0788 - (Urgent) Minimising the market impacts of ‘Supplier Undertaking’ operation

Last updated: 
11 July, 2023
Proposer
National Grid NTS
Impacted codes
None
Modification type
Urgent
Status:
Implemented
 01/11/2021
Implementation date

To provide the ability for Suppliers who are operating under a Deed of Undertaking following the Termination of the Shipper User, to utilise other existing Shipper User relationships to source additional supplies of gas and make trade nominations to the Terminated Shipper User account to balance that portfolio and mitigate increased costs, until a new ‘Registered User’ is appointed.

Timeline

Raised
Yes
19/11/2021
Status

Modification Proposal sent to Ofgem

Panel Assessment
Yes
19/10/2021
Status
Ofgem decision on Urgency
Workgroup Report Due
Unset
Consultation
Completed
19/10/2021
20/10/2021
Consultation - Final Modification Report
Yes
21/10/2021
Status

Final Modification Report available for Panel


Panel Decision
Yes
22/10/2021
Status

Modification Panel recommendation

Implementation
Completed
01/11/2021