OFGEM DNO BUSINESS PLAN

DNOs, it said, have bid for just 14 per cent. The DNO cost savings should be passed on to consumers who are investing in the rollout. This site uses cookies for essential functionality, performance and analytics, and marketing including behaviour advertising. Request a call back. For Ofgem, the potential savings form the smart meter rollout and smart grids are a welcome boon as it seeks to exert what little control it can over spiralling energy costs, and offer consumers a speedy return on investment.

This has provoked what counts as a storm of outrage in the polite world of regulated utilities. When the draft determinations landed, SSE shouted the loudest. Ofgem boss slams EU data protection rules. The company, which has seen a 6. The smart meter rollout will bring significant benefits directly to consumers as well as cost savings to DNOs. As negotiations get underway ahead of the final determinations in November, these opposing views will have to be reconciled.

ofgem dno business plan

Again, DNOs are more cautious. The second set of savings arise from using the benefits of smart grids in other ways across the business. What to read next. Ofgem says the companies have failed to take proper account of these savings: DNOs have been sceptical about the benefits of the rollout since it was decided that suppliers should lead it — a different model to the location-by-location approach led by networks in other countries.

The DNO cost savings should be passed on bksiness consumers who are investing in the rollout. The disagreement here centres on when the benefits of smart meters will be realised, and how far DNOs can rely on effective partnership working.

While companies would normally chafe at their regulatory settlements, there are quite specific disagreements about whether the DNOs can achieve the cost savings Ofgem has demanded.

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RIIO-2 Business Plans Draft Guidance Document | Ofgem

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In addition to the smart meter savings, Ofgem identifies two sets of savings from smart grid solutions.

DNOs, it said, have bid for just buskness per cent. The industry is more cautious, suggesting that the bulk of the benefits will come later, in ED2.

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However, it is important this balance is right to ensure investment to maintain secure and reliable supplies. Companies will be assessing all the factors in their Draft Determinations as part of their ongoing dialogue with Ofgem to better inform the final decisions on investment.

Ofgem boss slams EU data protection rules. In a carefully worded statement, the ENA said: Ofgem insists the benefits of the rollout should be passed back to consumers as soon as possible, ie within the ED1 period.

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Marek Majewicz, interim managing director, Bristol Energy. One particular area of dispute is around businezs potential savings from the smart meter rollout and smart grid solutions. You can control the non-essential cookies in your browser settings and using the 3rd party links.

ofgem dno business plan

The release goes on to quote Ofgem chief executive Dermot Nolan saying: The draft determinations include a six per cent cost of equity, lower than 6. DNOs are privately saying these savings are over-stated. When the draft businezs landed, SSE shouted the loudest.

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ofgem dno business plan

For Ofgem, the potential savings form the smart meter rollout and smart grids are a welcome boon as it seeks to exert what little control it can over spiralling energy costs, and offer consumers a speedy return on investment. Two of the companies have openly spoken of their disappointment at the proposed settlements, and others are muttering behind the scenes.

The smart meter rollout will bring significant benefits directly to consumers as well as cost savings to DNOs. Water industry cannot afford delays to protect supply.

The completion of the rollout of smart meters is planned for — five years into the eight year ED1 price control.

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DNOs are left to determine this combination themselves. For DNOs, they remain a possibility on the horizon, with much of the control of the smart meter programme and its potential benefits out of their hands.

As negotiations get underway ahead of the final determinations in November, these opposing views nusiness have to be reconciled. This has provoked what counts as a storm of outrage in the polite world of regulated utilities.

Moreover, Ofgem believes that DNOs will see significant cost benefits through aspects of the rollout which are beyond their control, through partnership working with suppliers.