Decision for electricity System Operator incentives from April 2017 - Modification of Standard and Special licence conditions of the transmission licence
Licence modification
- Publication date
- Industry sector
- Generation and Wholesale Market
These documents set out our decision to modify National Grid’s licence to introduce a one-year interim incentive scheme for the electricity System Operator (SO) to be put in place from 1 April 2017 to 31 March 2018 and establish a new regulatory framework for Black Start.
Under the 2017/18 scheme we aim to secure targeted improvements to the existing framework as well as to introduce new incentives around demand forecasting and pilot a mechanism for the SO and TO to exchange funds.