RIIO-ET1 Directions for the Annual Iteration Process November 2019
Decision
Publication date
Industry sector
Transmission Network
The Gas and Electricity Markets Authority is required to direct the revised PCFM Variable Values used in the Annual Iteration Process and the value of the term MOD, produced as a result of that process for each licensee by 30 November.
These are the Directions issued under the Special Conditions of the electricity transmission licence for the Annual Iteration Process which took place by 30 November 2019 for the RIIO-ET1 Price Control Financial Model.
A separate financial model containing the full set of calculations has been published alongside these Directions and is available from the related links section.