Some good news this week, as Ofgem handed the networks an early Christmas present in the shape of £46 million for eight innovation projects. These awards include the last round of funding for power networks from the Low Carbon Networks Fund (LCNF), as well as the gas and electricity Network Innovation Competitions (NIC). Power networks will move to the NIC model next year, when the LCNF comes to an end and RIIO-ED1 kicks in.
Networks innovation is a good-news story
