Safety Monitor - Winter Reviews Transmission Workstream 5 th July 2007 Chris Logue.

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Presentation transcript:

Safety Monitor - Winter Reviews Transmission Workstream 5 th July 2007 Chris Logue

Aims  Improve transparency of Safety Monitor process  Improve understanding of safety monitors and the need for them  Improve dialogue with industry – may result in better information being received

Monthly Review  From October 07  Review each of the underlying assumptions that sit behind the safety monitor calculation  Provide brief commentary against each assumption  Adjust monitor levels where appropriate  Publish on website – during the first week of each month  Discuss at the Operational Forum as necessary  This does not replace existing right/responsibility to change monitors throughout year in response to events.

Safety Monitors 2007/ /8 Safety Monitor supply assumptions (mcm/d) UKCS227 Norway70 IUK35 BBL25 LNG imports33 Supply risk allowance-20 Total370 Supply Assumptions

Safety Monitors 2007/08  Preliminary View Storage typeAssumed storage capacity (GWh) Safety Monitor Requirement (GWh) Safety Monitor Requirement Long duration storage (Rough) % Medium duration storage (MRS) Short duration storage (LNG) Total %

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