RP7 Stakeholder Consultation WEB - Flipbook - Page 23
Further detail on each step is outlined below.
Whilst we are still working through the exact detail of our proposal, we believe this 4 step approach will enable us to provide
significant savings to our customers, as illustrated below.
Figure 7 - Savings through innovation and whole system approach7
Reference
point
Required
conventional
reinforcement
before savings
through
innovation.
7
Synergies
with asset
replacement
plan
Contracted
customer
flexibility savings
Savings through
the deployment
of the RP6
flexibility project
transitioned into
business as usual
in RP7.
Reductions
to account
for synergies
with the asset
replacement plan.
Cost of
customer
and network
flexibility
Cost to deliver
both customer
and network
flexibility solutions
over RP7.
Green recovery
savings
Price driven
flexibility savings
Network
flexibility savings
Going further,
faster
Costs removed
from RP7 plan
as some work
brought forward
to be delivered in
RP6 under green
recovery.
At no additional
cost, savings
provided by
customers
responding to
tariffs to shift
usage to the
night.
Savings through
the deployment
of RP6 network
innovation
projects
transitioned into
business as usual
in RP7.
The cost of going
further, faster,
with flexibility to
help stimulate the
market to ensure
sufficient flexibility
is available for
RP8.
Monitoring
Extensive
deployment of
monitoring as
an enabler for
flexibility and
efficient network
investment.
Ex-ante funding
request
Funding
requested in
baseline costs
in business plan,
accompanied
with a suite
of uncertainty
mechanisms.
Not to scale. Illustrative only.
RP7 Stakeholder Consultation
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