Long Term Vacant (LTV) Process During COVID-19
*GUIDANCE EFFECTIVE FROM 21 MARCH 2020 – 30 SEPTEMBER 2021*
UPDATED 1 JULY 2021
Elexon has been contacted by a number of electricity Suppliers in the NHH market, raising concerns about the management of Long Term Vacant (LTV) sites during the restrictions imposed as a result of the COVID-19 pandemic.
Elexon convened a group of industry experts, including NHH Suppliers and Supplier Agents, who met on 23 April 2020, to discuss this issue and provide guidance to the industry. The group discussed numerous options and concluded that the following approach was the best available to Suppliers wishing to ensure that Settlement is as accurate as possible. The Performance Assurance Board (PAB) has discussed and agreed this approach and encourages Suppliers and Supplier Agents to follow the guidance below.
As Government lockdown restrictions were being relaxed the expert group reconvened on 28 July 2020 to agree a proposed timetable for ending the COVID-19 lockdown derogations. The PAB agreed the findings of the expert group and these have been reflected in this guidance.
Following the increase of lockdown restrictions again in December 2020 and January 2021, the PAB revisited the ending of the derogations. The PAB determined that the ending of the derogations would now not take place until a further point in the future, which it would determine in due course.
On 24 June 2021, the PAB agreed that a three-month notice period for the end of the derogations would begin on 1 July 2021.
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