RIIO-3: What It Means for UK Businesses and Energy Costs
The UK’s energy networks are entering a new phase of transformation with RIIO-3 (Revenue = Incentives + Innovation + Outputs) — Ofgem’s third performance-based price control framework. Running from 1 April 2026 to 31 March 2031, RIIO-3 will shape how energy network companies operate, how much revenue they can recover, and ultimately how much businesses and consumers pay for energy. At Flame Energy, we’re keeping a close eye on these changes so our clients can prepare for the impact.
The Nuclear Regulated Asset Base (RAB): What It Means for Your Energy Bills
The UK government is making major investments in nuclear power as part of the journey towards net zero. One of the biggest projects in development is Sizewell C, a new nuclear power station in Suffolk. To make this possible, the government has introduced a new funding mechanism called the Nuclear Regulated Asset Base (RAB) model – but what does this mean for businesses and consumers?