Renewable UK has said the RIIO2 price controls as currently proposed by Ofgem will hold up investments in Britain’s electricity transmission network that will be vital to meet the government’s target of building 40GW of offshore wind capacity by 2030. The trade association said Ofgem has failed to deliver on its promise to align its decisions with the UK’s net zero emissions target and that embedding the commitment with the regulator’s remit “looks like it’s increasingly necessary”.
Renewable UK says current RIIO2 plans will hold up vital network expansions
