Mr. Gareth ThomasTo ask the Secretary of State for Trade and Industry what discussions she has had with Ofgem about modification P95A, P100, P102, P103 and P114 to the Balancing and Settlement Code; and if she will make a statement. [92353]
§ Mr. WilsonThe Governance Procedures for the industry Codes are under the locus of the Office of Gas and Electricity Markets, Ofgem, as the independent regulator. I have not had discussions with the authority regarding these modification proposals.
Modifications P102, P103 and PI14 to the Balancing and Settlement Code (BSC) are currently in the assessment phase. Following the assessment phase, the BSC panel will make a recommendation to the authority on whether the modifications better achieve the BSC objectives. At the BSC Panel meeting on the 16th January 2003, the Panel rejected modification P95A and recommended that modification P100 be made. The authority will now make a final decision on their implementation on the basis of the BSC objectives and their wider statutory obligations.