The ESO Performance Panel (the Panel) plays a central role in the ESO’s regulatory and incentive framework. It challenges the ESO’s plans before the start of the year, evaluates the ESO’s performance after six months (the mid-year review) and then performs an end year assessment.
We are publishing this report as the secretariat for the Panel, detailing the Panel’s end of year assessment of the ESO’s performance for the 2019-20 regulatory period. This report reflects the views of the Panel, not Ofgem.
This Panel report forms a recommendation to Ofgem on the ESO’s performance. We will use this recommendation alongside other evidence collated throughout the year to determine a financial reward / penalty for the ESO worth ±£30m.