Strategic Objective Review

Our strategic objective since 2010, encompassing the current price control period, has been to enable the transition to the low carbon economy. We have measured our success against this objective by the connection of new renewable generation of all scales and technologies to either the distribution or transmission network. We believe we have been successful in achieving this objective by working closely with customers and communities and, where cost-effective, using new technologies, deploying new ways of working and instigating industry change.

During 2017, we began work to review of our strategic objective. This was motivated by the ongoing changes in the energy sector and questioned whether our current objective was consistent with the requirements for the transition to cleaner economic growth for now and looking forward to 2025 and beyond. More broadly, we wanted to understand if customers' expectations from the energy networks were changing and, if so, what customers thought we should be focused on.

A summary of our engagement and research approach, the methodology for development of the strategic objectives, how stakeholders have been essential and influential in the development and the methods of engagement used is provided in our report, Engaging on our Strategic Objective. The report also provides a summary of the findings from the review and how these have been captured in our four strategic themes that will define our RIIO-T2 business plan.