RIIO-2 Challenge Group Independent Report to Ofgem
- Distribution Network
- Transmission Network
Ofgem established the RIIO-2 Challenge Group in September 2018. The objective of the Group is to provide challenge to the energy network companies on their Business Plans for RIIO-2 and to Ofgem on their framework for RIIO-2, on behalf of existing and future consumers. On 20 December 2020, the Group provided an independent report on the Business Plans submitted by the network companies to Ofgem (on 09 December 2019) for RIIO-2.
This report outlines the Group’s independent views on the energy network company Business Plans for RIIO-2. The report is intended to support Ofgem’s work towards its Final Determinations on the revenue required by these network companies to operate their businesses in the future, but the Group hopes it will also be of use to anyone participating in the Ofgem’s Open Hearings process in 2020.
The Group is independent of Ofgem. Its report is one of a number of considerations that will help inform Ofgem’s assessment of companies’ Business Plans.