All three are up for artist of the year and album of the year, alongside the likes of Dua Lipa and Harry Styles.
Unlike previous years, there will be no awards ceremony. Instead prizes will be handed out during a BBC Two programme reviewing the best music of the year.
Strictly Come Dancing's Claudia Winkleman will host the show alongside Radio 1's Clara Amfo on 8 December.
Called The Year In Music 2017, the show will "revisit the music stories of the year, told by the musicians at the heart of them," said BBC Music editor James Stirling.
The show will almost certainly reflect the powerful and poignant One Love Manchester concert, held in the aftermath of the terrorist bombing at Ariana Grande's show at the Manchester Arena on 22 May, amongst the other, more celebratory, events of 2017.
The studio-based programme will also feature a new performance from Rag N Bone Man, whose album Human is the year's biggest debut, with sales in excess of 600,000 copies.
"2017 has been a huge year in music for both fresh and established artists," said Amfo.
"I'm really looking forward to hanging out with Claudia to look back at what it has given us, before we enter in to what I'm sure will be an even bigger new musical year."
The BBC Music Awards nominees are:
BBC MUSIC ARTIST OF THE YEAR
- Ed Sheeran
- Harry Styles
- Kendrick Lamar
- Rag N Bone Man
BBC MUSIC BRITISH ALBUM OF THE YEAR
- Calvin Harris - Funk Wav Bounces Vol. 1
- Ed Sheeran - ÷
- Dua Lipa - Dua Lipa
- Rag N Bone Man - Human
- Stormzy - Gang Signs & Prayer
- The xx - I See You
BBC MUSIC LIVE PERFORMANCE OF THE YEAR
- Boy Better Know - Glastonbury
- Depeche Mode - Glasgow Barrowlands, BBC Radio 6 Music Festival
- Foo Fighters - Glastonbury
- Katy Perry - BBC Radio 1 Big Weekend
- Nile Rodgers feat. Chic - Glastonbury
- U2 - The Joshua Tree Tour
BBC MUSIC INTRODUCING ARTIST OF THE YEAR
- To be announced
Despite the scaling back of the BBC Music Awards, which launched in 2014, this year has seen more music than ever on the BBC One and Two, with the launch of the new pop show Sounds Like Friday Night and one-off broadcasts with Harry Styles and Sam Smith.
BBC Two celebrated 25 years of Jools Holland with a special concert at the Royal Albert Hall, while the One Love concert was one of the most-watched and listened-to broadcasts of the year to date.