Cadent Annual Innovation Summary 2023-24

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Welcome

We continue to deliver great innovation. Our Annual Summary 2023/2024 takes us through our innovation delivery for the third year of RIIO-2. We have continued to work closely with the Energy Networks Association (ENA) and our colleagues in the other energy networks to ensure collaboration and ensure our work weaves into the approved innovation strategy. The NIA and SIF provide regulated funding opportunities which we aim to maximise. If a ‘good idea’ can provide benefits to the business, our customers, and align with our strategy, then our network innovation leads will take these forward. We strive to deliver innovation and recognise the changing landscape of future energy across the world. Our priorities have not changed in the last year; we continue to drive and support the UK’s energy transition; we seek innovations to support customers in vulnerable situations as well as driving operational innovations to improve our efficiency. David Goldsmith Head of Process and Innovation

We strive to deliver innovation and recognise the changing landscape of future energy across the world.

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