Ofgem consultation on electricity cash out proposals

Ofgem consultation (78 pages, PDF and 43 pages, PDF) on BSC modification proposals P211 (notional EPUS-based cashout) and P212 (market-based cashout). The headline is:

We believe the case for accepting Modification Proposal P211 is finely balanced but are currently minded to approve, and are minded to reject Modification Proposal P212.

The BSC Panel has recommended against both proposals: if Ofgem decides to adopt either of them then affected parties will have a right of appeal to a Competition Commission three-person tribunal. Responses by Thursday 31 January 2008.

For further information or advice please contact Franck Latrémolière.

Filed under BETTA, Electricity, Ofgem.

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