The second annual Network Options Assessment (NOA) recommends £83m to be invested this year on major projects in the GB electricity transmission system.
The 2016-17 NOA has now been published.
National Grid issues the NOA as part of its System Operator (SO) role. The NOA describes the major projects considered to meet the future needs in GB’s electricity transmission system, and recommends which investments in the year ahead would best manage the capability of the GB transmission networks against the uncertainty of the future.
Every year, National Grid re-evaluates the current options for meeting the GB’s future electricity transmission network needs. The NOA makes recommendations based on this analysis and represents the System Operator’s conclusions about the optimal strategy for the Transmission Owners to develop these projects.
The SO analysed almost 90 potential projects suggested by the Transmission Owners at all stages of development, from concept to delivery.
They found that 17 would require an investment decision this year if they were to be delivered in their optimum year. They recommend investing £83m to advance 14 of those projects and delaying the investment decision on the remaining three projects.
The NOA represents a balance between asset investment and network management to achieve the best use of bill payers’ money. How the future energy landscape could look is uncertain, and the System Operator’s recommendations help ensure the GB transmission network is fit for the future.
“The System Operator recommends investment for this year to allow for the potential delivery of important projects that may be required in the future,” said NOA lead Gareth Jenkins. “This will ensure that the networks can continue supporting the transition to the future energy landscape in an efficient, economical and coordinated way.”
We recommend that members of the public read the NOA. The NOA is now available to read here.
The NOA is part of a wider series of documents on the future of energy from National Grid.