executive has pledged to make energy regulation more “agile and adaptive” and to fully exploit RIIO-2 innovation incentives and challenge funding through a new partnership with the government’s UK Research and Innovation (UKRI) agency.
More than 200 projects to install electric vehicle charging points across the UK have been approved as part of a £300 million green recovery scheme, of which just over half represents new funding for RIIO-ED1.
National Grid’s chief financial officer has promised a “light touch” approach to integrating Western Power Distribution (WPD) into the wider business after the deal completes in July. Andy Agg spoke to Utility Week following the group's full-year financial results.