Energy Networks Ring-fence Review consultation
- Publication type:
- Consultation
- Publication date:
- Last updated:
- Closed date:
- Status:
- Closed (with decision)
- Topic:
- Electricity distribution,
- Gas transmission,
- Gas distribution,
- Electricity transmission
We are seeking views on our proposals to increase the financial resilience of energy networks.
Details of outcome
In November 2025 we published a consultation on proposed modifications to the ring fence licence conditions for gas and electricity networks. We think it is important we ensure networks are fit for purpose now and remain so as the environment changes.
After carefully listening to and considering the feedback received, we have set out our policy conclusions and the purpose and benefits of any changes. We also need to further consult on the associated licence modifications.
Read the full outcome
Original consultation
Consultation description
In April 2025 we formally kicked off the energy network review of the ring-fence, as we think it is important we ensure networks are fit for purpose now and remain so as the environment changes. This consultation proposes a set of financial resilience measures to ensure consistency across sectors and to strengthen the ring-fence licence conditions which should benefit consumers and investors alike.
Who should respond
Energy network licensees and other interested parties.
All updates
1 July 2026 added decision document and non-confidential responses.