TITLE

RIIO bravo

AUTHOR(S)
Chakraborty, Debajyoti
PUB. DATE
April 2011
SOURCE
Utility Week;4/1/2011, Vol. 34 Issue 12, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article praises the new regulatory model called Revenue using Incentives to deliver Innovation and Outputs (RIIO) being used by the British Office of Gas and Electricity Markets (Ofgem) when consulting on the next price review. It mentions that the most interesting aspect of the RIIO model is the incentives from innovation. It also stresses the need for businesses to optimise whole-life expenditure on assets because the model offers long-term benefits.
ACCESSION #
59900354

 

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