Incorporating Focus on the UK Statutory Growth Duty in RIIO Business Planning and Price Control Process

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Turner, Karen and Katris, Antonios (2026) Incorporating Focus on the UK Statutory Growth Duty in RIIO Business Planning and Price Control Process. Centre for Energy Policy (CEP) University of Strathclyde, Glasgow.

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Abstract

The UK Statutory Growth Duty requires national regulators to promote sustainable economic growth under the Deregulation Act 2015. In 2024, the Duty was extended to include the energy regulator Ofgem, alongside Ofwat and Ofcom. The first test of how this requirement will impact the regulation of energy industry activity came with all electricity transmission network owners (TOs) having to explain how their December 2024 RIIO-T3 business plans could be expected to impact economic growth and jobs.

ORCID iDs

Turner, Karen ORCID logoORCID: https://orcid.org/0000-0002-1144-5019 and Katris, Antonios ORCID logoORCID: https://orcid.org/0000-0001-9352-2307;
CORE (COnnecting REpositories)