Determination under Part D of Special Condition 4F (SpC 4F) of National Grid Electricity Transmission plc’s Transmission Licence – Outage Cost Adjusting Event for 2016/17
Decision
Publication date
Company
Industry sector
Generation and Wholesale Market
The Gas and Electricity Markets Authority (the Authority) has considered the Notice submitted by National Grid Electricity Transmission Plc (NGET) under Part B of SpC 4F on 30 June 2017. The Notice set out the proposed income adjustment for 2016/17, resulting from no outage change costs being incurred.
The Authority agrees with the notice and determines that the allowed income adjustment (IONTt) for relevant year t (2016/17) should be -£1,394,653.36.