As such, the majority of our costs are increasing and a growing element of our forecast efficiencies takes the form of delivering more for the same through productivity initiatives, mitigation of upward pressures and spend to save transformation programmes, along with more traditional cost reduction methods. Publication of Supplementary Prospectus. We have therefore developed a Whole Life Value process that focuses on all the different aspects of stakeholder needs on a systematic basis. Potential Advantages of an Outsourced Service. Some highlights of the South Australia study include:
A global More information. The chart below shows the proportion of our totex costs associated with each output. Further justifying our finance proposals by: Words such as ‘anticipates’, ‘expects’, ‘should’, ‘intends’, ‘plans’, ‘believes’, ‘outlook’, ‘seeks’, ‘estimates’, ‘targets’, ‘may’, ‘will’, ‘continue’, ‘project’ and similar expressions, as well as statements in the future tense, identify forward-looking statements. EMR consultation on industry code and licence modifications Government response: Additional capability and innovative system management are therefore required to ensure the network is flexible enough to move gas quickly from where it arrives onto the system to meet the increasingly unpredictable demand. Strategic document Approved Executive Assistant to More information.
In addition, over gas transmission staff are expected to leave or retire between now and To replace these people and further grow our workforce, we anticipate that we will recruit and train almost new employees by the end of the RIIO-T1 period. In the course of developing our business plan, we held 14 workshops, talking directly to several hundred stakeholders with a broad range of interests.
The Transport Business Case We forecast we will spend 0. Emmerson Alba Condor Gold Gold analysis. Asset health As with any other type of asset, the condition, reliability and performance of our assets deteriorate with age and use.
This includes expanding our apprentice and graduate recruitment programmes as well as working with schools to encourage more children to study science, technology, engineering and mathematics. Our work in this area is underpinned by our customer commitment, which articulates for ourselves and our customers what is expected in the delivery of our services.
National Grid Gas Transmission s RIIO-T1 business plan overview
Environment Our plan delivers our environmental legislative obligations, supports the decarbonisation of the electricity sector by connecting gas fired generation plant to the NTS and reduces our impact buiness the environment. National Grid has published the summary of these riio-r1 business plans today and will be hosting a web-based conference call this afternoon to set out the highlights and provide an opportunity for investors and analysts to ask questions.
Our plan considers the needs of investors as we must ensure we can attract adequate capital to finance our growing business and deliver our agreed outputs. To generators, shippers, suppliers, network companies, consumers and their representatives, the sustainable development community, investors and other interested parties Promoting choice and value for.
The process of obtaining a connection is seen as complicated and lacking clarity regarding timescales. More comprehensive information is available in the detailed annexes that comprise our overall plan. We are proposing that our obligated lead time is reduced to 24 months for the delivery of entry and exit capacity from current timescales of 42 and 38 months respectively.
We represent over 80 members comprising generators. This, along with our role in facilitating a low-carbon future and shaping UK and European energy policy, will continue to be our core priorities.
As part of the ongoing process for agreeing price controls RIIO-T1 for National Grid’s UK gas and electricity transmission networks, National Grid has submitted to Ofgem an update to its comprehensive business plan for both businesses for the period April to March Initial views on the regulatory framework for Network Rail s system operator function PR18 working paper Working paper 3: The strategy for asset health investment is to avoid costly replacement of the nationall assets entry points, pipelines, multi-junctions, compressor stations and exit points by maintaining the reliability, performance and condition of the secondary assets.
Customer satisfaction To deliver our part in meeting the UK s climate change targets, we need to be a flexible organisation that is in tune with the market environment and with our customers. These take the form of many different types of engagement, from energy industry discussions through our Transporting Britain s Energy process to community engagement in relation to new infrastructure projects.
This group has shown that we hold a leading position in terms of operation and maintenance.
National Grid Gas Transmission s RIIO-T1 business plan overview – PDF
Start display at page:. Do you know who your talking We currently use different combinations of delivery models across our activities to optimise efficient delivery. This is all underpinned by the need to ensure affordability for consumers. Interserve and Sheffield Hallam University market research Page 2 www.
National Grid expands presence in US renewable’s. With the decline of indigenous gas supplies, the arrival of significant LNG importation terminals, greater European interconnection and the emergence of a new generation of fast cycle storage, the nature and behaviour of connected parties has materially changed.
Under the banner of Talking Networks, we have been proactively engaging with our stakeholders on topics related to our RIIO-T1 business plan. This may, for example, include putting in place a contract with a particular operator on the network.
Jochen Kreusel Chapter one: Government response to Smart Power Introduction In Octoberthe Chancellor of the Exchequer announced the creation of a National Infrastructure Commission, to produce a clear picture of the future. Europe will have an increasing effect on the UK s energy regulation and legislation in the coming years, as signalled by the development of European Network Codes.