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How we're performing under RIIO-2
Our RIIO-2 Business Plan

Breadcrumb

  • Our Strategy
  • Our RIIO-2 Business Plan

From April 2021 new RIIO-2 price controls will determine the amount we can earn for the projects we deliver and the services we provide.

On this page, you will find our performance reports, which form part of our evaluative incentive scheme.

RIIO-2 highlights
  • RIIO-2 Business Plan
  • How we're performing under RIIO-2
  • Previous plans and documents
Learn more about RIIO-2
  • Get involved with our planning
  • ESO RIIO-2 Stakeholder Group (ERSG)
  • Sign up to our mailing list
Related pages
  • Operability Strategy
  • Markets Roadmap to 2025
  • NOA Pathfinders

What is an evaluative incentive scheme?

Under the ESO’s evaluative incentive scheme, a Performance Panel scores how well we have delivered the objectives set out in our RIIO-2 business plan.

Our regulator, Ofgem, then converts these scores into a financial reward or penalty.

The RIIO-2 framework divides the ESO’s activities into three roles:

  • Role 1: Control centre operations

  • Role 2: Market development and transactions

  • Role 3: System insight, planning and network development

The reports on this page perform part of the evaluation process, and provide a transparent summary of our activities.

NGESO - Man reads documents with glowlines

2021-23 18-Month Report

Our 18-Month Report sets out what we have delivered over the period of April 2022 to September 2022.

18-Month Report

Performance documents 2021-23

2022-23 Reporting2022-23 Ofgem and ESO meeting minutes2021-22 Reporting2021-22 Ofgem and ESO meeting minutes

2022-23 Reporting

Name
ESO April 2022 Monthly Reporting
ESO May 2022 Monthly Reporting
ESO June 2022 Quarterly Reporting
ESO July 2022 Monthly Reporting
ESO August 2022 Monthly Reporting
ESO 18-Month 2021-23 Reporting
ESO October 2022 Monthly Reporting
ESO November 2022 Monthly Reporting
ESO December 2022 Quarterly Reporting
9

2022-23 Ofgem and ESO meeting minutes

Name
Ofgem Meeting Minutes - April 2022 Performance
Ofgem Meeting Minutes - October 2022 Performance
Ofgem Meeting Minutes - May 2022 Performance
Ofgem Meeting Minutes - June 2022 Performance
Ofgem Meeting Minutes - July 2022 Performance
Ofgem Meeting Minutes - August 2022 Performance
6

2021-22 Reporting

Name
ESO April 2021 Monthly Reporting
ESO May 2021 Monthly Reporting
ESO June 2021 Quarterly Reporting
ESO July 2021 Monthly Reporting
ESO August 2021 Monthly Reporting
ESO Mid Year 2021-22 Evidence Chapters
ESO Mid Year 2021-22 Executive Summary
ESO October 2021 Monthly Reporting
ESO November 2021 Monthly Reporting
ESO December 2021 Quarterly Reporting
ESO January 2022 Monthly Reporting
ESO February 2022 Monthly Reporting
ESO Mid Scheme 2021-23 Evidence Chapters
ESO Mid Scheme 2021-23 Executive Summary
14

2021-22 Ofgem and ESO meeting minutes

Name
Ofgem Meeting Minutes - April 2021 Performance
Ofgem Meeting Minutes - May 2021 Performance
Ofgem Meeting Minutes - June 2021 Performance
Ofgem Meeting Minutes - July 2021 Performance
Ofgem Meeting Minutes - August 2021 Performance
Ofgem Meeting Minutes - September 2021 Performance
Ofgem Meeting Minutes - October 2021 Performance
Ofgem Meeting Minutes - November 2021 Performance
Ofgem Meeting Minutes - December 2021 Performance
Ofgem Meeting Minutes - January 2022 Performance
Ofgem Meeting Minutes - February 2022 Performance
11

How we report on our progress

The Performance Panel assesses our performance according to five criteria: 

  1. Plan Delivery (completing the activities set out in the Delivery Schedule)

  2. Metric Performance (please refer to the metrics set out by Ofgem in annex 1 of the ESORI guidance)

  3. Stakeholder Evidence

  4. Demonstration of Plan Benefits

  5. Value for Money

In line with Ofgem’s ESORI guidance, we publish a report on this page every month. The reports vary in their contents and significance: 

Monthly reports

Monthly

(17th working day)

An update on monthly Metrics and Regularly Reported Evidence, and notable events.

We also publish the minutes of our monthly performance meetings with Ofgem

Quarterly reports

Q1: 17th working day of July

Q3: 17th working day of January

In addition to the above, Quarterly reports also provide an update on quarterly Metrics and Regularly Reported Evidence.

We also publish an updated Deliverables Tracker on a quarterly basis

Mid- year reports

17th working day of October

In addition to the above, Mid-year reports also provide an update on six-monthly Metrics and Regularly Reported Evidence, as well as information to support our performance in relation to Stakeholder Evidence, Demonstration of Plan Benefits, and Value for Money.

Mid-scheme and End of scheme reports

7 May

In addition to the above, these reports also provide an update on annual Metrics and Regularly Reported Evidence

The Performance Panel scores the ESO’s performance every six months, and Ofgem will decide on our financial reward at the end of the two-year “Business Plan 1” period (in summer 2023). 

See the latest updates from Ofgem on their website

Recent reports

National Grid ESO - RIIO 2 project progress tracker - Car driving on country road between fields

RIIO-2 Deliverables Tracker

Download the Deliverables Tracker to see the latest status of the projects we're delivering under RIIO-2.

Download document
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Previous documents

See all performance documents which support the evaluative incentive scheme which existed under the Forward Plan, which ran from 2018-21.

Previous documents

You may also be interested in:

Office phone and desk at night

Our RIIO-2 Business Plan

Our ambitious RIIO-2 business plan, led by stakeholders, sets out the crucial role we will play in the transition to a zero carbon energy system. Find out more.

National Grid ESO - RIIO 2 business plan forward plan sign post - Aerial view of solar panels in field

Forward Plan

Before RIIO-2, there was the Forward Plan. See historic documents from 2018-2021.

National Grid ESO - National Grid ESO RIIO 2 events alerts - boy with paper airplane

Stay up to date

Be the first to hear when a report is published and sign up for our Incentives alerts.

National Grid ESO
© National Grid 2023

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