Published Date: 09 Apr 2020

Sectors:
  • Electricity & Gas Icon
    Electricity & Gas

PR4 Implementation Reporting and Incentives

The PR4 Reporting and Incentives Framework – CER/18/087, was published by the CRU in May 2018. The framework sets out twenty decisions for improving reporting and incentives arrangements, covering the totality of the activities undertaken by TSO, TAO and DSO/DAO on behalf of current and future customers and market participants. The overall objective of the framework is to ensure that network companies are focussed on:

 

  • delivering better outcomes for customers,
  • using innovation to deliver services more efficiently, and
  • meeting key national strategic objectives.

 

Monitoring and reporting give visibility to what each company is delivering and improves accountability. Incentive mechanisms go a step further by attaching additional financial rewards or penalties to specific reported measures of performance. Data generated through reporting and incentives helps to inform the more detailed cost assessments and forecasts involved in future price reviews, and ongoing regulatory scrutiny. They are, therefore, important instruments through which the CRU seeks to protect the interests of customers.

 

This web page includes decisions arising from the PR4 Reporting and Incentives Framework, i.e.:

 

  • The new Key Performance Indicators (KPI) framework, against which the TAO’s performance will be assessed regarding its role in contributing to investment planning and delivery.
  • The new Balanced Scorecard Framework (BSF), against which the TSO’s performance will be assessed regarding its role in transmission network investment planning and delivery.
  • The TSO/TAO Mechanism to Enable Short-Notice Adjustments to Outage Plans.
  • The TSO’s Strategic Incentives Indicators 2019, against which the TSO’s performance over 2019 is to be assessed.
  • The TSO’s Strategic Incentives Indicators 2020, against which TSO’s performance over 2020 is to be assessed. This paper includes an annex on the TSO’s performance against targets over 2019.
Contact Name:
Esther Fructuoso Márquez
Contact Email:
EFructuoso@cru.ie

2020

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CRU20120 Decision Paper on the TSO's proposed Strategic Incentives Indicators 2020

Round 1

2020

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CRU20047 Decision Paper on the TSO's proposed Strategic Incentives Indicators 2019

2020

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CRU20047a TSO's submission of its Strategic Incentives Indicators for 2019

2020

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CRU20038 Information paper on the TSO-TAO Mechanism to Enable Short-Notice Adjustments to Outage Plans

2020

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CRU20039 Information Paper on the Balanced Scorecard Framework for Assessing the TSO Performance on Investment Planning and Delivery

2020

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CRU20039a TSO Submission re the Balanced Scorecard Framework for Assessing its Performance on Investment Planning and Delivery

2019

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CRU19150 Key Performance Indicators for Assessing TAO Performance for Project Delivery

2018

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Reporting and Incentives under Price Review 4 - Decision Paper

2018

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ESBN response PR4 Implementation Consultation Response - SUBMITTE...

2018

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Reporting and Incentives under PR4 - EirGrid Response to CRU Cons...

2018

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S and C response to CRU consultation on Reporting and Incentives ...

2018

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Bord Gais Energy (BGE) response Reporting and Incentives under PR4 consultation submitted