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RIIO-2 Strategic Innovation Fund – informal consultation on licence conditions

Publication type:
Consultation
Publication date:
Closed date:
05 May 2021
Status:
Closed (with decision)
Topic:
Gas distribution

In our RIIO-2 Final Determinations, we set out our decision to introduce the Strategic Innovation Fund (SIF) for the Electricity System Operator, Electricity Transmission, Gas Transmission and Gas Distribution sectors.

The SIF is intended to support network innovation that contributes to the achievement of Net Zero, while delivering real net benefits to network companies and consumers; and to promote the increased alignment of Net Zero-related innovation so that activities appropriately funded by energy consumers are coordinated with activities funded by Government.

The purpose of this informal consultation is to seek stakeholder views on a set of draft licence conditions that are required to implement the SIF.

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