This letter sets out our decision to approve a methodology proposed by Great British electricity interconnector Transmission System Operators (TSOs) for the Use of Congestion Income of interconnectors subject to the requirements of Article 19 of Regulation (EU) 2019/943 as amended by Regulation 7 and paragraph 18 of Schedule 4 of the Electricity and Gas (Internal Markets and Network Codes) (Amendment etc.) (EU Exit) Regulations 2020 (2020 No.1006).
The Methodology was developed and consulted on by a working group of GB TSOs and then submitted to Ofgem for approval, in line with the requirements of the Regulation.
We are satisfied that the proposed Methodology meets all the requirements of Article 19, and we therefore approve the Methodology as detailed in the Appendix.