#88 Reform Update - Part 2: Demand Reform and Code Mods

Pete Aston is joined by Nikki Pillinger and Alex Ikonic for a fast-moving look at Demand Reform and several Code Modifications in progress. HV asset ownership: strong industry support for new ownership routes - either a class exemption or an Independent Transmission Owner (ITO) license. NGET is now consulting demand customers on whether they'd want to own High Voltage (HV) assets, potentially as part of some Gate 2 Phase 2 offers, with a fuller Ofgem consultation expected in autumn CURATE pillar: Ofgem is weighing financial mechanisms and new milestones to keep only viable projects in the demand queue, with a consultation due within about a month CMP417: would bring demand cancellation securities in line with generation; final report due to Ofgem imminently, decision expected by end of summer CMP470: a new project commitment fee for oversubscribed technologies, rising to £25k per megawatt at maximum; consultation closed 30 June CMP460/DCP461: deciding how Super Grid Transformer costs are charged — a second industry vote produced no clear consensus, so the decision now sits with Ofgem Recorded: 25 June 2026 This content was recorded on an earlier date. The connections landscape changes rapidly, so please treat any facts, figures, and guidance as a point-in-time view and verify current information before relying on it. Our links: Website: https://roadnighttaylor.co.uk/ Newsletter sign up: https://roadnighttaylor.co.uk/newslet... Follow us on LinkedIn:   / roadnight-taylor-ltd   Find if we fit at [email protected]