RIIO-ED2

E1026974

RIIO-ED2 is the UK energy regulator Ofgem’s second electricity distribution price control framework, setting allowed revenues and performance incentives for distribution network operators from 2023 to 2028.

All labels observed (4)

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf Ofgem price control ⓘ
electricity distribution price control ⓘ
regulatory framework ⓘ
appliesFromPriceControlPeriod fifth electricity distribution price control period in Great Britain ⓘ
appliesTo DNOs in Great Britain ⓘ
electricity distribution network operators ⓘ
country United Kingdom ⓘ
covers England ⓘ
Scotland ⓘ
Wales ⓘ
documentation Ofgem RIIO-ED2 Final Determinations ⓘ
linked to: RIIO-ED2

Ofgem RIIO-ED2 Sector Specific Methodology Decision ⓘ
linked to: RIIO-ED2
durationYears 5 ⓘ
endDate 2028-03-31 ⓘ
endYear 2028 ⓘ
frameworkType revenue cap with incentives ⓘ
fullName Revenue = Incentives + Innovation + Outputs – Electricity Distribution 2 ⓘ
governs DNO output commitments ⓘ
DNO revenue allowances ⓘ
DNO service quality incentives ⓘ
includes innovation funding arrangements ⓘ
output delivery incentives ⓘ
performance incentives ⓘ
uncertainty mechanisms ⓘ
objective enable net zero transition ⓘ
ensure efficient network investment ⓘ
maintain network reliability ⓘ
protect consumers ⓘ
support decarbonisation of transport and heat ⓘ
partOf RIIO framework ⓘ
policyContext UK net zero greenhouse gas emissions target ⓘ
growth in low-carbon technologies ⓘ
predecessor RIIO-ED1 ⓘ
priceControlNumber 2 ⓘ
regulatedEntities Electricity North West Limited ⓘ
Northern Powergrid ⓘ
SP Energy Networks ⓘ
Scottish and Southern Electricity Networks ⓘ
UK Power Networks ⓘ
Western Power Distribution ⓘ
regulator Ofgem ⓘ
regulatoryApproach output-based regulation ⓘ
RIIOAcronymExpansion Revenue = Incentives + Innovation + Outputs ⓘ
sector electricity distribution ⓘ
sets allowed revenues ⓘ
stakeholderEngagementRequirement requires DNOs to engage with stakeholders in business planning ⓘ
startDate 2023-04-01 ⓘ
startYear 2023 ⓘ
successorTo RIIO-ED1 price control ⓘ
linked to: RIIO-ED1
timeHorizon medium-term price control ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

RIIO price control → hasPhase → RIIO-2 ⓘ
linked to: RIIO-ED2
RIIO-ED2 → documentation → Ofgem RIIO-ED2 Final Determinations ⓘ
linked to: RIIO-ED2
RIIO-ED2 → documentation → Ofgem RIIO-ED2 Sector Specific Methodology Decision ⓘ
linked to: RIIO-ED2