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Designation of National Grid Gas plc as the “forecasting party” for the GB balancing zone as required for compliance with the Network Code on Gas Balancing of Transmission Networks and approval of UNC489

Decision

Publication date

2 February 2015

Industry sector

Generation and Wholesale Market

Decision for

Consultation on the designation of the “forecasting party” as required for compliance with the Gas Balancing of Transmission Networks Network Code

This decision document has two purposes. First, it designates National Grid Gas plc as the “forecasting party” for the GB balancing zone as required under the Network Code on Gas Balancing of Transmission Networks (BAL). BAL requires the forecasting party to fulfil various tasks which are summarised in the document but are principally around providing market participants with the necessary information to balance their portfolios. Second, it approves UNC489 which will change the UNC such that more information is provided to the market in order to align the UNC with BAL.

Main document

Decision document: Designation of Forecasting Party and approval of UNC489