Implementation enhanced pressure service 2024
23 April 2024
On 2 April 2024, Ofgem approved the Interconnection Agreement and the Pressure Service Charges Agreement between BBL Company and National Gas Transmission which includes the Enhanced Pressure Service (EPS).
The EPS 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 23 April 2024 onwards and is agreed upon to be on a best efforts and a temporary basis, applying up to and including Gas Day 31 December 2024.
Starting Gas Day 23 April 2024 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 day ahead capacity has been sold.
The applicable reserve price of this increased interruptible Reverse Flow capacity has an ex-ante discount of 10% compared to the standard daily firm products.