Decision for electricity System Operator incentives from April 2017 - Modification of Standard and Special licence conditions of the transmission licence
Licence modification
Publication date
Company
Industry sector
Generation and Wholesale Market
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These documents set out our decision to modify National Grid’s licence to introduce a one-year interim incentive scheme for the electricity System Operator (SO) to be put in place from 1 April 2017 to 31 March 2018 and establish a new regulatory framework for Black Start.
Under the 2017/18 scheme we aim to secure targeted improvements to the existing framework as well as to introduce new incentives around demand forecasting and pilot a mechanism for the SO and TO to exchange funds.