Proposed amendment to the Incremental Entry Capacity Release (IECR) Methodology Statement to introduce a formal consent process to adjust investment lead times
Decision
- Publication date
Ofgem has considered the issues raised in the consultation report submitted by Transco National Transmission System (NTS) on 3 October 2005 in respect of its proposed revisions to the IECR Methodology Statement. Having regard to the principal objective and statutory duties of the Authority, and for the reasons set out in Ofgems Way Forward open letter and this letter, Ofgem has decided that it will not be directing that the proposed revisions should not be made pursuant to Special Condition C15(6)(iii) of the Transco NTS Gas Transporters licence within the 28 day period allowed by Special Condition C15(6)(ii).