Ofgem’s proposals to put billions of pounds of potential network investment within reopener mechanisms will raise new challenges for the regulator’s decision-making, its director of network price controls has acknowledged. “We’re going to be making lots of big new decisions in every year of the control and we’ve got to make sure we can do that as rapidly as we can,” said its director of network price controls, Akshay Kaul.
Flexible price controls will put stress on Ofgem machinery
