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RIIO-2 2021 - 2026

Ofgem announced its final determinations of our Gas 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

Previous RIIO information

Over the past 3 years, you've engaged with us to help us build the business plan that we submitted to Ofgem. We would like to thank you for your insights and contributions. We want to be as transparent as possible so have provided a historical record of all everything that we've published.
 

Business plan - video introduction

In this video, Nicola Shaw, Executive Director for National Grid and David Wright, Director of Electricity Transmission, talk through our business plan.

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Business planning (RIIO)

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

RIIO-2 business plan - supporting videos

These videos provided context and highlights of the business plans that we submitted to Ofgem before their final determinations.

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How you shaped our business plan

Over the last few years, we carried out our most extensive ever engagement exercise to understand your priorities and future requirements.

Contact us

Have any questions or comments? Get in touch and we'll come back to you.

Email us