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Boom and bust: Are regulatory cycles fit for purpose?
Regulatory frameworks in the utilities sector often create cycles of peaks and troughs in investment, resource planning and delivery, making it increasingly difficult for the supply chain to commit to long-term workforce planning, innovation, and sustainability. Misaligned electoral cycles, regulatory price review timelines and the long‑term horizons needed for major infrastructure projects are creating competing priorities that make planning increasingly uncertain for the industry. In the face of enduring challenges such as climate change, technological advancement and infrastructure resilience, this raises a fundamental question: is the current model still fit for purpose?
- To what extent are UK politics and election cycles creating different priorities and impacting UK infrastructure investment and delivery?
- How can government and industry better align visions to enable mobilising workforce for action?
- How can regulators, utilities and the supply chain collaborate to provide more long term certainty in a time of constrained resources?
- How can government and industry better align visions to mobilise the workforce for action?
- How do regulatory price control cycles affect innovation investment needed for net zero and broader sustainability advancements?
Chair
James Wallin, Editor - Utility Week
Panel
Steve McMahon, Director for Network Price Controls - Ofgem
Sara Habib, Head of Future Price Controls - National Grid
Kate Kendall, Director, Major Projects - Ofwat
Chairperson
