Notice under Part B of Special Condition 5A of each Electricity Transmission Licence

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Transmission Network

As part of the RIIO-ET1 Price Control we are publishing a Consultation Notice under Special Condition 5A of the Electricity Transmission Licence, to modify the ET1 Price Control Financial Instruments for each of the Electricity Transmission Licence Holders: National Grid Electricity Transmission plc; Scottish Power Transmission Ltd; and Scottish Hydro Electric Transmission plc.

The intended modifications are summarised in the Notice. The intended modifications to the ET1 Price Control Financial Instruments are detailed in Appendices 1-3 of the Notice, which consist of:

  • Appendix 1 An Oak report setting out the modifications to the PCFM
  • Appendix 2 A copy of the modified PCFM
  • Appendix 3 A modified Financial Handbook

We consider that the intended modifications would not be likely to have a significant impact on persons mentioned in paragraph 5A.4 of Special Condition 5A, for reasons stated in the Notice.

Please respond by 15 August 2014.

This consultation has closed and was not progressed further.

Respond name

Gareth Wu

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