Energy Unplugged by Aurora

EP.269 – Ofgem’s Steve McMahon on Grid Investment, Faster Delivery and Net-Zero Needs


Listen Later

This week on Energy Unplugged, we’re delighted to welcome Steve McMahon, Ofgem’s Director for Network Price Controls. He joins Dan Monzani, Aurora’s Managing Director for the UK & Ireland, to unpack Ofgem’s final determinations for RIIO-3 and what the next regulatory period means for networks, consumers and investors. The discussion explores the scale of required electricity and gas network investment, how strategic planning and new procurement approaches aim to accelerate delivery, and the challenges posed by surging demand, connection queues and rising system constraints.

 

Steve leads Ofgem’s regulation of the onshore electricity and gas networks, overseeing the current price controls and the development of the RIIO-3 settlements, as well as serving as Ofgem’s Head of Scotland. He brings deep experience from senior roles across UK and Scottish Government, including in transport infrastructure and economic analysis.

 

You will learn about:

  • Why RIIO-3 marks a major step-change in network investment and planning.
  • How Ofgem is balancing delivery speed, investment viability, and consumer protection.
  • The tools designed to accelerate grid upgrades - from early-stage funding to advanced procurement.
  • The growing cost of system constraints and why timely investment is essential.
  • ...more
    View all episodesView all episodes
    Download on the App Store

    Energy Unplugged by AuroraBy Aurora Energy Research

    • 4.6
    • 4.6
    • 4.6
    • 4.6
    • 4.6

    4.6

    5 ratings


    More shows like Energy Unplugged by Aurora

    View all
    Energy Gang by Wood Mackenzie

    Energy Gang

    1,247 Listeners

    Columbia Energy Exchange by Columbia University

    Columbia Energy Exchange

    399 Listeners

    Energy Insiders - a RenewEconomy Podcast by RenewEconomy

    Energy Insiders - a RenewEconomy Podcast

    33 Listeners

    Redefining Energy by Laurent Segalen and Gerard Reid

    Redefining Energy

    128 Listeners

    Switched On by Bloomberg

    Switched On

    103 Listeners

    POLITICO Energy by POLITICO

    POLITICO Energy

    140 Listeners

    Cleaning Up: Leadership in an Age of Climate Change by Michael Liebreich, Bryony Worthington

    Cleaning Up: Leadership in an Age of Climate Change

    77 Listeners

    Volts by David Roberts

    Volts

    629 Listeners

    Catalyst with Shayle Kann by Latitude Media

    Catalyst with Shayle Kann

    267 Listeners

    Zero: The Climate Race by Bloomberg

    Zero: The Climate Race

    228 Listeners

    Shift Key with Robinson Meyer and Jesse Jenkins by Heatmap News

    Shift Key with Robinson Meyer and Jesse Jenkins

    121 Listeners

    Unhedged by Financial Times & Pushkin Industries

    Unhedged

    185 Listeners

    The Economics Show by Financial Times

    The Economics Show

    149 Listeners

    Transmission by Modo Energy

    Transmission

    11 Listeners

    Open Circuit by Latitude Media

    Open Circuit

    140 Listeners