In this episode, George Potter, Finance and Modelling Manager at SP Energy Networks, and Antonios Katris, Senior Research Fellow at the Centre for Energy Policy, discuss Ofgem’s call for business plans from the UK’s major gas and electricity network operators.

They explore how these plans aim to secure sufficient revenue for running and investing in networks that deliver efficiently on customer priorities, whilst withstanding the ever increasing demand on electricity. The conversation highlights SP Energy Networks’ commissioning of CEP to provide independent research assessing their proposed £12bn investment and the wider economic impacts.

This episode offers insights into the intersection of energy regulation, investment planning, and economic analysis.

Links to further reading:

* Read Ofgem’s RIIO-3 Draft Determinations (published 1 July 2025)

* Read CEP’s briefing on SP Energy Networks’ business plan

* Read CEP’s full report on SP Energy Networks’ business plan

* Read SP Energy Networks’ RIIO-T3 business plan

* George Potter

* Dr Antonios Katris

The Centre for Energy Policy at the University of Strathclyde works to ensure that transitions to mid-century net zero targets deliver sustainable and more equitable prosperity.

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Music credit: Arturo Gonzalez (@arturibus)

Audio engineer: Richard Hill

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit centreforenergypolicy.substack.com