Ofgem well justified business plan

Back in the Government mandated that every home in Britain should have a smart gas and a smart electricity meter by Instead of using off the shelf smart meters, they decided to design their own. DECC worked with some vested industry interests to do a classic Government IT committee job, producing the most complex smart meter specification the world has seen. Not only was it the most expensive, but it was also insecure.

Ofgem well justified business plan

Sector description The sector comprises four subsectors that together constitute the public electricity supply industry, namely: There are 14 licensed distribution network operators DNOs ; each is responsible for a regional distribution area, carrying electricity from the high-voltage transmission grid to industrial, commercial and domestic users.

The 14 DNOs are owned by six different groups. Suppliers buy energy and deliver it to the end consumer — i. Aroundworkers — about a third of which may be contractors. Further, it does not address risks to those working in other sectors that may encounter electrical hazards, e.

Risks to the public from the work activities of dutyholders involved electricity generation high voltagetransmission, distribution and supply are within scope of the sector strategy. Key stakeholders Regulatory bodies and government e. Initiatives and interventions include: Renewable UK, the trade body for the UK wind and marine energy industry, has a published Health and Safety Strategy with the vision of being a leading enabler in the delivery of an expanding UK wind, wave and tidal sector free of fatalities, injuries and work related ill-health.

Safety and health issues The current levels of work-related injuries and occupational illness within the industry are not the driver behind this Sector Strategy with incidence rates less than those in manufacturing and construction. Legislation and regulation Ofgem operates a price control regime and issues licences to distribution network operators DNOs and transmission operators TOs.

These licences set requirements on coverage and continuity of supply and set price controls taking into consideration running and capital costs. Safety improvements requiring long-term investment will be accounted for within these costs.

Forthcoming

HSE is the health and safety regulator for the bulk of the industry with the exception of offices and call centres where local authorities regulate.

HSE will work with other regulators to address any conflicting priorities which will have impact upon the health and safety of those who work in the industry.

Strategic regulatory and sector approach The electricity sector, in terms of overall current health and performance, is considered to be a lower risk sector 1. The sector comprises of a number of mature and well placed intermediaries. Many of these players already have established mechanisms for delivery improvements, such as the electricity network and generation industry Powering Improvement initiative.

HSE will support industry in delivering the aims of this strategy through joint working with stakeholders.

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Whereas general proactive inspection is not justified in this sector, reactive HSE investigation and enforcement will remain. Through the life of the strategy there may be specific exceptions where proactive inspections may be identified as necessary.

Rapid move toward a low-carbon economy with associated changes in electricity use and generation Recent novel technologies and new risks Potential for small-scale catastrophic events with multiple on-site fatalities Large-scale infrastructure updating and replacement programme will need workers with the appropriate skills.

Existing energy infrastructure — generation and distribution — may be operated beyond its original design life Challenges to ensure continued safe operation, e. The arrival of new technologies and new entrants combined with government energy policy has resulted in many new and smaller players, increased subcontracting and fragmentation of supply chains Reaching these new and smaller businesses through stakeholders and trade associations could become more challenging An increase in workers from non-UK based companies to install and commission the new technologies is also likely There will be leadership and design supply chain challenges as design standards and safe working practices require development Competence challenges will exist both for those directly employed in the sector and those monitoring the work and competence of contractors Government energy policy and the regulatory arena: This industry is working within a complex and rapidly changing government policy and regulatory arena economic, environmental and safety issues — risk of conflicting priorities as the technologies are rolled-out and embedded With clear non-safety performance targets to be met there are risks safety could be compromised or be seen as a barrier to reaching these targets.There are six major players (EDF, RWE npower, lausannecongress2018.com, Scottish and Southern Energy (SSE), ScottishPower and Centrica) that operate across two or more of the four subsectors and account for 60% of total employment in the industry.

Well‐Justified Business Plan • Ofgem has set out in detail what the plan should contain • The submitted plan should have been subject to and reflect.

1 1. Introduction Chapter Summary This chapter outlines the purpose of this paper and its link to our RIIO-T1 assessment letter. A key part of RIIO is for companies to develop a well-justified business plan.

A science presenter, writer, speaker & former TV host; author of The Skeptic's Handbook (over , copies distributed & available in 15 languages). The purpose of this annex Our business plan totals over 1, pages and this annex is designed to aid navigation.

It identifies This document is identical to the version that we published in June as part of our well-justified business plan. Ofgem Business Plan Templates Section 1 Expenditure 11 Business plans & proportionate.

ofgem well justified business plan

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Ofgem well justified business plan – An intelligent person essay