3rd Party Proposal: Publication of Near Real Time Data at UK sub-terminals. Modification Reference Number UNC 006

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Supply and Retail Market

Energywatch, the consumer watchdog, raised a proposal to change the market rules for the wholesale gas market in November 2004 (UNC Modification Proposal 006). The aim of the proposal is to improve transparency in the gas market by requiring National Grid Gas NTS to publish more information about gas supplies coming onto the network from the North Sea, interconnectors, storage sites and LNG terminals. The proposal is controversial. In general, large customers, traders and customer groups support the proposal and gas producers oppose the proposal whilst the views of shippers and suppliers are divided on the issue. Ofgem is minded to approve the proposal. We set out our analysis of the impact of approving the proposal in this document and would welcome comments and views from interested parties.

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