Decision on the enduring regulatory framework for NESO
- Content:
- Decision
- Publication date:
- Topic:
-
Electricity transmissionElectricity distribution
- Industry sector:
- Distribution Network,
- Transmission Network
- Licence type:
- Electricity System Operator Licence,
- Gas System Planner Licence
We have decided on our enduring regulatory framework for National Energy System Operator (NESO), commencing with the business plan cycle from 1 April 2026.
We have introduced changes to NESO’s regulatory framework in phases. Under this phased approach, we have decided on critical changes for ‘Day 1’ of NESO and wider changes to our performance incentives framework for the business plan period commencing 1 April 2025 and ending 31 March 2026 (BP3). This was the last business plan cycle within the RIIO-2 framework.
We have now decided on a more enduring regulatory framework for NESO, commencing with the business plan cycle from 1 April 2026. This will be the third stage in our phased approach to implementing NESO’s regulatory framework and the first period following the end of the RIIO-2 framework.