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RIIO-2 Consultation Response

September 2020

currENT’s members have found that the RIIO (Revenue = Incentives + Innovation + Outputs) model in Great Britain has incentivised network companies to embrace and implement new technology, and we often use it as an example of how output-based regulation can drive innovation in networks.

We propose that Ofgem can further improve RIIO-2 to deliver Net Zero at lowest cost to GB consumer by considering the following:

Read our full response to the RIIO-2 Draft Determination consultation here.