DRSEC Update August 4th 2009.

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Presentation transcript:

DRSEC Update August 4th 2009

DRSEC - Background Discretionary Release of System Entry Capacity Auction Introduced in September 2008 (Mod 216) DRSEC attributes Release additional non obligated firm NTS entry capacity (i.e. in addition to unsold obligated NTS entry Capacity); At those points on the network where it can be supported and there is sufficient demand Capacity released at the ASEP is solely at National Grid NTS’ discretion

DRSEC Update National Grid NTS received a DRSEC request at Isle of Grain for Winter 09/10 National Grid NTS issued an open letter to all Users requesting that Users register their interest No additional requests were received National Grid NTS issued a DRSEC invitation letter for: Isle of Grain Avonmouth Easington Garton Hole House Farm Hatfield Moor Onshore ASEPs with 10% or less of obligated unsold entry capacity were included * Please note where aggregate requests for capacity do not exceed the level of obligated unsold NTS Entry Capacity; bids will not be allocated.

Going Forward Auction Date Monday 17th August Users who wish to bid must accept the Terms and Conditions no later than 4pm Thursday 13th August via fax. Bids from Users who have not accepted the Terms and Conditions will not be accepted. Allocations in respect of successful bids will be made no later than Friday 28th August.