As part of the RIIO price controls we introduced the Electricity Network Innovation Competition (NIC).
The Electricity NIC is an annual opportunity for electricity network companies to compete for funding for the development and demonstration of new technologies, operating and commercial arrangements. Funding will be provided for the best innovation projects which help all network operators understand what they need to do to provide environmental benefits, cost reductions and security of supply as Great Britain (GB) moves to a low carbon economy. Up to £70m per annum is available through the Electricity NIC.
The 2018 Competition
The submission deadline for this year’s Initial Screening Process will be 29 March 2018. Submissions should be sent to email@example.com
Before making submissions, licensees should review the NIC Governance Document.