Decision to approve changes to Southern Electric Power Distribution plc’s Low Carbon Networks Fund project “I²EV - Innovation-squared: managing unconstrained EV connections”
- Content:
- Decision
- Publication date:
- Topic:
- Energy network price controls, Innovation, Electricity distribution
- Industry sector:
- Distribution Network
This letter explains the reasons for amending Southern Electric Power Distribution’s (SEPD’s) Project Direction for the I²EV project. Our decision removes a restriction on SEPD’s use of certain funds and amends the Project Direction to reflect SEPD’s acceptance of the financial risk associated with any subsequent failure to meet the provisions of 8(i) and 8(ii) of the Project Direction.