0748 - Prospective Removal of Entry Capacity Revenue from Capacity Neutrality Arrangements

Last updated: 
12 July, 2023
Proposer
National Grid NTS
Impacted codes
None
Modification type
Request
Status:
Implemented
 17/12/2020
Implementation date
Impact:
High impact: National Transmission System

The purpose of the Modification is to remove capacity revenues recovered from daily interruptible and within day Entry Capacity from Capacity Neutrality arrangements prospectively from the implementation date. Following implementation of UNC Modification 0678A on 01 October 2020, inappropriately high cashflows are subject to the Capacity Neutrality Arrangements (c. £0.5m per day). This Proposal seeks to remove Relevant Capacity Revenues from Capacity Neutrality so that these cashflows contribute to recovery of Allowed Revenues rather than being subject to redistribution across Entry Users.

Timeline

Raised
Yes
08/12/2020
Status

Date raised 

Panel Assessment
Unset
08/12/2020
Workgroup Report Due
Unset
Consultation
Completed
08/12/2020
11/12/2020
Consultation - Final Modification Report
Yes
17/12/2020
Panel Decision
Yes
Implementation
Unset