Gas licence modifications to facilitate European compliance requirements

The Utility Regulator today publishes a consultation on the licence modifications required to facilitate European compliance.

Our paper consults on a number of issues including:

1) The Forecasting Party – Changes which will facilitate compliance with the Balancing Code.
2) Contract Approvals – Modifications which provide the UR a formal role in monitoring and approving third party compliance agreements.
3) Transportation Agreement (TA) – Inclusion of the TA in the licence process.
4) Part 2A – New requirements to publish data and ability to amend forecasts. 

Any representations or objections with respect to the proposed modification may be made on or before 6pm on 04 April 2016 to:

Copies of all documents can be made available in large print, Braille, audio cassette and a variety of relevant minority languages if required.