Statutory Consultation on Proposed Licence Modifications to NGET’s Special Conditions
Consultation
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
Publication date
Closing date
Industry sector
Generation and Wholesale Market
Decision
In our April 2014 consultation , we set out how we would assess NGET’s allowances, outputs and incentives required to deliver its roles under Electricity Market Reform (EMR) from August 2014 to March 2021. These would be set using the RIIO price control model. We proposed to:
- Make provisional allowances of £5m for the first 20 months of operation – August 2014 to March 2016, provided NGET meets the timetable for submitting its full EMR business plan.
- Show how NGET should prepare a well-justified business plan for EMR delivery and how we would treat the costs under RIIO-T1. We suggested that NGET should submit three scenarios within its plan to cater for the uncertainties of planning for a new role.
- Show changes in the licence and Financial Handbook so NGET can recover EMR delivery body costs from customers.
This statutory consultation sets out how we propose to modify special licence conditions to enable NGET to recover EMR costs from consumers. We are also outlining changes to the Financial Handbook to reflect the licence changes.
Respond name
Martin Rodgers