Ofgem RIIO framework

SSEN Transmission, a subsidiary of SSE, plans to invest at least £22 billion ($28 billion) in grid infrastructure between April 2026 and March 2031.   The proposed investment aligns with the Revenue = Incentives + Innovation + Outputs (RIIO) framework established by energy regulator Ofgem.  SSEN Transmission has submitted its business plan, emphasizing the need for…