Business Plan Guidance for NESO

Guidance

We have issued this guidance to NESO on 8 November 2024 under:

  • Part D of Condition G1 (Business Plan) of the Electricity System Operator Licence
  • Part D of Condition G1 (Business Plan) of the Gas System Planner Licence

About this guidance

NESO must submit a Business Plan for its third business plan cycle (BP3). BP3 starts on 1 April 2025 and ends on 31 March 2026.

The guidance outlines:

  • key dates for submission and determinations of the Business Plan
  • an overview of the Business Plan process
  • what should be included in the Business Plan
  • how long the business plan cycle is
  • how we will assess the Business Plan and create a plan determination
  • the processes for engagement with stakeholders, including any consultations

Who this guidance is for

This guidance should be used by NESO to submit their Business Plan for BP3.