Direction to modify the GT1 PCFM for use in AIP 2016

Decision

Following the notice which Ofgem issued on 19 July 2016, under Part B of Special Condition 4A of the Gas Transmission Licence, this direction modifies the GT1 Price Control Financial Model (PCFM).

This is the version of the model we will use for the Annual Iteration Process (AIP) which will take place by the 30 November 2016.