Policy Compass
Electricity transmission

Modifications to special conditions of the electricity transmission licence held by National Grid Electricity Transmission plc

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In May 2022 we concluded on the detail of the methodologies and funding mechanisms used for the closeout of the RIIO-1 price control applicable to the electricity transmission licence held by each of the three onshore licensees.

We are now proposing to make modifications to the electricity transmission licence of National Grid Electricity Transmission plc to incorporate provisions for the purpose of implementing elements of the RIIO-T1 closeout methodology.

This notice is raised under section 11A(2) of the Electricity Act 1989.

Respond name

Anthony Mungall

Respond telephone

[0141 331 6010](tel:0141 331 6010)

Respond email

anthony.mungall@ofgem.gov.uk

Main document

[Statutory consultation on proposals to modify the Special Conditions of the Electricity Transmission Licence held by National Grid Electricity Transmission Plc to incorporate RIIO-1 closeout provisions [PDF, 546.29KB]

](https://www.ofgem.gov.uk/sites/default/files/2023-12/NGET_2023_ET1closeout_Licence_Notice_final.pdf)

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