Notice as required under Part B of Special Condition 2A (Governance of GD1 Price Control Financial Instruments) of each Gas Transporter Licence

Publication date
14th October 2014
Closing date
11th November 2014
Policy area

As part of the RIIO-GD1 Price Control we are publishing a Consultation Notice under Special Condition 2A of the Gas Transporter Licence, to modify the GD1 Price Control Financial Instruments for each of the Gas Transporter Licence Holders: National Grid Gas plc (with respect to its gas distribution networks); Northern Gas Networks Limited; Scotland Gas Networks plc; Southern Gas Networks plc; and Wales and West Utilities Limited.

The intended modifications are summarised in the Notice. The intended modifications to the GD1 Price Control Financial Instruments are detailed in Appendices 1&2 of the Notice, which consist of:

  • Appendix 1  An Oak report setting out the modifications to the PCFM; and
  • Appendix 2  A copy of the PCFM incorporating the modifications.

We consider that the intended modifications would not be likely to have a significant impact on persons mentioned in paragraph 2A.4 of Special Condition 2A, for reasons stated in the Notice.

Please respond by 11 November 2014.