Last updated:
28 April, 2025
Current version
27.0
Proposer
OVO Energy
Impacted codes
UNC, Independent Network Operators, Shippers, Suppliers
Modification type
Authority Direction
Status:
Allocated to Workgroup
Impact:
Medium impact: Distribution Network Operators, Shippers, Suppliers
High impact: Consumers
To incentivise the reduction of greenhouse gas emissions and lower customer bills, this Modification introduces the role of the Independent Shrinkage Expert (ISE) who will establish: the Independent Shrinkage Model (ISM), the Independent Shrinkage Model Methodology (ISMM), and the Independent Shrinkage Charge (ISC).
Timeline
Panel Assessment
No
20/04/2023
Workgroup Report Due
No
19/06/2025
Consultation
Expected
20/06/2025
10/07/2025
Consultation - Final Modification Report
No
15/07/2025
Panel Decision
No
21/08/2025
Implementation
Unset