Decision on assessment of IFA, BritNed and Nemo Link’s pilot project and interim period cost recovery submissions under the Capacity Allocation and Congestion Management (CACM) Regulation
Decision
Publication date
Company
Industry sector
Transmission Network
Licence type
Electricity Transmission Licence
This document sets out our decision on the assessment of IFA, BritNed and Nemo Link’s pilot project and interim period cost recovery submissions. These submissions relate to costs that were incurred in connection with historic obligations set out under the European Commission Regulation (EU) 2015/1222 on Capacity Allocation and Congestion Management (the “CACM Regulation”). The amounts in this decision which have been determined as efficiently incurred, reasonable and proportionate will be recovered through the 2021 cycle of Transmission Network Use of System (“TNUoS”) charges.
On the 30 August 2019, we decided on the approach to cost sharing and cost recovery under the CACM Regulation. That decision allowed for the recovery of efficiently incurred, reasonable and proportionate development and operational costs through TNUoS payments for both the pilot project period and the interim period.
Following the submissions of pilot project and interim period costs from IFA, BritNed and Nemo Link, we have carried out a cost assessment and consulted upon our minded-to position in our consultation published on 1 December 2020. This document sets out our final decision on the amounts of pilot and interim period costs determined as efficient, reasonable and proportionate, and therefore allows IFA, BritNed and Nemo Link to recover these costs through the 2021 cycle of TNUoS charges.