RECENT PUBLICATIONS
SOCIAL VALUE: MOVING ON FROM THE GREEN BOOK
REPORT FROM THE INFRASTRUCTURE FORUM
HM Treasury’s Green Book needs updating to capture a better assessment of the social value of infrastructure projects
In terms of attempting to measure the economic benefits and social costs of projects, things have moved on since the Green Book was designed. We recommend that government establishes an expert working group to design a clearly written, up to date model to assist those putting forward proposals.
The report sets out six ways to improve the Green Book approach and shows how the Social Value Act could be amended to require public procurers to introduce the new approach.
IDEAS AND POLICY ADVICE
BEIS CONSULTATION ON THE RAB MODEL FOR NUCLEAR
RESPONSE FROM THE INFRASTRUCTURE FORUM
The Infrastructure Forum's RAB Working Group has submitted its response to the BEIS Consultation on the RAB Model for Nuclear.
The Working Group, comprised of experts in infrastructure finance with particular knowledge of the RAB model, UK regulatory framework and delivery of greenfield projects, considered questions posed by the consultation on the structuring of the model as well as broader Critical Success Factors necessary for setting up an investable nuclear RAB.
Particular focus was given to: the incentive mechanisms which facilitate the delivery of Value for Money for consumers, investors, the project developer and Government; ensuring a robust and credible Economic Regulatory Regime; the investability of the model; importance of a sustainable supply chain; and political support for a UK new nuclear programme.
UPCOMING POLICY DISCUSSIONS
TIF ADVISORY COUNCIL MEETING WITH NICK SMALLWOOD, CEO OF THE INFRASTRUCTURE & PROJECTS AUTHORITY
MONDAY 27 JANUARY 2020
Nick is the former Vice President for Projects Engineering and Chief Project Engineer at Shell. He has 37 years experience of managing complex project portfolios and developed Shell's global project academy.
Nick's arrival brings an experienced project leader into the heart of government with a focus on deliverability and ensuring that government infrastructure investment is delivered on time and on budget.
The start of the new year will provide an excellent opportunity to explore government investment and spending plans in the infrastructure space with Nick, together with The Infrastructure Forum's work on the infrastructure finance review and on project deliverability and procurement.
FIBRE UPDATE, DINNER DISCUSSION WITH MIKE MCTIGHE
TUESDAY 11 FEBRUARY 2020
In February 2019 the Forum held a very successful dinner to explore challenges and opportunities facing all those involved in the rollout of fibre broadband in Britain, under the chairmanship of Sir John Armitt, Chairman of the National Infrastructure Commission and led by Mike McTighe, Chairman of Openreach.
Clearly the subject remains highly significant for the national economy and with a number of recent developments, it is important to continue the discussion and help to chart a way forward after the Election.
We are delighted to announce that Sir John Armitt and Mike McTighe have once again agreed to chair and lead the discussion respectively.
ENERGY POLICY - OUTLOOK FOR 2020
FEBRUARY 2020 - DATE TO BE CONFIRMED
Martin Cave OBE, Chair of Ofgem, will address a roundtable in February 2020 concerning Ofgem's plans for the new year
The start of the new year provides the perfect opportunity to discuss the wide range of energy issues currently on the agenda.
These include, the costing of the Net Zero target, the follow up to the various consultations issued instead of the Energy White Paper and whether Ofgems's current statutory powers are fit for purpose in the context of the RAB for new nuclear.
HARTWELL HOUSE 2020
THURSDAY 02, FRIDAY 03 JULY 2020
The dates for The Infrastructure Forum's annual Hartwell House Infrastructure Policy Summit have now been confirmed as Thursday 02 and Friday 03 July 2020
More details will follow
