Gas Security of Supply Significant Code Review - Statutory Consultation
Consultation
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
Publication date
Closing date
Industry sector
Generation and Wholesale Market
Decision
The aim of the Gas Security of Supply Significant Code Review is to reduce the likelihood, severity and duration of a gas supply emergency. We want to ensure that in an emergency the market rules provide appropriate incentives on gas shippers to balance supply and demand. This is intended to avoid or minimise an emergency and protect consumers that incur high costs when interrupted.
In February 2014 we published our final policy decision to proceed with the development of a demand-side response mechanism for paying large consumers if they are able to reduce their demand before an emergency, the principles we think it should meet and how we plan to develop it. We also published our final policy decision for cash-out reform.
This is our statutory consultation on changes to the gas transporter, shipper and supply licences as part of the Gas Security of Supply Significant Code Review. We are also publishing for consultation the legal text for code changes necessary to implement our proposals.
Respond name
David McCrone