{"id":19623,"date":"2020-06-26T03:59:00","date_gmt":"2020-06-26T10:59:00","guid":{"rendered":"https:\/\/copperleaf-test.majortom.dev\/five-ways-to-optimise-performance-under-riio-2\/"},"modified":"2022-12-28T10:47:41","modified_gmt":"2022-12-28T18:47:41","slug":"five-ways-to-optimise-performance-under-riio-2","status":"publish","type":"post","link":"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/five-ways-to-optimise-performance-under-riio-2\/","title":{"rendered":"Five Ways to Optimise Performance Under RIIO-2"},"content":{"rendered":"

The UK\u2019s gas and electricity regulator, Ofgem<\/a>, has set price controls for network operators using the RIIO framework since 2013. As the next price control period approaches in 2021, Ofgem is setting ambitious new targets in terms of costs, reliability, and environmental outcomes, as well as increasing their focus on innovation and efficiency in order to deliver more value to customers. It is clear that network companies will need to adapt and transform in order to meet traditional goals and these new emerging objectives.<\/p>\n

\n

We cannot know how exactly the future will evolve, but we can be sure that the pace of change\u2014driven by new technologies\u2014will increase, and that the sector will become increasingly complex.<\/p>\n

OUR STRATEGIC NARRATIVE FOR 2019\u201323, OFGEM<\/a>
\n<\/cite><\/p><\/blockquote>\n

In this period of sustained change and system disruption, network operators will need to develop cost-efficient, fully-justified plans that deliver long-term benefits to customers. Plans will need to consider all stakeholders, and evaluate investments holistically to ensure the best return. Successful companies will continuously adapt their plans to keep pace with rapidly changing business realities\u2014from COVID-19 to natural disasters\u2014while continuing to deliver essential services to customers. It is a challenging but exciting time for energy networks!<\/p>\n

Copperleaf has closely followed RIIO-2 developments, through our work with Northern Gas Networks<\/a>, SGN<\/a>, Northern Ireland Electricity Networks<\/a>, and National Grid<\/a>, who must adopt this framework as soon as the current price control period ends.<\/p>\n

Only those companies with the right tools and processes will be able to overcome the challenges and meet\u2014or even outperform\u2014the high expectations of Ofgem.<\/p>\n

Delivering Value in the UK Energy Sector<\/h4>\n

\"\"Copperleaf plays an important role in helping network companies achieve their strategic goals and deliver the highest possible value from their investment plans under complex regulatory environments.<\/p>\n

In our executive white paper<\/a>, we outline the top 5 things UK network operators can do to ensure success in the next planning cycle and beyond.<\/p>\n

Learn how some of the world\u2019s most innovative and agile organisations plan to deliver on their commitments over the next eight years.<\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The UK\u2019s gas and electricity regulator, Ofgem, has set price controls for network operators using the RIIO framework since 2013. 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