Ofgem sets out electricity distribution blueprint

Ofgem has set out a blueprint for the next electricity distribution price control which it said would lay the foundations for decarbonisation of the economy.

The regulator said the next price control period starting in April 2028 covers a “pivotal period” in the pathway to a clean power system by 2030.

The five-year investment period to 2033 aims to help unlock unprecedented investment to expand access to clean and affordable power across Great Britain.

Steve McMahon, Ofgem Director for Network Price Controls, said: “The local electricity distribution grids are central to the Government’s clean power mission and the wider transition to net zero, enabling the decarbonisation of heat, transport and industry.

“The scale of the opportunity is clear, and it is vital we take a new strategic regulatory approach, enabling more planned, proactive investment in network capacity whilst ensuring speedier and more efficient connections of new technologies."