Electricity System Operator Regulatory and Incentive Framework from April 2018
- Consultation status:
- Closed (with decision)
- Publication date:
- Closing date:
- Industry sector:
- Generation and Wholesale Market
- Related consultations:
- Future arrangements for the electricity system operator: its role and structure
Decision:
Related links
- Future arrangements for the electricity system operator: its role and structure
- Future arrangements for the electricity System Operator: the regulatory and incentives framework
- Future Arrangements for the Electricity System Operator: Working Paper on the Future Regulatory Framework
- Statement on the future of Electricity System Operation
This consultation letter set out our Minded to Position for the Electricity System Operator regulatory and incentive framework from April 2018.
Our proposals represent a material change from the previous approach. They aim to encourage the ESO to more proactively identify how it can maximise consumer benefits across the full range of its activities. Our proposals include an updated set of principles for the ESO; a requirement to develop forward plans with industry; the regular reporting of performance metrics; the introduction of a new ESO Performance Panel; and a move towards a broader, more evaluative financial incentive.
Respond name
David Beaumont