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Consumer Value

We will have unlocked around £3 billion of consumer benefits by 2026 through delivery of our commitments.

We estimate the consumer benefits of our RIIO-2 activities at around £3 billion. You can find out more about our cost-benefit analyses in ‘Annex 2’ of our RIIO-2 Business Plan. This estimate includes the benefits of the existing commitments listed under the ‘Clean Power’ and ‘Decarbonised Energy’ priorities.

The main NESO deliverables under this priority are a balancing costs strategy, initiatives to increase market participation and technology modernisation.

Our commitments

The technical detail of these commitments can be found in the 'Introducing NESO’ appendix.

Our existing commitments:

  1. We will remain focused on optimising balancing costs by implementing our Balancing Costs Strategy out to 2030 and beyond

  1. We will open new opportunities and removing barriers for all market participants, reducing costs for consumers

  1. We will make our data available and open through our data portal

  1. We will create a Data Catalogue, which will provide visibility of Energy System Data across government, the regulator, and industry

  1. We will deliver the technology modernisation needed to transform our control centre operations

Our new commitments:

  1. We will proactively explore, model and produce energy insights on topics which will be of most value to consumers, government and industry in driving forward progress on decarbonisation

  1. We will deliver a data sharing infrastructure pilot and minimum viable product

  1. We will launch the first tender for early competition in onshore electricity transmission networks

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Our governance