End-Scheme decision on the Electricity System Operator's performance 2021-2023
Related links
ESO call for evidence 2021-23: End of scheme review
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In April 2021, we introduced the RIIO-2 price control for the Electricity System Operator (covering the period between 2021-26). We introduced a pass-through funding approach, supported by incentives to deliver value for money. The incentives framework runs over a two-year period (aligning with the business plan period). We evaluate the ESO’s combined performance on outputs and costs, across three distinct roles and the incentives provide the ESO with additional returns where the ESO has delivered exceptional performance.
This is Ofgem's final decision on the ESO's performance during BP1, with financial implications attached to the scores.
Main document
[End of BP1 Decision on Electricity System Operator Performance 2021-2023 [PDF, 361.65KB]
Subsidiary documents
[Direction on the ESOs financial incentive for BP1 [PDF, 69.19KB]
Related links
ESO call for evidence 2021-23: End of scheme review