Article summary
Ofgem has launched a consultation on several documents related to the RIIO-2 formal Licence Drafting Consultation and Licence modifications. The draft documents relate to electricity transmission, gas transmission, gas distribution and electricity system operator licences. They comprise instructions and guidance for licensees on how to update the variable values in the Price Control Financial Model for the first Annual Iteration Process submission. The deadline for submitting views to the consultation is 11 May 2021.
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