The Utility Regulator has published a consultation on continued compliance with the Harmonised Transmission Tariffs Network Code (TAR NC).
The TAR NC is a piece of EU legislation that has been transposed into UK law that requires us to consult on it every five years. The TAR NC sets expectations on transparency and non-discrimination in transmission tariffs for the gas network.
This consultation seeks feedback from relevant stakeholders in the gas industry on several topics related to the methodology for gas transmission tariffs.
Areas covered in the consultation are:
Reference price methodology.
Discounts to capacity charges.
Indicative reference prices.
Cost allocation assessment.
Allowed revenue of TSOs.
Commodity based tariffs.
Transmission and non-transmission tariffs.
The treatment of multiplier and seasonal factors.
Publication requirements.
Further information on the consultation and details on how to respond, can be found within the consultation section.