A variety of energy companies and organisations have written to Ofgem to urge the regulator to make net zero central to the next price controls. In the letter, they argue that RIIO-2 will be a “critical enabler” of net zero, stressing that with at least 40GW of renewables needing to be efficiently connected by 2030 and millions of electric vehicles (EVs) needing to charge easily, the network infrastructure must be ready. As a result, net zero must be at the heart of RIIO-2 “from the start, not as a subsequent ‘uncertainty’” the letter states. The RIIO-2 price controls have already been the subject of fierce debate regarding their impact on net zero. In their scathing responses to Ofgem’s Draft Determinations, Scottish and Southern Electricity Networks (SSEN) Transmission and ScottishPower Energy Networks (SPEN) branded the proposals as “risking the delivery of net zero” and being “manifestly flawed” respectively.
Current 27th Oct 2020 read more »