Regen's key messages on RNP
RNP needs greater coordination and clarity
Regen welcomes the progress made under Reformed National Pricing and believes the programme contains many of the right ingredients to deliver a cleaner, more efficient and more strategically planned electricity system. However, the challenge now is delivery.
Across the various strands of RNP – including siting levers, locational charging, constraints management, balancing reform and Contracts for Difference – we see a common need for greater coordination between DESNZ, Ofgem and NESO. While individual reforms may be sensible in isolation, stakeholders need a clearer picture of how they fit together to deliver the intended future energy system.
Strategic planning should guide siting decisions
In our response to DESNZ's siting levers consultation, we broadly support the government's preferred direction of travel and the increased role for strategic planning in guiding investment decisions.
We believe the SSEP should provide the foundation for locational signals across the wider policy framework, including the connections regime, locational charging and investment support mechanisms. While competition and flexibility remain important, siting levers should ultimately work together to support delivery of the strategically planned system rather than operate as competing sources of direction.
Consumer outcomes must remain central
For Regen, a recurring theme throughout RNP is the need to maintain a clear focus on outcomes for consumers. While strategic planning, market design and network reform are important, the success of the programme will ultimately be judged on whether it delivers a lower-cost, more secure and lower-carbon electricity system. Affordability and the principles of a just transition must therefore remain central.
Regen supports reforms that reduce system costs, improve operational efficiency and accelerate investment, while cautioning against unnecessary complexity or governance arrangements that risk slowing delivery.
