National Grid to be stripped of £277.5m by Ofgem

National Grid to be stripped of £277.5m by Ofgem
02 April 2017, Sweetcrude, London — Ofgem plans to claw back £277.5 million from National Grid Gas Transmission’s (NGGT’s) RIIO-GT1 allowance. The proposal comes as part of mid-point review within NGGT’s eight-year price control. In a statement, Ofgem said the reduction should be made because NGGT no longer needs to provide capacity for importing gas […] More »
National Grid to be stripped of £277.5m by Ofgem National Grid to be stripped of £277.5m by Ofgem Reviewed by Crude Oil Facilitators on 11:16 Rating: 5

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