Delivering for customers and creditors
On 9 July, UK energy regulator Ofgem published its draft determination for gas distribution networks, transmission companies and the electricity system operator for the RIIO-2 price control period which starts in April 2021.
A consultation on the allowed returns methodology for electricity distribution networks followed on 30 July.
Allowed equity returns will be roughly halved on a like-for-like basis and with reduced scope for out performance, key credit metrics will be pressured.
Join Simon Wilde and Akshay Kaul of Ofgem and Moody’s analysts to discuss:
- Regulatory priorities for RIIO-2
- How has Ofgem balanced the interests of customers and creditors in the context of achieving net zero?
- Financeability assessments and the outlook for ratings