Last updated:
2 May, 2024
Current version
1.0
Proposer
National Gas Transmission
Modification type
Authority Direction
Status:
Awaiting Implementation
Impact:
High impact: National Gas Transmission, Shippers
This Modification would revise the method of the determination of National Gas Transmission’s Allowed Non-Transmission Services Revenue for a Gas Year under the NTS Transportation Charging Methodology (TPD Section Y Part A-I). The purpose of this change is to mitigate, not remove, revenue volatility (where there is year to year revenue swings) to achieve a greater degree of year-on-year stability of target revenues in General Non-Transmission Services revenues, and therefore General Non-Transmission Services Charges.
Timeline
Panel Assessment
Yes
21/09/2023
Status
New Modification considered by Panel
New Modification considered by Panel
Workgroup Report Due
Yes
14/12/2023
Status
Workgroup Report consideration by Panel
Consultation
Completed
26/01/2024
08/02/2024
Consultation - Final Modification Report
Yes
16/02/2024
Panel Decision
Yes
19/04/2024
Implementation
Expected
01/10/2024