Electricity transmission
Business Plan Guidance for NESO
Related links
- Business Plan Guidance for NESO: decision
- Decision on NESO’s performance incentives framework for BP3
- Consultation on NESO Business Plan Guidance
- ESO Business Plan: Guidance Document
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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.
Main document
[NESO Business Plan Guidance Document [PDF, 310.61KB]
](https://www.ofgem.gov.uk/sites/default/files/2024-11/NESO_Business_Plan_Guidance_Document.pdf)
Related links
- Business Plan Guidance for NESO: decision
- Decision on NESO’s performance incentives framework for BP3
- Consultation on NESO Business Plan Guidance
- ESO Business Plan: Guidance Document