Project Vulnerability and Energy Networks, Identification and Consumption Evaluation (VENICE)
Status:
Complete
Project Reference Number:
NIA_WPD_059
STRATEGY THEME:
  • Consumer vulnerability
START DATE:
END DATE:

Project summary
Funding Licensee(s):
  • WPD - Western Power Distribution (East Midlands) Plc
  • WPD - Western Power Distribution (South Wales) Plc
  • WPD - Western Power Distribution (South West) Plc
  • WPD - Western Power Distribution (West Midlands) Plc
Funding mechanism:
  • NIA_RIIO-1
Technology:
  • Community Schemes
  • Stakeholder Engagement
Expenditure:
£1,698,626
Third Party Collaborators:
  • Waderidge Renewable Energy Network
  • Frontier Economics
  • Frazer-Nash Consultancy
Summary
Learnings
Documents

VENICE is a customer oriented project, the benefits align to those customers who might be left behind under the energy transition, they align to effective network management post the ongoing global pandemic and ensuring value for money for customers and they align to social value. These are real matters that affect many of our customers now and are expected to affect many more in the coming years. The key issue for WPD is that there is no viable way in which to highlight and address vulnerability today.

Benefits

Benefits will accrue in :

Social Value

Non Financial in terms of reputational benefits for the industry

Consumer benefits will accrue in their participation and access to LCTs and Net Zero