Decision on the RIIO-ED1 Green Recovery Scheme
Decision
The current RIIO price control for electricity distribution (RIIO-ED1) runs from 1 April 2015 to 31 March 2023. In February 2021 we published an Open Letter on the Green Recovery Scheme. This Scheme is aimed at accelerating low regrets, shovel ready network investment under the remainder of the RIIO-ED1 period to stimulate economic recovery and support faster delivery of decarbonisation benefits for consumers, while supporting Government’s climate change ambitions.
Following a call for evidence exercise and period of stakeholder engagement, each of the Distribution Network Operators (DNOs) brought forward investment proposals under the Scheme for our assessment and this document sets out our decisions on these.