In order to utilise the opportunities for renewable energy generation in Wales a system of anticipatory investment in grid infrastructure needs to be created and implemented urgently. In the government response to this report, we request further information on the nature of the changes to Ofgem’s powers and the timeline for this to be implemented. The UK Government should also conduct a review with Ofgem of the impact of the current price control mechanism on the level of anticipatory investm...
In order to utilise the opportunities for renewable energy generation in Wales a system of anticipatory investment in grid infrastructure needs to be created and implemented urgently. In the government response to this report, we request further information on the nature of the changes to Ofgem’s powers and the timeline for this to be implemented. The UK Government should also conduct a review with Ofgem of the impact of the current price control mechanism on the level of anticipatory investment in grid infrastructure across the UK. (Paragraph 143) Strategic planning of the Network Type: conclusion | Number: 30 | Response status: under_consideration Government response: The significant opportunities in Wales for renewable energy generation will make a key contribution to the UK Government’s net zero target. The Government is supportive of the work that Ofgem is doing to ensure that its network price control is more forward- looking and enables strategic investment