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Decision on the Modification of National Grid Electricity Transmission Plc’s Electricity Transmission Licence - Updating Incentive Performance in Past Incentive Schemes

Decision

Publication date

29 March 2016

Company

National Grid Electricity Transmission Plc National Grid Electricity System Operator Limited

Industry sector

Generation and Wholesale Market

Decision for

Final Proposals for Updating Incentive Performance in Past Incentive Schemes and Statutory Consultation on Proposed Licence Changes
Initial Proposal for Updating Incentive Performance in Past Incentive Schemes

These documents detail the Authority’s decision to adopt the proposed Modification of National Grid Electricity Transmission's (NGET) Electricity Transmission Licence to allow NGET to correct historical errors to determine accurate reward or penalty payments in past Incentive Schemes.

Main document

Decision on the Modification of National Grid Electricity Transmission Plc’s Electricity Transmission Licence - Updating Incentive Performance in Past Incentive Schemes

Subsidiary documents

Modification of special condition 4C of the electricity transmission licence held by National Grid Electricity Transmission plc