Authority Direction on the Electricity System Operator’s financial incentive for 2018-19
Decision
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Transmission Network
The Electricity System Operator (ESO) published a report on 7 May containing final evidence of its performance over the regulatory year in its End of Year Report to the Gas and Electricity Markets Authority for the 2018-2019 incentive period.
In June, the ESO Performance Panel convened to assess the ESO’s performance for the 2018-19 regulatory period. Following this, the Authority has reviewed the End of Year Report and has considered the ESO Performance Panel’s recommendation and other monitoring and stakeholder evidence to decide on a financial incentive value. This letter sets out the Authority’s decision on the financial incentive value for the ESO for 2018-19.