IUK is selling capacity for use from 1 October 2018 including a reshuffling service for shippers to adjust their bookings. The aligned processes provide shippers transporting gas between the key trading hubs of North West Europe with a unique opportunity to optimise their capacity portfolio before the introduction of new capacity allocation rules introduced by EU regulation.
IUK is pleased to announce that as of Friday 23 October, we will be offering Firm Daily Capacity through our Implicit Allocation Mechanism.
IUK is excited to announce the launch of a second sales process for capacity for use from 1 October 2018 onwards. This sale gives shippers the opportunity to purchase capacity at a fixed price with a lowest price guarantee. Also, long-term bookings attract significant price incentives. The closing date for bids is 15 October 2015.
Sales of UK export capacity have strongly increased between 5 and 9 December 2019, thanks to these products: Within Day, Daily and Weekend.
Today we are launching a consultation seeking your views on our proposed charging methodology for capacity purchased from March 2016.
We can confirm that power supplies and office services have returned after remedial work relating to an incident in central London on Wednesday 1 April 2015.
IUK's further consultation on the Charging Methodology and the legal drafting of the Implicit Allocation Rules. IUK consulted on updates to these documents which we believe address the issues that were raised by market participants in the August 2017 consultation.
IUK sells a significant quantity of GB import capacity for a ten year period from 1 October 2018.
We are launching a consultation including seeking your views on the introduction of an Implicit Allocation Mechanism as an additional means of marketing IUK Capacity.
Our consultation on the sale of capacity for 2018 onwards is now closed. We would like to thank you for taking part in this process. Your feedback helps us to determine the best way to deliver our services.
Interconnector capacity is available in all quarters of gas year 2017/18 in both directions.
IUK is pleased to confirm key details of its sales process for Interconnector capacity today.
In compliance with the Network Code on Capacity Allocation Mechanisms in Gas Transmission Systems, Commission Regulation (EU) 2017/459, IUK and our adjacent TSOs, National Grid Gas and Fluxys Belgium, are now accepting non-binding demand indications for a period of eight weeks until 1 June 2017.
Due to a fire in central London our Aldwych office is without power and is closed on
Thursday 2 April.
We are inviting comments on the amended and restated Interconnection Agreement between IUK and Fluxys Belgium.
Last year you assisted us in developing a new service and contract, the IUK Access Agreement (IAA), to facilitate compliance with new regulatory obligations and introduce a new way of accessing Interconnector capacity in addition to our current secondary market mechanisms.
Interconnector has today published the latest version of its Charging Statement which includes the Annual Tariff Publication and Commodity Charge formulae for GY 2023-24.
From 27 March 2023, Interconnector will be making up to 50% of Technical Capacity available to purchase via IAM for Gas Year 24 onwards
Interconnector has today published the latest version of its Charging Statement introducing Overnomination