Our response to coronavirus

Find out how we're working to keep the electricity and gas flowing reliably throughout the outbreak.

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.

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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.

Read our statement
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Our RIIO-2 business plan (2021-2026)

We developed our business plan against a background of rapid change in the energy industry.

Our business plan

National 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