Last updated:
3 October, 2024
Current version
16.0
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
Yes
20/04/2023
Workgroup Report Due
No
20/03/2025
Consultation
Unset
20/09/2024
10/10/2024
Consultation - Final Modification Report
Unset
15/10/2024
Panel Decision
Unset
21/11/2024
Implementation
Unset