Statutory Consultation on funding National Grid Electricity plc's preparatory costs for Electricity Market Reform
Consultation
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
- Publication date
- Closing date
- Industry sector
- Generation and Wholesale Market
- Decision
This statutory consultation, which closes on 9 April 2014, sets out our decision for funding the costs that NGET incurs as it prepares to deliver its proposed roles in EMR.
We are of the view that allowing NGET to recover its preparatory costs before formally taking its proposed roles in EMR is appropriate and in the interests of consumers.
We are taking several steps to protect consumers, including ensuring we can ‘claw back’ the funded costs if NGET do not get the role or otherwise reconcile the costs that are funded against the actual efficient and economic incremental incurred costs.
To allow NGET to recover these costs we propose amending NGET’s licence. The licence condition is set out in the notice.
Respond name
Martin Rodgers