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Decision on strategy for the next transmission price control - RIIO-T1 Tools for cost assessment

Decision on strategy for the next transmission price control - RIIO-T1 Tools for cost assessment Overview: This is the first transmission price control to reflect the new RIIO (Revenue = Incentives + Innovation + Outputs) model. RIIO is designed to drive real benefits for consumers; providing network companies with strong incentives to step up and meet the challenges of delivering a low carbon, sustainable energy sector at a lower cost than would have been the case under our previous approach. RIIO puts sustainability alongside consumers at the heart of what network companies do. It also provides a transparent and predictable framework, with appropriate rewards to promote timely investment in the networks. Link

RIIO - a new way to regulate energy networks

RIIO - a new way to regulate energy networks Britain needs rewiring in a smarter way to ensure secure and sustainable energy supplies for consumers. Ofgem has introduced a new performance based model “RIIO” to set price controls to ensure consumers pay a fair price for this vital investment. Link

Smart Grid...

Plug into the smart grid Click the link this is worth a look.

Nasa Warns Of Super Solar Storm 2012

interstellar energy cloud

Dr. Dmitriev is talking about the Carrington Effect which can knock out electrical power and all modern forms of communications world wide for months on end, even years. When that happens, global anarchy and mass looting will soon begin as the food chain will become paralyzed/crippled in modern countries, while water shortages will quickly become a threat to our very survival because electricity is what runs the pumps that gets the water to our homes and offices. If you are not prepared prepared to be self efficient for one to two years, then you and your family will be at risk of dehydration and starvation during a time when drinking water, food and toilet paper will be more valuable then money itself.

Reuters Video: Top News

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