Implementation enhanced pressure service
19 July 2023
On 5 July 2023, Ofgem approved the Pressure Service Charges Agreement between BBL Company and National Gas Transmission, which makes it possible for BBL Company to increase the Reverse Flow capacity at IP Bacton from 7,699,193 kWh/h to 10 GWh/h. The increased pressure service will be implemented from 19 July 2023 onwards and is agreed upon to be initially on a temporary basis, applying up to and including Gas Day 30 September 2023.
Dependent on the daily maximum pressure National Gas Transmission can facilitate at IP Bacton, BBLC shippers can make use of this additional increased Reverse Flow capacity.
Starting Gas Day 19 July at 17:30 CEST, the above mentioned increased Reverse Flow capacity will be auctioned via the PRISMA platform on an interruptible day ahead basis when all firm Reverse Flow capacity has been sold.
The applicable reserve price of this increased Reverse Flow capacity has an ex-ante discount of 10% compared to the standard daily firm products.