0726 - (Urgent) - COVID-19 Liquidity Relief Scheme for Shippers

Last updated: 
9 August, 2023
Proposer
Richard Pomroy
Modification type
Urgent
Status:
Implemented
 23/06/2020
Implementation date
Impact:
Low impact: Independent Gas Transporters
High impact: Consumers, Distribution Network Operators, National Transmission System, Shippers

This Modification aims to introduce a scheme of defined duration, that seeks to assist those customers who have liquidity constraints due to COVID-19 and whose Supplier uses Shippers on Gas Transporter (GT) networks (Distribution Network Operators (DNOs) and the National Transmission System (NTS) networks). This Modification relates to some Transportation invoices; it excludes invoices for energy balancing. Only some Shippers will be eligible. The total value of the scheme is capped and will end by the end of the 2020/21 financial year. This Modification supports Ofgem’s COVID-19 priorities of supporting vulnerable customers and maintaining the supply of gas and is consistent with the Ofgem open letter published on 02 June 2020.

Timeline

Raised
Yes
03/06/2020
Status

Date raised

Panel Assessment
Yes
03/06/2020
Status
Modification issued for consultation
Workgroup Report Due
Unset
Consultation
Completed
03/06/2020
11/06/2020
Consultation - Final Modification Report
Yes
16/06/2020
Status

Final Modification Report available for Panel


Panel Decision
Yes
23/06/2020
Status

Ofgem decision

Implementation
Completed
24/06/2020