0854 - Revision of Virtual Last Resort User and Contingent Procurement of Supplier Demand Event Triggers

Last updated: 
6 June, 2024
Current version
1.0
Proposer
National Gas Transmission
Modification type
Authority Direction
Status:
Implemented
Impact:
High impact: Consumers, Distribution Network Operators, Independent Gas Transporters, National Gas Transmission, Shippers, Suppliers

To extend the availability of ‘Virtual Last Resort User’ and ‘Contingent Procurement of Supplier Demand’ provisions (currently only available as a consequence of User Termination) to instances where (in exceptional circumstances) National Gas Transmission (NGT) issues a User Premises Termination Notice (as a consequence of the application of sanctions on that User by the UK Government). The availability of these two mechanisms in such an event will facilitate the maintenance, ongoing integrity and continued effective operation of the commercial Energy Balancing and Transportation arrangements in the immediate/short term until an alternative User Registration is in place for the relevant Supply Meter Points.

Timeline

Raised
Yes
04/08/2023
Panel Assessment
Yes
17/08/2023
Workgroup Report Due
Yes
18/01/2024
Consultation
Completed
18/01/2024
22/02/2024
Consultation - Final Modification Report
Yes
20/02/2024
Panel Decision
Yes
21/03/2024
Implementation
Completed
22/05/2024