Electricity System Operator Incentives 2011-13: Income Adjusting Events Determination
Decision
Publication date
Company
Industry sector
Generation and Wholesale Market
This document sets out the Authority's determination on the income adjusting event notices submitted to Ofgem by National Grid Electricity Transmission (NGET) on 28 June 2013. The Authority has determined that the overall income adjustment will be £7.3 million after application of the 25 per cent scheme sharing factor.
Following this income adjustment NGET’s final scheme position will change from -£50 million to -£48.7 million. This will increase balancing services use of system (BSUoS) charges by 0.12 pence/MWh. NGET will reflect these changes to BSUoS charges through its scheme final reconciliation run.