Last updated:
18 July, 2023
Proposer
Laura Johnson
Modification type
Urgent
Status:
Implemented
19/05/2021
Implementation date
Impact:
High impact: National Transmission System
This Modification proposes to update the UNC to reflect Licence changes effective 01 April 2021 and to enable price setting consistent with the intent of the current pricing methodology.
Specifically, the proposed amendment would ensure that the change in the polarity of the under / over recovery (or “Kt” term in the Licence) is reflected in the UNC pricing provisions and that Transmission Services Entry and Exit revenues are separated appropriately.
Timeline
Panel Assessment
Yes
07/04/2021
Status
Modification Proposal sent to Ofgem
Modification Proposal sent to Ofgem
Workgroup Report Due
Unset
Consultation
Completed
15/04/2021
05/05/2021
Consultation - Final Modification Report
Yes
11/05/2021
Status
Final Modification Report available for Panel
Panel Decision
Yes
13/05/2021
Status
Modification Panel recommendation
Implementation
Completed
24/05/2021