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Opinion: Ofgem must raise its RIIO2 game on carbon

Ofgem should take a strategic approach to low-carbon in the methodology for network price controls, says Judith Ward

The RIIO2 price control process is set to shape customer and consumer service levels and investment plans by the GB energy networks for years to come. An important aim should be good alignment of Ofgem’s own detailed RIIOI2 regulatory frameworks with the overall direction of travel implied by the government’s Clean Growth Strategy and the trajectories of the fourth and fifth carbon budgets.

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