When Ofgem makes changes to key energy network charges, what will this mean for your business location, your Triad management arrangements and any embedded generation?
These were a few of the queries raised by businesses taking part in our webinar last week on proposed reforms to network charges and network access.
Representatives from some of the UK’s largest companies were among the 125 participants who joined us for the event, which focused on Ofgem’s Reform of Access and Forward Looking Charges Reform proposals.
There was so much engagement that the Q&A session lasted longer than the actual presentation by our network charging experts.
Forward-looking charges under review
As the name suggests, this Ofgem review is looking at the forward-looking element of network charges – specifically Transmission Network Use of System (TNUoS) charges for National Grid, and Distribution Use of System (DUoS) charges for local Distribution Network Operators.
The way in which users access the network is also under consideration.
You can access a recording of this popular webinar here.
Answering questions from large consumers
You’ll also be able to hear our experts answer a wide range of questions including:
- Will my network costs change depending on the location of my business within the UK?
- I have typically saved costs using Triad management, will the proposed changes mean that I can no longer be flexible with my assets?
- How do you expect to see TNUoS charges applied following these changes? Is a p/unit or capacity charge more likely?
- How can I find out if my sites are in demand or generation dominated areas at the moment?
- Do you think this review is an enabler in allowing DNOs to switch to DSOs – or does it cause extra complexity for them and the end users who are trying to be flexible?
Biggest-ever charging shake up
Together with a wider Targeted Charging Review, which is looking at the residual element of network charges, these proposed Ofgem reforms represent the biggest-ever shake up of network charges since market start up.
We’ve covered the main points of both in our recent More changes to network charges on the way and Ofgem preparing for major network charges shake up blogs.
Access webinar and new Cost Predictor tool for free
You can also listen to the webinar here. And we’ll keep you posted once we know more about the direction these changes are likely to take.
In the meantime, if you want to know more about how much your energy is likely to cost in the future, you can get a personalised forecast at our www.energy-hq.co.uk/costpredictor/ site, along with suggestions of how best to make savings.