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The Office of Gas and Electricity Market (Ofgem) has implemented RIIO (setting Revenue using Incentives to deliver Innovations and Outputs) for the incentive-based regulation (IBR) covering the gas and electricity transmission and distribution network in Great Britain (England, Wales, and Scotland). The RIIO model puts the customer in the middle of...

As global economies grow manifold, people's standards of living will rise, challenging traditional utilities' business models. Global Mega Trends are disruptive forces that have far-reaching impact on several industries including power utilities. As a result, it is essential for utility companies to adopt a well-balanced strategy, strengthen existi...

Over the last decade, the development of renewable energy installations across many countries has surged. Given the stochastic nature of renewable energy sources, some countries are tackling the challenges of integrating larger shares of renewables into their power grid systems. This global market insight looks into some of the best practices adopt...