Our at a glance comparison of the #PR24 Final Methodology and the #RIIO-ED2 Final Determinations.

With the energy crisis squeezing the budgets of households and businesses, an increasing number of customers are struggling to meet their bills, despite the Energy Price Guarantee (EPG) and other forms of support provided by the Government.

Ofgem published its Final Determinations for the Electricity Distribution price controls (RIIO-ED2) on 30 November 2022.

As the industry and commentators digest the contents, we provide an “at a glance” summary of the key decisions:

Demand for cooling systems is expected to rise as summers become hotter in the UK.

Lack of focus on cooling may result in missed opportunities - there are significant synergies between the decarbonisation of heat and cooling systems.

Improving energy efficiency is one of the most immediate solutions to rising energy bills and to concerns around security of supply. Improving the efficiency of our homes could reduce our heating bills by around 20% and reduce our dependency on foreign gas. The business case for energy efficiency is better now than ever before.

Heat pumps are expected to play a key role in decarbonising heat. As part of its 2021 Heat and Buildings Strategy, the UK Government introduced an ambitious target of 600,000 installations per year by 2028, and has unlocked significant funding to support this ambition. Yet, heat pump uptake remains slow – annual installations amount to only around 35,000 heat pumps.

Over the summer, there was a lot of noise about the way that sewage has been spilled into rivers and the sea. There was public outcry and local businesses were affected. Boat clubs had to cancel sessions and websites like Surfers Against Sewage were used more and more when people want to check the safety of water where they wish to swim. But is this concern justified?

Assessment of the effectiveness of Elexon’s preparations for establishing and undertaking the programme management role for the Market Wide Half Hourly Settlement (MHHS) Programme

This is the second paper in a series exploring the evolution of regional flexibility markets and how they can support the development of an efficient, low carbon energy system. The paper focuses on how the future roles of Distribution System Operators (DSOs) may evolve if flexibility exchange platforms become widespread

This is the first paper in a series exploring the evolution of regional flexibility markets and how they can support the development of an efficient, low carbon energy system. Entitled “Future Networks”, the series is being jointly prepared by Cornwall Insight, Complete Strategy and Shakespeare Martineau.

This is the third research paper in a series exploring the evolution of regional flexibility markets and how they can support the development of an efficient, low carbon energy system. Entitled “Future Networks”, the series is being jointly prepared by Cornwall Insight, Complete Strategy and Shakespeare Martineau. This paper has been led by Complete Strategy.

Working in partnership with PwC, we were commissioned by National Grid to explore the impact of range anxiety on the uptake of electric vehicles.