Bacton Terminal Site Re-development decision
Decision
- Publication date
- Company
- National Gas Transmission plc
- Industry sector
- Transmission Network
- Licence type
- Gas Transporter Licence
Bacton Gas Terminal is both a key system entry and exit point on the National Transmission System. National Gas Transmission identified a shortlist of three viable options that will the policy and regulatory objectives set out in our RIIO-2 Final Determinations. All three options have the same base case asset health investment requirements until at least 2035:
- Option 1 – Base Case Asset Health
- Option 2 – Major Rationalisation with Reduced Capacity
- Option 3a - New build within existing site (above ground, modular build, minimal reuse of assets)
- Option 3b - New build on an adjacent site (above ground, modular build, minimal reuse of assets)
In reaching our decision we have assessed the evidence presented in the Final Option Selection Report submitted by National Gas Transmission. Our assessment was set out in our Final Preferred Option consultation published on 27 June 2024. In reaching our decision we have also taken account of the three consultation responses received.
In accordance with Special Condition 3.10.9, we have decided to approve the Final Preferred Option identified by National Gas Transmission, Option 1 Base Case Asset Health. This includes no regrets asset health interventions out to 2035. Followed by reduced site operations after the cessation of gas supplies from the Shell and Peremco sub-terminals.
We consider that Option 1 includes the sufficient asset health interventions to meet the policy and regulatory objectives set out in our RIIO-2 Final Determinations. This option does not prevent available rationalisation opportunities being realised when preparing the Re-opener application.