Electricity System Operator incentives 2015-17: Final Proposals
Consultation
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
Publication date
Closing date
Company
Industry sector
Generation and Wholesale Market
Related consultations
Decision
This document sets out our final proposals for a two-year incentive scheme for the electricity System Operator (SO), to be put in place from 1 April 2015 to 31 March 2017. Under our proposals the incentives placed on the SO would be based on the existing framework.
The current incentive scheme provides a robust framework which protects the interests of consumers. It achieves this through the use of financial incentives which promote economic, efficient and coordinated action by the system operator.
Under the 2015-17 scheme we aim to secure targeted improvements to the existing framework. We want to use our learning from application of the current scheme to make improvements to some of the newer incentive arrangements which we put in place. We will also consider whether there is a need for increased transparency of actions taken by the SO and the modelling used to set a scheme target.
Respond name
Leonardo Costa