Fine to pay? When firms cannot afford to pay the European Commission’s penalties
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Ofgem RIIO-3 Draft Determinations
On 1 July 2025, Ofgem published its Draft Determinations (DDs) for the RIIO-3 price control for the GB electricity transmission (ET), gas distribution (GD) and gas transmission (GT) sectors for the period 2026 to 2031.1 The DDs set out the envisaged regulatory framework, including the baseline cost allowances,… Read More
Time to get real about hydrogen (and the regulatory tools to do so)
It’s ‘time for a reality check’ on the realistic prospects of progress towards the EU’s ambitious hydrogen goals, according to the European Court of Auditors’ (ECA) evaluation of the EU’s renewable hydrogen strategy.1 The same message is echoed in some recent assessments within member states, for example by… Read More