Game or be gamed? Opportunities and risks for investors in shovel ready developments and owners of existing generation and storage schemes under the new grid connection charging regime game – the Significant Code Review (SCR)
Summary:
Webinar #4 in a series of 4
This webinar was recorded in January 2023 to look at Ofgem’s Significant Code Review, as it stood at the time. That review has since concluded, so please treat any facts, figures, and guidance here as a historical reference rather than current guidance, and verify current information before relying on it. We’re keeping it as part of our archive of insight into electricity connections policy and reform.
You’ll find links below to more recent articles on grid connections topics.
The 1 April 2023 charging boundary changes under Ofgem’s Significant Code Review (SCR) for electricity network reinforcement works, provided for investors in shovel ready developments and owners of existing generation and storage schemes with tactical and strategic choices – each with significant implications for cost, timescale, feasibility and project-rights valuations.
At the dawn of this new world, the success of developers relative to their competitors reflected which plays they did and didn’t make under the new rules.
On this webinar with Q&A, Nikki Pillinger and Pete Aston – two of our Connectologists® – helped identify the opportunities, risks, and how to come out on top.
Links to blogs mentioned in the webinar:
What is the difference between network reinforcement and network extension?
