SSEN to Appeal UK Regulator's Price-Control Settlement
By Adriano Marchese
SSE PLC said Tuesday that the Scottish and Southern Electricity
Networks will appeal certain elements of Ofgem's price control
settlement to the Competition and Markets Authority.
The FTSE 100 energy company said the appeal by SSEN--the owner
of the electricity transmission network in the north of
Scotland--is technical and narrow in scope.
The appeal will focus on areas where the decision by the Office
of Gas and Electricity Markets, a U.K. energy regulator, doesn't
reflect the evidence provided throughout the price control process,
alongside material errors in the decision, it said.
"Our appeal raises technical but very important issues that we
are asking the CMA to correct," Managing Director of SSEN
Transmission Rob McDonald said.
Write to Adriano Marchese at email@example.com
(END) Dow Jones Newswires
March 02, 2021 09:40 ET (14:40 GMT)
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