NERC Investment Committee
The purpose of the NERC Investment Committee (NIC) is to provide a body through which NERC Council can delegate some of its investment decision making powers in order to provide more time for Council to consider strategic matters.
Decisions relating to investments above the limits delegated to the NIC will be made by NERC Council; decisions relating to investments at a low level will be made by the Chief Executive without reference to the NIC.
The role of the NIC is to:
deploy funds, within its delegated powers, to further achievement of NERC strategy
tactically deploy funds to manage End Year Flexibility more precisely
provide a rapid response forum capable of seizing opportunities as they arise.
NIC's full terms of reference are available.