Direction to modify the ET1 PCFM for use in AIP 2017

Decision

Following the notice which Ofgem issued on 12 September 2017, under Part B of Special Condition 5A of the Electricity Transmission Licence, this direction modifies the ET1 Price Control Financial Model (PCFM).

This is the version of the model we will use for the Annual Iteration Process (AIP) which is planned to take place by the 30 November 2017.