Transmission Business Plan SP Transmission Successfully Fast-tracked (Jan 2012) We are pleased to announce that we have reached agreement with the Government Energy Regulator Ofgem to fund an investment plan totalling £2.6 billion pounds over the 8-year period from 2013 to 2021. This is the most significant plan in the last 70 years in the Transmission network. Our investment plan will: Create up to 1,500 new jobs in the ScottishPower Transmission licence area Connect offshore and onshore wind generation in Scotland of around 11 GW (enough to power over 6 million homes) Reduce carbon emissions by over £2 billion (equivalent to 45 million tonnes of CO2) Increase the export capacity from Scotland to England from 3.3 GW to at least 7GW Modernise the transmission network to ensure that the excellent security of supply continues Fast Track update View more information on the Ofgem Fast Track decision View the press release from Ofgem The updated SP Transmission RIIO-T1 Business Plan Executive Summary Supporting Annexes: Risk Management and Uncertainty Mechanisms Delivery and Costs Workforce Renewal Business Support Stakeholder Engagement Innovation Environment RIIO T1 Business Plan (July 2011) 1. Introduction 2. Our Stakeholders and Customers 3. Our Outputs Strategy 4. Load Related Expenditure 5. Non-Load Related Expenditure 6. Operating Costs 7. Delivering the Plan 8. Innovation Strategy 9. Financial Strategy 9A. Appendix: Cost of Capital NERA 9B. Appendix: First Economics RPEs RIIO T1 Executive Summary (July 2011) Download the SP Transmission RIIO-T1 Business Plan