This letter provides an update on the Integrated Transmission Planning and Regulation (ITPR) project following our emerging thinking consultation in June 2013. It sets out the priorities and next steps.

It also explains how our work on regulating transmission that connects generation outside of Great Britain relates to our wider ITPR project, including our work on interconnection.

A key focus of our work on the ITPR project will be further consideration of the regulatory options for future interconnection investment, which we intend to consult on in spring 2014.

We then intend to consult on initial conclusions on ITPR, together with an initial draft Impact Assessment, in summer 2014.