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Reverse engineering: Adapting approaches to RIIO2 to reflect the learnings of RIIO1

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Event
  • Session
  • Tuesday, 22 May 2018
  • 10:22 - 10:22
  • Duration: 12 mins
  • Publication date: 04 Jun 2018
  • Location: Network Theatre, NEC, Birmingham, United Kingdom
  • Part of event Utility week Live 2018

About the session

Detailed planning for RIIO2 is now under way, and it’s evident it will be a tough review.  With RIIO1 now well advanced for gas and transmission networks, the learnings are becoming clear, and the implications for RIIO2 are starting to be understood. Networks now face the dual challenge of preparing for the next regulatory review, while refining their approaches to the current one. This will session will explore the latest regulatory thinking, from the energy sector and elsewhere; the challenges as networks see them; and best practice in responding to those challenges.

Keywords:
  • customer
  • electricity
  • energy

Channels

Power

Power

Speaker

  • Steven Edwards

    Steven Edwards

    Director of regulation & commercial, Wales & West Utilities

    Steven joined the gas industry in 1992 as a Finance Graduate and now has 25 years’ experience in the sector. Steven has been closely involved in the Ofgem review of the RPI-X, resulting in the “RIIO” form of regulation. Steven led the first “RIIO” business plan submission for Wales & West Utilities resulting in an agreed settlement with Ofgem for the next 8 years. As a member of the ENA Gas Futures Group, Steven has helped shape a number of contributions as the group continues to make future energy policy. Steven is also a Board Member of Energy Networks Association and in 2011 gave evidence on behalf of Energy Networks Association to the Energy Select Committee on the future role for gas in the UK. Energy is also a key issue for the devolved nations and Steven is a member of the Welsh Government Energy and Advisory Panel.
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