Bacton Terminal Site Re-development decision
Summary
Ofgem decision on Bacton Terminal Site Re-development. Bacton is the largest gas terminal in the GB system, processing imports from Norway and Belgium and serving the south of England.
Why it matters
Site-specific decision on a strategically important gas infrastructure asset. Bacton handles a significant share of GB gas imports; its re-development affects gas-supply resilience and how long the site stays operational under declining gas demand. Specific to one site, but with system-level supply-security implications.
Areas affected
Memo
Bacton Terminal Site Re-development decision | Ofgem Please enable JavaScript in your web browser to get the best experience. BETA This site is currently in BETA. Help us improve by giving us your feedback . Close alert: Bacton Terminal Site Re-development decision Publication type: Decision Publication date: 28 August 2024 Topic: Gas transmission Decision for: Bacton Terminal site development Final Preferred Option Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn 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. Main document Bacton Terminal Final Preferred Option [PDF, 308.23KB] Bacton Direction [PDF, 164.52KB] Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Close