RIIO-2 will be the next price controls for the network companies running the gas and electricity transmission and distribution networks.
The current price controls for gas and electricity transmission (RIIO-T1) and gas distribution (RIIO-GD1) networks will end on 31 March 2021, with the electricity distribution price control (RIIO-ED1) ending on 31 March 2023. Each of the current price controls are set to run for an eight-year period. Once they end we will need to put new controls in place: RIIO-2.
Here you can view and download all our documentation on the RIIO-2 price control process. This includes the RIIO-2 Framework Review stage. This stage marks the beginning of the consultation process for setting the next price controls. It encompasses a review of the overall RIIO framework so far and will also assess if we need to make any changes.
Following publication of an open letter on the RIIO-2 Framework, we aim to further consult in early 2018 on the proposed structure of the framework. We will use the responses to the open letter to inform this. The Framework Review stage will culminate in a final framework decision. We will aim to publish this in the summer of 2018.
You can find data on network performance during the current price controls on the Ofgem data portal.