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Our response to coronavirus
Find out how we're working to keep the electricity and gas flowing reliably throughout the outbreak.
UK
Our RIIO-2 business plan
Ofgem announced its final determinations of our Electricity Transmission business plan for the RIIO-2 regulatory period covering 2021 to 2026. Ofgem’s regulatory framework is known as RIIO (Revenue = Incentives + Innovation + Outputs). The RIIO model offers network companies incentives for innovation and securing investment, so they can develop sustainable energy networks at the lowest cost for current and future customers.
Final determinations
Ofgem published their final determinations on Tuesday 8 December 2020. We will be studying Ofgem's final determinations package very carefully - it covers a broad range of issues for our business.
Our RIIO-2 business plan (2021-2026)
We developed our business plan against a background of rapid change in the energy industry.
Our business planNational Grid Electricity Transmission Independent User Group
We are the Independent User Group responsible for scrutinising National Grid’s RIIO 2 business plan and challenging how they engage with stakeholders. As the Independent User Group, we represent a cross-section of the energy industry and beyond, bringing our individual expertise and experience across a broad range of energy issues.
National Grid Electricity Transmission Independent User Group