RIIO-2 Non-operational IT Capex Re-opener 2024 Draft Determination: NGET
Summary
Ofgem draft determination on NGET's RIIO-2 non-operational IT capex re-opener application. Assesses whether National Grid Electricity Transmission should receive additional funding for IT systems beyond the original RIIO-2 settlement.
Why it matters
Re-opener decisions adjust the allowed revenue that NGET can recover from users during the price control. Determines how much additional network investment consumers fund.
Areas affected
Related programmes
Memo
RIIO-2 Non-operational IT Capex Re-opener 2024 Draft Determination: NGET | Ofgem Please enable JavaScript in your web browser to get the best experience. BETA This site is currently in BETA. Help us improve by giving us your feedback . Close alert: RIIO-2 Non-operational IT Capex Re-opener 2024 Draft Determination: NGET Publication type: Consultation Publication date: 7 March 2024 Closed date: 5 April 2024 Status: Closed (awaiting decision) Topic: Energy network price controls Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn As part of the RIIO-2 price control, network companies can apply for additional allowances via the Non-Operational Information Technology Capex Re-opener uncertainty mechanism. In September 2023, we received an application from National Grid Electricity Transmission plc (NGET) for additional allowances via this Re-opener. We are now consulting on our Draft Determination and Draft Direction for this application. Respond name Rebecca Taig Respond email rebecca.taig@ofgem.gov.uk Main document RIIO-2 Non-operational IT Capex Re-opener 2024 Draft Determination: NGET [PDF, 394.83KB] Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Close