Our RIIO-2 business plan (2021-2026)
We've submitted our response to Ofgem's Draft Determinations. Find out more below:
Our letter to Ofgem
We have summarised the key points of our response into a 4 page covering letter. These points are expanded in the Executive Summary below.
Read the letter
Response: executive summary
Here you can read the key points of the response we submitted to Ofgem.
Download the executive summaryOpen Meetings
Following the publication of the Draft Deteminations, Ofgem hosted a series of nine Open Meetings to discuss company (Gas Distribution, Transmission and Energy System Operator) responses to the Draft Determinations consultation, strategically discuss key areas of contention and raise areas for clarification ahead of Ofgem’s Final Determinations. The NGET Open Meeting was held on 16 October 2020.
You can access the recordings and transcripts for all meetings.
Core Response
NGET Finance
NGET Response
Sector Specific Response
Summary of key issues and remedies
Our business plan
Over the past two years, you've engaged with us to help us build a business plan that delivers your priorities. We would like to thank you for your insights and contributions. Find out more about how you shaped our business plan.
We're pleased to publish the final business plan for the period 2021-2026, which has been submitted to Ofgem on Monday 9 December 2019.
We want to be as transparent as possible, so in addition to publishing the business plan, we'll also be publishing supporting evidence that underpins the plan to help you. You can watch our presentation about our final business plan here.
The Independent Stakeholder Group has challenged and scrutinised our plan over the past 18 months. Their report and challenge log were submitted to Ofgem.
All of this will also support you participating fully in the next phase of the price control process including responding to Ofgem’s call for evidence ahead of an open hearing on our proposals, which will take place in the Spring. More details can be found on Ofgem’s website.
Business plan - associated documents
Download the executive summary
Download Business plan erratum
There are parts of our published business plan and supporting information, which have been redacted (with black boxes). You may wish to also download the Redaction Explanatory Statements, which sets out the reasons why parts of the plan have been redacted.
Full business plan redaction explanatory statement
Supporting information redaction explanatory statement
Contact us
If you have any questions, please get in touch with us at [email protected].
Introduction to our business plan
Nicola Shaw, Executive Director for National Grid and David Wright, Director of Electricity Transmission, introduce our business plan.
View the videoWhole business plan themes
Cross-cutting themes
These cross-cutting themes relate to the whole of our plan e.g. outputs, incentives and uncertainty mechanisms
Supporting information for chapters
Stakeholder engagement
We're giving stakeholders and consumers a stronger voice through our most extensive engagement ever
Enabling the energy system of the future
Find out about our stakeholders’ key priority: ‘I want you to enable the ongoing transition to the energy system of the future’.
Easy to connect to and use the network
Find out about our stakeholders’ key priority: ‘I want you to make it easy to connect to and use your network’
A safe and reliable network
Find out about our stakeholders’ key priority: ‘I want you to provide a safe and reliable network’.
Protection from external threats
Find out about our stakeholders’ key priority: ‘I want the network to be protected from external threats’.
The environment and communities
Find out about our stakeholders’ key priority: ‘I want you to care for the environment and communities’.
Innovation
Find out about our stakeholders’ key priority: ‘I want you to be innovative’.
Transparency
Find out about our stakeholders’ key priority: ‘I want you to be transparent’
Value for money
Find out about our stakeholders’ key priority: ‘I want you to provide value for money’.
Finance
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