Price Controls 170: Totex - On Demand Course Material
Understand Totex and how holistic cost frameworks improve efficiency, reduce bias, and support innovation in regulated sectors.
Location
Online
Refund Policy
Agenda
1. Introduction
2. What is Totex?
3. Issues with Separate Capex/Opex Treatment
4. Why Totex?
5. Totex in Ofgem's RIIO Framework
6. Fast vs Slow Money
7. Case Study: UK Electricity DNOs (RIIO-ED1/ED2)
8. Who Uses a Totex Approach?
9. Benchmarking and Business Plans
10. Common Challenges in Totex Design
11. Summary
12. References and Useful Links
13. Quiz Questions to Test Your Knowledge
About this event
*Please note that this course is only available on demand and there is no meeting being held.**
Welcome to Price Controls 170! This course explores the Totex (Total Expenditure) approach — a regulatory innovation that integrates Capex and Opex into a single framework to neutralize investment bias and drive efficient, outcome-based planning.
Register to access a lecture video, annotated slides, a transcript, and a short quiz — all designed to deepen your understanding of how Totex works in practice and why it’s gaining ground globally.
This course offers you:📦 A clear explanation of Totex and how it contrasts with traditional Capex/Opex splits📉 Insight into fast vs. slow money treatment under RIIO models🌍 Global examples from the UK, Belgium, Portugal, and New Zealand
Don’t miss this chance to:🔍 Learn why Totex reduces Capex bias and supports innovation🧠 Understand its impact on cost recovery, risk-sharing, and incentive alignment📊 Engage with real-world benchmarking practices and plan evaluation strategies
This course is for:
- Regulatory professionals designing or evaluating cost frameworks
- Infrastructure economists and pricing analysts
- Network utility planners and finance teams
- ERRA regulators and reform-minded public officials
Register now to master Totex-based regulation and its practical implications.