The chief executive of Northern Powergrid has criticised the RIIO-ED2 price control for having too many uncertainty mechanisms, which he warns could overwhelm Ofgem. Phil Jones was speaking during a panel session at Utility Week Forum in London recently where he criticised the nature of the current RIIO-ED2 price control, which began last April, and said that “clarifying uncertainty is non-stop”.
Northern Powergrid CEO laments ‘too many’ RIIO uncertainty mechanisms
