Independent Stakeholder Group (ISG)

Engagement outputs

The Independent Stakeholder Group acts in an advisory capacity and are not a decision-making body. The group have provided valuable input throughout the development stages of our regulatory business plans as well as Ofgem’s consultation and review process. 

Ongoing role of the Stakeholder Group

ISG is a reconvened version of the ESO RIIO-2 Stakeholder Group (ERSG) that was used to help develop Business Plans 1 and 2 (BP1 and BP2). As shown in the table below, we have expanded the membership of this group to include industry expertise that will inform our new NESO responsibilities and provide a whole energy system view. 

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The group has provided valuable scrutiny and feedback as we developed the draft BP3 document, which has now been published. ISG has also supported the development of our upcoming NESO1 Business Plan, building on its earlier contributions. 

The group has met a number of times since April 2024 and was instrumental in developing the strategic priorities set out in our ‘Introducing NESO’ document.

For the NESO Enduring Framework (which covers this business plan period), Ofgem has made some changes to stakeholder feedback mechanisms to strengthen the role of stakeholder feedback and to ensure this remains a critical aspect of Ofgem’s performance assessment process. Stakeholder views on our NESO1 performance will be gathered through:​

• An Independent Challenge Panel (ICP) to replace the existing NESO Performance Panel but with a stronger focus on the collection, coordination and sharing of stakeholder feedback – this will be managed and led by industry following a remit set by Ofgem.​
• Twice yearly stakeholder surveys with the results to be discussed with the ICP. This approach will support NESO and Ofgem’s understanding of stakeholder feedback. Details of these surveys will be consulted on by Ofgem later this year.​
• Ongoing call for evidence (rather than periodic) where stakeholders can submit feedback to Ofgem on our performance at any point in the Business Plan period. ​

We will continue to run the ISG through this period and are discussing with members how we could expand the remit of the group beyond contributing to business plans. 

Meeting documents

Here you can view or download documents relating to the stakeholder group’s meetings.

Document Archive