RIIO-3 Sector Specific Methodology for the Gas Distribution, Gas Transmission and Electricity Transmission Sectors
Consultation
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
- Publication date
- Closed date
- Industry sector
- Transmission Network
- Distribution Network
- Decision
We set price controls on the companies that run the gas and electricity networks in Great Britain to ensure that current and future consumers get the network services they require at a fair price. We do so through the RIIO model, where we set network company Revenues using Incentives to deliver Innovation and Outputs.
The current RIIO-2 price controls for the electricity and gas transmission and gas distribution sectors are due to finish in March 2026. The RIIO-3 price controls for these sectors will then start on 1 April 2026. In October 2023 we published our decision on the Future Systems and Networks Regulation consultation, which confirmed the framework for the new price controls. We are now consulting on the sector methodologies that we will use to apply this framework.
The consultation period will close on 6 March 2024 and please send all responses to RIIO3@ofgem.gov.uk.
RIIO-3 Sector Specific Methodology Consultation Working Group Schedule
We assume that network companies will attend those working groups which are relevant for their companies. For all other stakeholders, we would ask that you contact the Ofgem RIIO-3 team at RIIO3@ofgem.gov.uk indicating which working groups you would like to attend.
Update 25 January 2024: We have updated the schedule of working group dates, they can be found as a subsidiary document below.
Respond name
RIIO-3 Team