Direction under NGET’s licence to award additional funding and to add a new Re-opener application window
- Publication type:
- Licence modification
- Publication date:
- Topic:
- Electricity transmission
- Industry sector:
- Transmission Network
- Licence type:
- Electricity Transmission Licence
The RIIO-2 Non-operational IT Capex Re-opener allows for adjustments to National Grid Electricity Transmission Plc’s (NGET) Non-operational Information Technology Capex allowance. Between April 2021 and March 2022 we received three applications from NGET for additional allowances via this Re-opener mechanism. Having decided on the efficient level of allowances to award, we are now issuing the direction to formally adjust NGET’s RIIO-2 allowances.
We are also directing an additional period in which NGET can apply to amend its allowances for a related project.
This document directs our licence modifications.