Nexus Action: provide a view on what has, or has not, been included within the current Price Control...
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Nexus Action: provide a view on what has, or has not, been included within the current Price Control allowance. Our view: Broad scope of Project Nexus has long been known, including reforms to settlements and potential inclusion of iGTs;

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Our view

Nexus Action: provide a view on what has, or has not, been included within the current Price Control allowance.

  • Our view:

    • Broad scope of Project Nexus has long been known, including reforms to settlements and potential inclusion of iGTs;

    • Project Nexus costs were included within submissions to RIIO GD1 and allowed for;

    • Focus of individual mods should be on ongoing funding rather than set-up costs;

    • A review of Xoserve costs will be undertaken if reforms of its Governance, Funding and Ownership proceed – opportunity to consider Nexus costs for services/functions originally out of scope and/or not reasonably foreseen as part of RIIO submissions


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