Decision on changes to the standard conditions of the electricity interconnector licence, the electricity interconnector licences held by Nemo Link and NGIL and the electricity transmission licence held by NGET

In August 2016 we conducted a statutory consultation on proposed changes to the standard conditions of the electricity interconnector licence, the electricity interconnector licences held by Nemo Link Limited and National Grid Interconnectors Limited as well as the electricity transmission licence held by National Grid Electricity Transmission Plc. These changes were required in order to implement the cap and floor regime and NGIL’s use of revenues compliance related provisions.

Following consideration of responses to the consultation, we have decided to proceed with making these licence changes.  Licence modification decision notices have been published alongside this decision letter.