Decision to modify Special Condition 3.14 Asset Health Re-opener of National Gas Transmission Plc's gas transporter licence
Decision
- Publication date
- Industry sector
- Distribution Network
- Licence type
- Gas Transporter Licence
Following consultation we have decided to modify National Gas Transmission Plc's licence, Special Condition 3.14 Asset Health Re-opener, to correct the current drafting which does not accurately reflect the original policy decision set out in RIIO-T2 Final Determinations. This will extend the scope of the Asset Health Re-opener to include interventions related to Valves. It will also extend the true-up mechanism applicable to relevant allowances to cover the entire period from 1 April 2021 to 31 March 2024.