Decision on Revenue for National Grid Electricity Transmission's (NGET) Role in Electricity Market Reform (EMR)
Licence modification
In our April 2014 consultation , we set out how we would assess National Grid Electricity Transmission's (NGET) 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:
This document sets out our decision to provide NGET with provisional allowances of £5m for the first 20 months of operation – August 2014 to March 2016. We have extended the submission date for NGET’s business plan to 12 January, 2015.