Economic regulation of capacity expansion at Heathrow - Policy update and consultation

Overview

This document follows on from the June 2017 Consultation on the core elements of the regulatory framework to support capacity expansion at Heathrow.

It confirms our approach in respect of key elements of the regulatory framework for Heathrow Airport Limited and discusses issues around the relationship between the regulatory framework and alternative delivery mechanisms, the cost of capital, financeability, financial resilience, the regulatory treatment of early construction costs and the further extension of existing Q6 price control.

Consultation document

• Economic regulation of capacity expansion at Heathrow: policy update and consultation (CAP 1610)

• Estimating the cost of capital for H7
  (An independent report produced by PricewaterhouseCoopers LLP) 

Please send your comments for this consultation to economicregulation@caa.co.uk