Consultation on the RIIO-1 close-out methodologies for the Electricity System Operator
- Consultation status:
- Closed (with decision)
- Publication date:
- Closed date:
- Topic:
- Energy network price controls
- Industry sector:
- Transmission Network
Decision:
The RIIO-1 price control for the Electricity System Operator (ESO) ran from 1 April 2013 until 31 March 2021. Within this framework, there were several cost areas which, due to their uncertain nature, could only be finalised once all costs are known. As a result, at the end of the RIIO-1 price control, some elements need to be settled (or subject to “close out”) now that all the relevant information is available. We are proposing methodologies that will enable us to close out the ESO's RIIO-1 price control.
We welcome views from all stakeholders on our suggested approach outlined in the consultation by 8 March 2022.
Respond name
Luke Jones