Wednesday, 6 October 2010

Ofgem to review gas and electricity grid charges

Ofgem is to undertake a comprehensive review of gas and electricity grid
charges to ensure that a consistent approach is adopted for both.

Alistair Buchanan, Ofgem's chief executive, said that the so-called Project
TransmiT will consider whether the way in which grid costs are shared
between users needs reforming.

As a first step Ofgem will be seeking views on the scope and priorities for
the review. Initial proposals will be published in spring 2011 with a
decision on taking the proposals forward to follow in the summer.

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