Decision on SP Transmission Limited's submission to the 2015 Innovation Rollout Mechanism application window
Decision
Publication date
Industry sector
Transmission Network
We have decided to award SP Transmission Plc (SPT) funding for the project under the Innovation Rollout Mechanism (IRM), and this document sets out our reasons why.
SPT has applied to use the IRM to deploy a new type of conductor on parts of its network to increase capacity. The alternative is to completely rebuild sections of network. It estimates the total cost of the work as £44.5m, and is seeking £24.28m in funding from the IRM.
The IRM is there to help realise proven innovations that will provide long-term value for money to consumers, before the next price control period. To qualify for it, the innovations must deliver carbon and/or environmental benefits.