Notice as required under Part B of Special Condition 2A (Governance of GD1 Price Control Financial Instruments) of each Gas Transporter Licence
- Consultation status:
- Closed (with decision)
- Publication date:
- Closing date:
- Industry sector:
- Distribution Network
Decision:
As part of the RIIO-GD1 Price Control we are publishing a Consultation Notice under Special Condition 2A of the Gas Transporter Licence, to modify the GD1 Price Control Financial Instruments for each of the Gas Transporter Licence Holders: National Grid Gas plc (with respect to its gas distribution networks); Northern Gas Networks Limited; Scotland Gas Networks plc; Southern Gas Networks plc; and Wales and West Utilities Limited.
The intended modifications are summarised in the Notice. The intended modifications to the GD1 Price Control Financial Instruments are detailed in Appendices 1&2 of the Notice, which consist of:
- Appendix 1 An Oak report setting out the modifications to the PCFM; and
- Appendix 2 A copy of the PCFM incorporating the modifications.
We consider that the intended modifications would not be likely to have a significant impact on persons mentioned in paragraph 2A.4 of Special Condition 2A, for reasons stated in the Notice.
Please respond by 11 November 2014.