Posts Tagged ‘SBGI Utility Networks’
Utility Regulation 2011 – Delivering Investment and Customer Value
Huge investment in network infrastructure is needed to ensure that energy and water supplies continue to be available to meet demand. At the same time Government wants the UK to transition to a low carbon economy whist also keeping prices to consumers at levels which are acceptable. Is it possible to incentivise investment in infrastructure for the renewable future without over-burdening consumers? Have Regulators been influencing policy too much with their many and varied incentive mechanisms? Will the reviews of the role of Ofgem and Ofwat lead to changes in the Regulator’s role with policy functions taken back into Government? Should Ofgem and Ofwat be focussed purely on economic regulation and, if so, what will such a change mean in reality? These are the exciting and challenging questions being addressed by Government, regulators and the regulated.
The Utility Regulation conference will also take a look at how RIIO is shaping up – will it deliver the levels of investment and innovation needed in the energy transmission and gas distribution sectors? Meanwhile in the water sector, the conference will take a look at how the Gray Review of Ofwat might lead to major changes in regulation, competition and mergers. The conference will address what these developments will mean for the shareholders / owners of the utilities and their ability to deliver the returns and investment necessary to deliver our future utility networks.
Join us for this seventh annual seminar in the series where these issues will be addressed, and other approaches and ideas introduced .
See programme below or book your place now
Further information on advertising in the next issue of Utility Business Magazine or placing a banner advert on this blog, please visit the advertising section or download our media information pack for 2011 pack for 2011
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SBGI Utility Networks took a stand at the Gastech Conference & Exhibition, Amsterdam, 21-24 March.
Participating members on the stand were Crane Building Services & Utilites, Gas Measurement Instruments, Syddal Engineering, Technolog and BDR Thermea (Baxi).
View the event photographs on Flickr here
Further information on advertising in the next issue of Utility Business Magazine or placing a banner advert on this blog, please visit the advertising section or download our media pack for 2011
Alternatively, you can email us here
Calls to 0870 199 4044
Subscribe to the Utility Business blog here
GDPCR
SBGI Utility Networks provided responses to the Open letter consultation on Gas Distribution Price Control Review 2 (GDPCR2) – the way forward. Additionally, the Division has gained a seat on the stakeholder forum group that will oversee and provide input to Ofgem on key aspects of the price control reviews for Electricity and Gas Transmission and Gas Distribution.
This will help keep members informed about the reviews that will conclude in April 2013, and provide a route to get members views heard. The stakeholder forum group will meet regularly during the review to provide input to Ofgem about a range of aspects of the price control, with the first meeting having taken place on November 4th.
Read more…
After two years of consultation, Ofgem has finalised its new network regulation model aimed at securing the £32 billion of investment needed for the ‘rewiring of Britain’ as it moves to a low carbon economy. RIIO (Revenue equals Incentives plus Innovation and Outputs) will replace RPI-X, which served for 20 years. It will work by setting longer eight-year price controls on network companies and offering them incentives focused on delivering results, as well as expanding the £500 million Low Carbon Network Fund to encourage the growth of smart grids.
The RIIO model will first be applied in the next transmission and gas distribution price control reviews – April 2013. Current and future price controls will be renamed to reflect the RIIO framework i.e. Transmission Price Control Review 5 (TPCR5) and Gas Distribution Price Control Review 2 (GDPCR2) will be named RIIO-T1 and RIIO-GD1.
Further information on advertising in the next issue of Utility Business Magazine or placing a banner advert on this blog, please visit the advertising section or download our media information pack for 2011
Alternatively, you can email us here
Calls to 0870 199 4044
Subscribe to the Utility Business blog here
