Modifications to the RIIO-ET1 Price Control Financial Model to account for Electricity System Operator separation
Decision
Publication date
Industry sector
Transmission Network
Related links
- Consent to partially transfer an electricity transmission licence held by NGET Plc to NGESO Limited
- Decision to modify the standard conditions of all electricity transmission licences
- Notice on National Grid’s allowances for the costs of implementing Electricity System Operator Separation
- ET1 PCFM with ESO Separation
On 23 August 2018, we published a Statutory Consultation on proposed modifications to the RIIO-ET1 Price Control Financial Model (PCFM), to implement the appropriate level of funding for National Grid Electricity Transmission (NGET) related to the Electricity System Operator (ESO) separation, as set out in the notice issued on 10 August 2018.
We have now consulted and decided to proceed with the proposed modifications. The modified RIIO-ET1 PCFM is published alongside this decision.
Please note that this latest version of the PCFM is not the final model for use in the 2018 AIP, which will be published in November.