RIIO price control
E844533
Ofgem price control
RIIO price control period
RIIO price control period
energy network price control framework
regulatory framework
The RIIO price control is a UK regulatory framework used by Ofgem to set revenues and performance incentives for energy network companies, promoting efficiency, reliability, and investment in infrastructure.
Observed surface forms (4)
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
Ofgem price control
ⓘ
RIIO price control period ⓘ RIIO price control period ⓘ RIIO price control period ⓘ RIIO price control period ⓘ energy network price control framework ⓘ regulatory framework ⓘ |
| appliesTo |
electricity distribution network companies
ⓘ
electricity transmission network companies ⓘ gas distribution network companies ⓘ gas transmission network companies ⓘ |
| component |
information quality incentive
ⓘ
innovation incentives ⓘ output incentives ⓘ revenue cap ⓘ totex approach ⓘ uncertainty mechanisms ⓘ |
| country | United Kingdom ⓘ |
| domain | energy regulation ⓘ |
| focus |
consumer outcomes
ⓘ
environmental performance ⓘ innovation in network services ⓘ network reliability ⓘ |
| fullForm | Revenue = Incentives + Innovation + Outputs ⓘ |
| hasPhase |
RIIO-2
NERFINISHED
ⓘ
RIIO-ED1 NERFINISHED ⓘ RIIO-GD1 NERFINISHED ⓘ RIIO-T1 NERFINISHED ⓘ |
| introducedBy | Ofgem NERFINISHED ⓘ |
| methodology |
stakeholder engagement requirements
ⓘ
totex-based cost assessment ⓘ |
| objective |
encourage investment in network infrastructure
ⓘ
promote efficiency in energy networks ⓘ promote reliability of energy networks ⓘ protect energy consumers ⓘ support low-carbon transition ⓘ |
| predecessor | RPI-X price control NERFINISHED ⓘ |
| regulator | Ofgem NERFINISHED ⓘ |
| replaces | RPI-X price control model ⓘ |
| revenueFormula | allowed revenue linked to outputs and incentives ⓘ |
| sector |
electricity and gas transmission
ⓘ
electricity distribution ⓘ energy networks ⓘ gas distribution ⓘ |
| startPeriodApprox | early 2010s ⓘ |
| timeHorizon | multi-year ⓘ |
| uses |
benchmarking of network companies
ⓘ
output-based regulation ⓘ performance incentives ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.