Consultation on Associated Documents to the proposed NESO licences – regulatory framework documents
- Consultation status:
- Closed (with decision)
- Publication date:
- Closed date:
- Topic:
-
Electricity transmission
- Industry sector:
- Transmission Network,
- Distribution Network
Decision:
Related links
- National Energy System Operator (NESO) licences and other impacted licences: statutory consultation
- Decision on the Electricity System Operator Reporting and Incentives Arrangements: Guidance Document for 2023-2025
- Decision on Amendments to BP2 ESO Roles Guidance
- Decision on the funding of the transition to a Future System Operator
- Consultation on the policy direction for the Future System Operator’s regulatory framework
We are consulting on proposals for three Associated Documents (ADs) that would be established under National Energy System Operator’s (NESO) proposed new licences:
- the Independent System Operator and Planner (ISOP) Roles Guidance
- the Independent System Operator and Planner Reporting and Incentives (ISOPRI) Arrangements Governance Document
- the FSO Transition Funding Governance Document
We plan to introduce changes to NESO’s regulatory framework in phases. Under this phased approach, we are consulting on critical changes for ‘Day 1’ of NESO as soon as the organisation goes live. We plan to consult on broader changes to implement a more enduring regulatory approach at appropriate later points (including prior to the 31 March 2025, when the current ESO business plan period ends, and prior to the 31 March 2026, when the RIIO-2 price control ends).
We welcome views from stakeholders on these documents and our proposed changes by 5 July 2024.