Final Determinations on RIIO-2 re-opener applications 2024: Electricity Transmission, Electricity Distribution and Gas Distribution
Summary
Ofgem publishes Final Determinations on the 2024 RIIO-2 re-opener applications across Electricity Transmission, Electricity Distribution and Gas Distribution.
Why it matters
Annual re-opener cycle decisions. These adjust allowed revenue for approved capex and opex above the original price-control envelope. Re-opener volume each year is a leading indicator of how much network spend is overshooting the RIIO-2 baseline; large re-opener flows imply the original allowance under-provisioned for the actual build rate.
Areas affected
Related programmes
Memo
Final Determinations on RIIO-2 re-opener applications 2024: Electricity Transmission, Electricity Distribution and Gas Distribution | Ofgem Please enable JavaScript in your web browser to get the best experience. BETA This site is currently in BETA. Help us improve by giving us your feedback . Close alert: Final Determinations on RIIO-2 re-opener applications 2024: Electricity Transmission, Electricity Distribution and Gas Distribution Publication type: Decision Publication date: 9 December 2024 Decision for: Draft Determinations on RIIO-2 re-opener applications 2024: Electricity Transmission, Electricity Distribution and Gas Distribution Print this page Related links Statutory consultation on proposed modifications to the special conditions of the electricity transmission licences Statutory consultation on proposed modifications to the special conditions of the electricity distribution licences Statutory consultation on proposed modifications to the special conditions of the gas transporter licences Share the page Share on Facebook Share on Twitter Share on LinkedIn As part of the RIIO-2 price control, network companies can apply for additional allowances via re-opener uncertainty mechanisms. Since January 2024, we received re-opener application submissions from twelve network companies. We consulted on our Draft Determinations on RIIO-2 re-opener applications 2024 for Electricity Transmission, Electricity Distribution and Gas Distribution networks on 3 September 2024. The consultation closed on 1 October 2024. Our decisions, having taken account of all consultation responses, are set out in these Final Determinations. Alongside these Final Determinations, we are also publishing statutory consultations on our proposals to modify the relevant Licensee’s licence to implement our decisions. Main document RIIO-2 Re-opener Applications 2024 Final Determinations - Core Document REVISED [PDF, 487.15KB] Erratum Notice - Final Determinations on RIIO-2 re-opener applications 2024 [PDF, 135.97KB] Subsidiary documents RIIO-2 Re-opener Applications 2024 Final Determinations – ET Annex [PDF, 337.10KB] RIIO-2 Re-opener Applications 2024 Final Determinations - ED Annex REVISED [PDF, 615.17KB] RIIO-2 Re-opener Applications 2024 Final Determinations - GD Annex REVISED [PDF, 328.52KB] RIIO-2 Re-opener Applications 2024 FDs - Data File REVISED [XLSX, 170.84KB] RIIO-2 Reopener Applications 2024 - GD direction REVISED [PDF, 111.56KB] RIIO-2 Re-opener Applications 2024 FDs - Direction SSEH Hebrides Orkney [PDF, 162.41KB] RIIO-2 Re-opener Applications 2024 FDs - Direction NGET Correction [PDF, 167.52KB] RIIO-2 Re-opener Applications 2024 FDs - Direction Cadent Correction [PDF, 97.53KB] Print this page Related links Statutory consultation on proposed modifications to the special conditions of the electricity transmission licences Statutory consultation on proposed modifications to the special conditions of the electricity distribution licences Statutory consultation on proposed modifications to the special conditions of the gas transporter licences Share the page Share on Facebook Share on Twitter Share on LinkedIn Close