0796 - Revision to the Determination of National Grid NTS Target Revenue for Transportation Charging

Last updated: 
10 July, 2023
Proposer
National Grid NTS
Impacted codes
None
Modification type
Request
Status:
Implemented
 01/10/2022
Implementation date
Impact:
High impact: Shippers

This Modification would revise the method of the determination of National Grid NTS Allowed Revenue for a Gas Year under the NTS Transportation Charging Methodology (TPD Section Y Part A-I). The purpose of this change is to achieve a greater degree of year-on-year stability in the pricing of Transmission Services Capacity.

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Timeline

Raised
Yes
08/12/2021
Status

Date Modification Raised

Panel Assessment
Yes
16/12/2021
Status
New Modification to be considered by Panel
Workgroup Report Due
Yes
11/01/2022
Status

First Workgroup Meeting


Consultation
Completed
17/01/2022
11/03/2022
Consultation - Final Modification Report
Yes
14/03/2022
Status

Final Modification Report available for Panel


Panel Decision
Yes
17/03/2022
Status

Modification Panel recommendation

Implementation
Completed
01/10/2022