I joined Energy Networks Association (ENA) in April and have been impressed with the pace the project team work to – this year alone committing to delivering 30 products.
Now in its fifth year, the Open Networks project has helped the UK become a global leader of renewable energy. By implementing and standardising electricity and gas companies’ processes and practices where possible, the UK’s energy networks are powering the ultimate goal of achieving net zero carbon emissions by the year 2050.
One of our key priorities is supporting network companies in unlocking the full potential of their networks by transitioning to Distribution System Operators (DSO). This future network model entails creating a smarter and more flexible network, but one that continues to be safe, reliable and affordable for customers. With supply and demand patterns shifting, building a smarter, more accessible and flexible energy system will help the UK energy networks reach Net Zero at the lowest cost for consumers, whilst driving innovation and facilitating new products, jobs and industries.
As part of this work, an important, but often overlooked, area is understanding the potential risks associated with this transition. Introduced in 2019, the Open Networks project maintains a detailed Risk Register entitled the ‘Conflicts of Interest and Unintended Consequences’ register – and it’s aim is exactly what it describes: to further understand and investigate potential conflicts of interest and unintended consequences. The risks are identified through in-depth workshops with insight and experience from a team of experts, industry specialists and other stakeholders.
This means that we can:
- Provide full transparency of any activity taking place within Open Networks and by DNOs
- Identify and track mitigating actions needed to ensure a fair marketplace that delivers the best outcomes for consumers
- Ensure our (or third party) activities don’t lead to any unfavourable outcomes – in particular for vulnerable customers.
Regular updates by risk owners are critical to mitigating the risks effectively and transparently. Continued stakeholder input is also key for helping us shape the register - it’s vital we work together with the whole industry to understand any conflicts/unintended consequences, identify appropriate mitigation measures, monitor progress made on these measures and provide industry visibility of this. And, as with all of the Open Network project’s outputs, it is open for comments and input from all on ENA’s website.
In response to risk owner and stakeholder feedback we’ve recently made some changes to the register so that it’s more accessible and easier to use. These include:
- Introducing colour-coded heatmaps, enabling stakeholders and risk owners to prioritise the risks and monitor progress more easily
- Separating broader systemic risks from more actionable risks – so the latter now fit on one page
- Moving to six-monthly updates, rather than quarterly, with an interim heatmap-focused refresh
- Reviewing and communicating interactions with DSO implementation plans
- Flagging risks that could have impacts on vulnerable customers.
On the latter, vulnerable customer impacts continue to be a priority so we are also engaging more with ENA’s Customer & Social Issues Group to monitor and advise them on this.
Finally, we will be hosting a refresher workshop on Wednesday 4 August 10-11.30am. This is an opportunity for both risk owners and stakeholders to receive an update on how the register has evolved, its importance to the success of the Open Network project and the DSO implementation plans, and ways of engaging with the register. An update on the latest structural changes will be provided together with a practical run through from ENA's product team leads - including me. You can register for this on our events page.
About us
Energy Networks Association (ENA) is the industry body representing the energy networks. Our members include every major electricity network operator in the UK. The electricity networks are at the heart of the energy transition. They directly employ more than 26,000 people in the UK, including 1,500 apprentices. They are spending and investing £33bn in our electricity grids over the coming years, to ensure safe, reliable and secure energy supplies for the millions of homes and businesses reliant on power every day.
Press contacts
You can contact ENA's press office by emailing press@energynetworks.org. For urgent or out-of-hours enquiries from journalists, please call 0204 599 7691.