Ofgem riio ed1 business plans

The second core section of our strategy paper explains how we plan to interface with the communications infrastructure and incorporate smart meter data into our IT systems.

Network regulation – the 'RIIO' model

But, she added, there is evidence to indicate the problem remains. We anticipate with an eight-year price control it will be appropriate to keep this data for a period of ten years before aggregating it into an enduring non-sensitive format We are planning to schedule service requests on a quarterly basis to extract the half-hourly consumption data which will be encrypted by the meter before being passed over the DCC infrastructure To meet the privacy requirements this data will then be held in a secure environment within our corporate IT infrastructure The data will generally only be available for use when aggregated into an appropriate format, although there will be occasions when disaggregated data needs to be used and this will only be permitted under controlled conditions by authorised individuals Security and Critical Commands: Meter Installers operating on behalf of suppliers are likely to encounter situations where they cannot install a smart meter due to the condition or type of our service termination Although these situations exist on our network today the roll-out programme involves replacing meters at a much faster rate than routine changes, and installers are likely to utilise less experienced staff to meet their programmes.

The design specification and associated Code of Connection also specify security requirements for this configuration. Category B - Remedial work required. The process of changing supplier will also be easier, and estimated readings will no longer be needed. Situations in this category have immediate safety implications and include damaged or overheating equipment and exposed live connections.

Strategy decision for RIIO-ED1 - Overview

First Economics has been giving economic and financial advice to the IAA. This capability will become increasingly beneficial with the future connection of low-carbon demand and generation loads which will increase the complexity of network modelling and without adequate information could prompt extensive investment.

The full paper can be accessed here. Study into customer and stakeholder engagement during price reviews First Economics has been appointed as the contractor for a new UK Water Industry Research UKWIR project on the options for customer and stakeholder engagement during price reviews.

Details may be found here. Renewable generation connections are often requested in areas where capacity is restricted and may involve innovative solutions to manage generation and demand in real time ofgem riio ed1 business plans gain maximum utilisation of network capacity Smart meters have the capability to provide much more information about our local lowvoltage networks and thus assist us find new innovative ways of planning, developing and managing our network to meet these forthcoming challenges The remainder of this paper is divided into the following sections which deal in turn with installing meters, communicating with meters and how we use the meter data: The process will culminate in April with the commencement of the new price control period, which for the first time will run for eight years instead of the previous five.

A better understanding of changes to network loading will ensure that network capacity is not exceeded. Section 3 - A key component of smart metering systems is the technology linking smart meters to organisations using smart meters. First Economics has been supporting the CAA during its review.

There is some uncertainty about ofgem riio ed1 business plans number of requests necessary to read consumption data but we believe the charge will be levied for one request. It covers liaison with suppliers and customers, how we will collate information on workloads by locality so we can plan where resources will be needed, and our programme for recruiting and training these resources.

However our Thames Valley Vision LCNF project is developing the ability to calculate accurate estimates based on a lesser population of smart meters. Table 8 is a summary of indirect benefits as a result of customers and suppliers using more flexible tariffs and demand-side response to reduce peak electricity demand, which in turn will reduce demand on our network avoiding reinforcement costs Since the ENA completed its review in March the overall smart metering programme has been delayed by one year.

Use information from smart meters to assist in supply restoration process. Where we can identify premises needing remedial work in advance of the roll-out we will schedule this ahead of the meter installation where practicable.

Table 7 summarises the benefits directly available to us from using smart meters to operate more efficiently, and is based on our Option 3 see and Table 9.

We have reassessed our costs forecasts following development of our procedures which will allow most remedial work to be carried out live, and further design work on the interfaces between our IT. A key milestone on the path to next price control period. National Smart Meter Architecture In this section we explain our plans for: We have identified a difference between the position adopted by the Competition Commission in this provisional determination and the methodology we have generally adopted, and signalled in our Strategy Decision, for assessing equity market returns.

First Economics will be supporting one of the affected electricity distribution networks through this appeal.

WPD was particularly impressive and clearly demonstrated it delivered for consumers on all areas and this is the reason it is eligible for fast-tracking.

Category A - Emergency. Under the RIIO settlement process, business plans undergo an initial assessment by Ofgem and those which pass muster are fast-tracked. These situations do not generally prevent the smart meter being installed but may need to be factored into our future asset intervention programme.

Frontier shift First Economics has today published a new report on the subject of frontier shift.In JulyOfgem asked the remaining five network companies to reduce their draft RIIO-ED1 cost plans for April by £bn.

23 Ofgem considered that the network companies could find more efficiencies, particularly from smart grids. These preventative steps to. Strategy decision for RIIO-ED1 - Business plans and proportionate treatment.

31 RIIO to REV: What U.S. Power Reform Should Learn from the U.K. By Heather Payne* “The problem we’re trying to solve is that we all know what the grid is supposed to look like. Oct 21,  · Head of Engineering, Alan Broadbent gives an overview on business plan on the future of the local electricity network.

The company today published a detailed business plan that. The improved plans demonstrated that Ofgem's RIIO price control has been successful in driving down costs, promoting innovation and stakeholder engagement. However, even with the reductions and good initiatives in the business plans, Ofgem believes there is scope for further improvement.

The RIIO-ED1 message from Ofgem to DNOs is clear: if your company puts the customer at the heart of operational decisions, it can perform better financially and.

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Ofgem riio ed1 business plans
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