0764 - (Urgent) UNC TPD Section Y (Part A-I) amendments to Kt to align to RIIO2 Licence

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

Raised
Yes
06/04/2021
Status

Date raised

Panel Assessment
Yes
07/04/2021
Status
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