Electricity Networks Incentives & Reporting Information Paper - 2023Electricity Networks Incentives and Reporting Information Paper 2023The CRU has today published the Electricity Networks Incentives and Reporting Information Paper 2023.
This Information Paper sets out the CRU's assessment of EirGrid and ESB Networks (network companies) performance against the PR5 Incentive and Reporting framework in 2023.
It also sets out the CRU's final decision on financial rewards and penalties for each incentive.
The CRU has allowed an overall incentive reward of €5.22m (2019 prices) for ESB Networks in its role as Distribution System Operator.
The CRU has allowed an overall incentive reward of €1.16m (2019 prices) for EirGrid in its role as the Transmission System Operator.
The CRU has allowed an overall incentive reward of €6m (2019 prices) for ESB Networks in its role as Transmission Asset Owner.
This is the first year the CRU is publishing a standalone Information Paper on the network companies' performance.
The CRU will continue to promote and enhance transparency in network companies' performance throughout the remainder of PR5 and as it develops PR6.
#J-18808-Ljbffr