UK watchdog to review gas and electricity transmission price controls
LONDON, May 12 (Reuters) - Britain's electricity regulator has launched a review into the price controls set for electricity and gas transmission by grid operator National Grid (LSE: NG.L - news) .
"Following our consultation in November, Ofgem has today decided to launch a mid-period review into the 2013-2021 price controls which will be limited to National Grid Electricity Transmission and National Grid Gas Transmission," Ofgem said on Thursday. (Reporting By Susanna Twidale. Editing by Jane Merriman)