DNOs are left to determine this combination themselves. Keeping the lights on SSE is involved in the generation, transmission, distribution and supply of electricity, in the production, storage, distribution and supply of gas and in other energy services. You can join the webcast by visiting www. If you continue, we’ll assume you are happy for your web browser to receive all cookies from our website. In fulfilling this core purpose and implementing this strategy, SSE has three long-term objectives: We continue to work with Ofgem and the other TOs on the format of the survey Gas Transmission s RIIO-T1 business plan 19 22 Customer satisfaction continued The following table outlines the key deliverables in relation to the customer satisfaction output, how it will be funded and our anticipated investment over the RIIO-T1 period.
SSE uses adjusted earnings per share 1 to monitor financial performance over the medium term, because it defines the amount of profit after tax that has been earned for each Ordinary share. SSE is committed to supporting the communities in which we live and work. This is likely to remain the case, with significant costs expected to be added to bills in the second half of this decade through the continuing impact of government-sponsored environmental and social policies. Very High – the solution will impact on processes and systems within the business, requiring substantial intervention, including. Gas Transmission s RIIO-T1 business plan 15 18 Reliability and availability continued The following table outlines the key deliverables in relation to the reliability and availability output, how it will be funded and our anticipated investment over the RIIO-T1 period. You can control the non-essential cookies in your browser settings and using the 3rd party links.
The energy markets in GB and Ireland are undergoing technological, regulatory and demographic changes. We will endeavour to act on what you tell. The DNO cost savings should be passed on to consumers who are investing in the rollout. As SSE stated in its IMS, the uncertainty associated with any constitutional change represents increased legislative and regulatory risk, of which SSE has to take account in making decisions. In addition, there are other assets such as onshore wind farms which present, through disposal, opportunities to release capital to support future investment.
As they are currently configured, the projects represent potentially up to 4,MW net of offshore wind farm capacity for SSE.
SSE has therefore reduced its energy prices in Great Britain and, unlike some companies, is also passing sss savings to customers on fixed and capped price tariffs.
For Ofgem, the potential savings form the smart meter rollout and smart grids are a welcome boon as it seeks to exert what little control it can over spiralling energy costs, and offer consumers a speedy return on investment.
In particular, SSE does not plan to extend its commitment to the projects until it has achieved sufficient confidence in the viability of the wider UK offshore wind sector.
SSE believes that its price freeze also provides an opportunity for it see work constructively with legislators, regulators, consumer bodies, customers and other stakeholders to secure practical changes that will benefit energy bill payers now and in the future.
RIIO-ED1: Ofgem challenges DNOs to shave £bn from eight-year business plans – Utility Week
Ofgem says the companies have failed to take proper account of these savings: Undertaking a value programme to ensure SSE is well-positioned for the future. Since the publication of the ‘provisionally affordable’ list bbusiness projects under the Final Investment Decision Enabling for Renewables announced by the UK government earlier this year, SSE has undertaken a wide ranging review of its offshore wind development portfolio current ownership stake in brackets: Dan also advised GrDF on a number of strategic issues including the use of benchmarking and the potential benefits of their common operation with ERDF.
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Because the Planning Act is relatively new, the effect it will have on major projects is not yet fully known. Focusing on adjusted earnings per share 1 SSE uses adjusted earnings per share 1 to monitor financial performance over the medium term, because it defines the amount of profit after tax that has been earned for each Ordinary share.
Networks – meeting the needs of customers now and in the future. SSE is currently confirming which of its electricity generating units are potentially eligible to take part and assessing its development portfolio to confirm eligibility also.
Dan has also worked extensively for National Grid on issues including managing the impact of interconnector ramping in the future, the design and implementation of a Network Development Plan, and the evolution of network security standards to facilitate wind integration. DNOs are privately saying these savings are over-stated. DNOs have been sceptical about the benefits of the rollout since it was decided that suppliers should lead it — a different model to the location-by-location approach led by networks in other countries.
Shareholders have either invested directly in SSE or, as owners of the company, enabled it to borrow money from debt investors. Your Telephone Number required. Slide 9 Model features 4 The Uncertainties parameters data block includes: The Control worksheet is where Users can select the data to be used. We forecast that growth on our network will continue to be largely driven by demand from customers for new connections to new buildings.
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Submission to Ofgem on electricity networks’ RIIO-ED1 business plans – Home
It is also consistent with SSE being part of the solution to meeting the energy needs of customers in Great Britain and Ireland. Despite the changes to the Warm Home Discount and ECO announced in Decemberenergy bill payers are still expected to meet significant and increasing costs resulting from environmental and social policies and schemes such as the nationwide roll-out of smart meters.
SSE supports the introduction of a Capacity Market inbelieving it to be essential to support the retention of, and investment in, electricity generation plant.