XRN 5443
Urgent Modification 0788 - Minimising the market impacts of ‘Supplier Undertaking’ operation

Summary

Modification 0788 - Minimising the market impacts of ‘Supplier Undertaking’ operation has been raised and been granted Urgent status by Ofgem.

The Modification seeks to provide the ability for Suppliers who are operating under a Deed of Undertaking following the Termination of the Shipper User, to make arrangements with another Shipper User to source additional supplies of gas and make trade nominations to the Terminated Shipper User account to balance that portfolio and mitigate increased costs, until a new ‘Registered User’ is appointed.

This Change Proposal has been raised to implement the solution required to deliver what is set out within the Modification.

Please note, Modification 0788 is progressing under the Ofgem directed Urgent Timetable. Ultimately the Modification will require an Ofgem decision on approval and implementation however we are proposing that this CP is progressed ahead of the final Ofgem decision to ensure immediate implementation is possible if the Modification is approved.