Responding to today's announcement, Lawrence Slade, Chief Executive of Energy Networks Association (ENA) which represents the UK's electricity network operators said:
"The next price control framework must support and enable long-term investment while allowing flexibility to adapt as needed. Today’s decision can lay the groundwork for the government's clean power mission. To deliver cleaner, secure energy supplies will mean upgrading and, in some cases, building new infrastructure and in turn this will unlock jobs and multi-million-pound supply chains. We're committed to working with Ofgem to grasp that challenge and will be reviewing the detail of today's announcement over the coming weeks. The ability to continue to attract and retain investment is vital to success.”
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.