Gas Shrinkage

Concepts

• newport
• gaseous fuels
• gas
• shrinkage gas
• gas shrinkage
• own use gas - gas
• gas - gas
• its daily shrinkage gas requirement
• the daily shrinkage gas quantities
• wwus shrinkage gas account

Location

United Kingdom:

Description

WWU is required to purchase gas which is predominantly gas which is unaccounted for or used in connection with the operation of its network in accordance with Section N of the Uniform Network Code (UNC). Under UNC rules, Shrinkage Gas is dealt with on a daily basis with Wales & West being required to acquire gas to meet its daily Shrinkage Gas requirement. Shrinkage Gas comprises: • Own use gas - gas used by WWU in connection with the operation of its network including gas used in running compressors, gas used for preheating and vented gas • Unaccounted for gas - gas which is lost or otherwise not accounted for as offtaken from its network including gas lost or unaccounted for by reason of unidentified theft and leakage WWU are allowed to recover the market related costs of purchasing a pre-determined target daily volume of Shrinkage Gas in each year via its regulated transportation revenue.

Total Quantity or Scope

WWU requires an Agent to provide a Shrinkage Procurement Service which includes nominating, transacting and purchasing the daily Shrinkage Gas quantities on behalf of WWU. At the end of each month, the Agent should provide a report setting out the cost of all gas transactions for the month, identifying separately the Agent's management fee. The level of gas we require is based on a set daily amount of approximately 28,000 therms per day. The precise volumes will be known in advance of 1st April each year. The profiling of the gas purchases within the year may differ, however this will be communicated in advance. All daily volumes will be nominated to WWU's Shrinkage Gas Account on a daily basis such that the account attracts no imbalance/cash out charges on any day. All transactions will be at National Balancing Point (NBP) under NBP terms. We require a cost per therm for carrying out the procurement services as outlined above and a brief summary of the other benefits of procuring your services such as daily bulletins or monthly industry updates which would be made available. The market related costs are calculated using the gas price based on the Closing Day Ahead Heren or Weekend Offer price on each day, so Wales & West strategy is purchase at this gas price.

CPV Codes

• 09120000 - Gaseous fuels

Indicators

• Variant bids may be considered.
• This is a recurring contract.
• Renewals are not available.
• Financial restrictions apply.
• Professional qualifications are sought.
• Technical restrictions apply.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** Applicants must respond to this notice via e-mail and must be registered on WWU's BravoSolution platform to be invited to participate in future rounds of this sourcing event by the deadline of this notice. If you are not registered or are registered but have not advised us of your registration we cannot add you to the sourcing project and you cannot participate in this sourcing project. Please proceed to www.sourcing4wwu.bravosolution.co.uk and click on 'Register Now'. If you have previously registered on www.sourcing4wwu.bravosolution.co.uk please check all the details are correct (do not re-register if you have done so previously). Once you have registered/checked your details are correct please e-mail wwuprocurement@wwutilities.co.uk confirming your registration and expressing your interest to participate.