Ofgem proposes further £277.5m budget cut for National Grid

Ofgem is proposing reducing National Grid’s allowance for its gas transmission price control by £277.5 million. It covers the 2013-2021 period and relates to the national high-pressure gas pipeline at the Fleetwood entry point in Lancashire. National Grid Gas Transmission (NGGT) was required to offer 650GWh/day of entry capacity at Fleetwood, initially triggered by a […]

Ofgem reviews £268m National Grid allowance

Ofgem has announced a review into the £268.3 million allowance for National Grid’s gas transmission subsidiary. The allowance, which runs from 2013 to 2021, is for providing capacity at the Fleetwood entry point to the national high pressure gas pipeline in Lancashire. National Grid Gas Transmission (NGGT) is required by its licence to offer 650GWh/day […]