What our stakeholders told us:
Reliable gas supplies are essential for consumers of gas. In particular, consumers of high quantities see reliability of gas supply as a major priority.
Ensure we efficiently manage the network to be able to meet a 1 in 20 peak demand severe weather event.
We propose a relative Network asset risk metrics (NARM) target to measure delivery of our asset health investments with a justified over and under delivery mechanism.
Our RIIO‑2 asset health plan delivers a monetised risk output of £2.96m (measured as a level of monetised risk as part of NARMs).
Price control deliverable, (£466m). See annex A3.01 for further information.
We are proposing a separate PCD on asset health spend that is not covered by NARMs in the following areas:
relifing of compressor cabs, site fences, site roads and replacement/refurbishment of pipe supports, pits, lighting systems and switchboards.
Price control deliverable, (£87m) See table 14.09 below and annex A3.01 for further information.
Facilitating a diverse range of supplies onto the network helps in delivering security of supply and keeping wholesale prices as low as possible.
Providing high levels of reliability and resilience, protects against losses of gas supply for all consumers. It protects large consumers from any detrimental impacts on their business processes, finances, global reputations and long-term viability in GB. If connected parties can’t operate efficiently because of restrictions on the network, their increased costs will ultimately be passed on to end consumers.
By maintaining the most efficient network and linking with new or existing commercial framework and/or tools we can create additional value for stakeholders and consumers.