Cadent announces new Chief Regulation Officer

Feb 4 2020 corporate

Cadent has today announced, (04/02/2020) the appointment of Dr Tony Ballance as its new Chief Regulation Officer, who will join the business in April 2020.

Currently Director of Strategy & Regulation at Severn Trent, Tony will bring extensive knowledge and experience to Cadent. Tony’s leadership in managing regulation and progressing regulatory reform for the benefit of business and the wider sector will be key at this critical time in the energy industry.

“During this time of transformation and change not only for Cadent but also for the energy industry, Tony’s experience and leadership will prove invaluable in driving us forward through regulatorily periods and for the benefit of our customers.” explained Cadent’s CEO, Steve Fraser.

ENDS

Dr Tony Ballance – new chief regulation officer

Dr Tony Ballance is currently the Director of Strategy & Regulation at Severn Trent Water and has extensive experience in utility policy and regulation, since joining the company in August 2005.
Tony is also the Senior Independent Director of the National Forest Company.

Prior to this, Tony was an economic consultant in the utilities sector working as a Director for Stone & Webster Consultants and London Economics.
Prior to going into consultancy, Tony was Chief Economist, on the executive team, at the Office of Water Services (Ofwat) - where he worked for 6 years.

Cadent

Cadent is the UK’s largest gas distribution network with a 200-year legacy. We are in a unique position to build on strong foundations whilst encouraging the curiosity to think differently and the courage to embrace change. Day to day we continue to operate, maintain and innovate the UK’s largest gas network, transporting gas safely and protecting people in an emergency. Our skilled engineers and specialists remain committed to the communities we serve, working day and night to ensure gas reaches 11 million homes from Cumbria to North London and the Welsh Borders to East Anglia, to keep your energy flowing.

Future of Gas: Here at Cadent we support the Government’s plans to reach Net Zero by 2050. That means we’re backing the introduction of hydrogen as a low carbon alternative to natural gas for the future. We know people love the controllability of gas and, with our network already in place, it makes sense to switch to the lower carbon alternative offered by hydrogen, which we believe can keep homes and businesses warm for generations to come.

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