WebbThe purpose of the NIA is to fund smaller projects worth from about £50,000 to £2m. Compared to the Network Innovation Allowance, the Network Innovation Competition is a competitive bidding process focussed on funding larger scale and more complex, innovative projects. Funding documentation NIA Annual Report 2024 NIA Annual … WebbFigure 1 The timeline for Ofgem’s RIIO-ED2 publications, the CMA’s RIIO-2 GD&T and PR19 water appeals and the Energy White paper Source: Oxera, ... 8 Ofgem (2014), ‘RIIO-ED1: Final determinations for the slow-track electricity distribution companies’, 28 November. 9 CADO—Competitively
UKPN RIIO-ED2 - UK Power Networks
WebbThe existing RIIO-ED1 framework provides strong foundations for RIIO-ED2. Along with previous price controls, RIIO-ED1 has facilitated the delivery of significant improvements in the quality of service customers receive at lower cost. … WebbCorrecting the errors of ED1 It is essential that monopoly networks are value for money for consumers, and we don’t think that Ofgem got it right for ED1. In the ED1 price control, companies have consistently earned higher returns than were expected by Ofgem at the outset 3. In the latest Annual Report figures, DNO groups’ forecast limitations of bohr model class 12
RIIO-GD1 Annual Report 2024-21 Ofgem
WebbIn December 2024, Ofgem published its Sector Specific Methodology Decision (SSMD) for the RIIO-ED2 price control covering the electricity distribution (ED) sector. In this article, … Webb1 RIIO is a new performance based model for setting price controls and stands for Revenue = Incentives + Innovation + Outputs. More information about RIIO-ED1 is … WebbReporting (RFPR) Guidance document. 1.2. The primary focus of the RFPR is to summarise the key components of the financial performance of regulated networks by way of the Return on Regulatory Equity (RoRE) . The commentary has been prepared based as an average over the RIIO-1 period rather thanprioritising in-year, cumulative, historical … hotels near pasco county fairgrounds fl