On 9 July, UK energy regulator Ofgem published its draft determination for gas distribution networks, transmission companies and the electricity system operator for the RIIO-2 price control period which starts in April 2021. 

A consultation on the allowed returns methodology for electricity distribution networks followed on 30 July. 

Allowed equity returns will be roughly halved on a like-for-like basis and with reduced scope for our performance, key credit metrics will be pressured.
 

Join Simon Wilde and Akshay Kaul of Ofgem and Moody’s analysts to discuss:
  • Regulatory priorities for RIIO-2
  • How has Ofgem balanced the interests of customers and creditors in the context of achieving net zero?
  • Financeability assessments and the outlook for ratings
Speakers
  • Simon Wilde – Senior Financial Adviser, Ofgem
  • Akshay Kaul – Director, Networks, Ofgem
  • Phil Cope – Assistant Vice President, EMEA Infrastructure Finance
  • Neil Griffiths-Lambeth, Associate Managing Director, EMEA Infrastructure Finance (Moderator)

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches