Budgeted Controllable Opex (BCO) allowance decisions
| Published date | 10 November 2022 |
| Year | 2022 |
| Energy Sector | Gas networks |
Network Operations
______________________________________________________________________________________
Utility Regulator
Queens House, 14 Queen Street, BELFAST, BT1 6ED
T: +44 (0) 28 9031 1575 F: +44 (0) 28 9031 1740 W: www.u regni.gov.uk
Stephen Hemphill
Operations Director
Mutual Energy Ltd
The Arena Building
85 Ormeau Road
BELFAST
BT7 1SH
Ref: NET/G/RML/159
12 November 2019
Dear Stephen,
Re: BCO Revision Decision
Thank you for the covering letter and query responses of 06 November 2019 regarding four
projects not included within the GT17 Shadow Price Control (SPC). The correspondence
helpfully clarifies that MEL is seeking a BCO revision of £759k for GY2018-19 and £1,099k for
GY2019-20 split by project as follows:
Project
2017-18
2018-19
2019-20
2020-21
Total
Ballylumford WBH & AGI Decommissioning
£302k
-£43k
£322k
£20k
£601k1
Ballylumford WBH & AGI Decommissioning
£601k
£601k
Remedial Works on SNIP Pipeline
£33k
£858k
£891k
CBA of Free Flow at Carrickfergus AGI
£6k
£41
£47k
Belfast Lough Crossing QRA
£119k
£200k
£319k
Totals
£759k
£1,099k
£1,858k
All figures are in March 2019 prices
UR has reviewed the detail provided by MEL and is satisfied that in each case there is well
documented project need and supporting evidence.
1
Allowance for the Ballylumford project has been requested in GY2018-19 despite costs being incurred over a
number of years.
To continue reading
Request your trial