GT22 Annex 1 Replacement expenditure
| Published date | 20 May 2022 |
| Energy Sector | Gas networks |
Price Control for Northern
Ireland’s Gas
Transmission Networks
GT22
Annex 1 – Replacement Expenditure
May 2022
i
About the Utility Regulator
The Utility Regulator is the independent non-ministerial government department responsible
for regulating Northern Ireland’s electricity, gas, water and sewerage industries, to promote
the short and long-term interests of consumers.
We are not a policy-making department of government, but we make sure that the energy and
water utility industries in Northern Ireland are regulated and developed within ministerial policy
as set out in our statutory duties.
We are governed by a Board of Directors and are accountable to the Northern Ireland
Assembly through financial and annual reporting obligations.
We are based at Queens House in the centre of Belfast. The Chief Executive leads a
management team of directors representing each of the key functional areas in the
organisation: Corporate Affairs, Markets and Networks. The staff team includes economists,
engineers, accountants, utility specialists, legal advisors and administration professionals.
Abstract
Audience
Consumer impact
We are publishing the draft determination for GT22 for the four high pressure gas
conveyance licence holders in Northern Ireland, GNI (UK) Ltd, Premier Transmission Ltd
(PTL), Belfast Gas Transmission Ltd (BGTL), and West Transmission Ltd (WTL) for the years
from October 2022 to September 2027.
The price control will set out the amount the gas transmission companies will have to run
their businesses and invest in the gas network. The key decisions for the companies are on
operating expenditure, replacement expenditure and the proposed rate of return.
This annex details UR’s deliberations on replacement expenditure otherwise known as the
repex programme. This includes an analysis of need, outputs, costs and recommendations.
UR has also set out information areas which need addressed for the full allowance to be
provided.
This document is most likely to be of interest to: regulated companies, the energy industry,
consumers, government and other statutory bodies.
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Contents page
Acronyms and Glossary ....................................................................... 1
1. Introduction ................................................................................ 3
Purpose of this Document ............................................................................. 3
Detailed Approach ......................................................................................... 3
2. GNI (UK) Repex Programme ...................................................... 5
Repex Projects .............................................................................................. 5
GNI (UK) Repex Conclusions ...................................................................... 16
3. MEL Repex Programme ........................................................... 17
Repex Projects ............................................................................................ 17
MEL Repex Conclusions ............................................................................. 36
4. Repex Conclusions .................................................................. 37
Summary ..................................................................................................... 37
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