Issue 105 Workgroup Meeting 3

This is the third meeting of the Issue 105 ‘Further considerations following implementation of BSC Modification P448′ Workgroup.

The purpose of this meeting is to: 

• Decide whether a Code Change should be recommended to address the unintended impacts to cash-out prices following the implementation of P448
• Review BSC Procedure 18 ‘Corrections to Bid-Offer Acceptance Related Data’ and the Network Gas Supply Emergencies Guidance Note and agree whether further guidance is required
• Provide an update on the information provided by a representative of the Gas System Operator relating to how P448 interacts with Gas Operating Margins contracts and agree whether further action is required
• Consider and agree next steps

Agenda

1. Welcome and meeting objectives
2. Meeting 2 recap
3. Unintended impacts to cash-out prices
4. Workgroup discussion
5. P448 guidance
6. Workgroup discussion
7. Update on Gas Operating Margins Contracts
8. Workgroup discussion
9. Next steps
10. AOB and meeting close