EBCC Update SCR impactsMark Cockayne 4th November 2013

EBCC Update

• EBCC has initiated work to look in more detail at the impacts of Ofgems SCR on its ability to operate should Emergency arrangements be invoked

• The committee has focused its work in four key areas:– Operation of Processes– Priority of Scoring for EBCC meetings– EBCC’s Operation– Relaxion of current arrangements / Business rules

Operating Process

Delegation of Authority

Shipper information

System access

Suspension of all services

Emergency MOD

Resource Cost Banking Services

Review sign off of credit payments

Reporting to ofgem/EBCC special arrangements

Review current rules

Succession + capability

MOD 233?

Skill set Exclude EBI availability

Availability

Suspension of holidays WLB of key staff

Daylight Limit

NGD Daily limits

Operating limits

Availability of CEO due to increased values

Contact list

Temporary shared area

Box account for communication

Delegated Authority levels

Priority of ScoringFor EBCC meetings Portfolio

growth

Communication interaction

commercial intelligence

reporting

Downgrade risk factor risk

Security arrangements

Party underwriting

Payment trends

Over or under delivery trends

FSRs number of cash calls over previous

period

Level of helpfulness

How they act in market

Ability to pay

D + B

Moody’s

S + P

EBCC Operation

National Grid input

Establish who from Xoserve

required

Conflict of interest

INCIDENTROOM

Ofgem’s role

Chair Availability

Quoracy

Gemserve members

appointment

Communication

Agree Adhoc appointment

process

Consider membership ofgem/another party

Priorities on orderOf discussion

Factors

Minutes

Checklists

Recording

Review timing

Resources

Relaxing current arrangements Business rules

Security

Cash collectionMarket Operator

EBCC Meetings

Cash calls

No changes proposed.

Existing rules apply- due to arrangements drafting + under UK termination process S.1.7.

timing for convention of meeting

Appeal ProcessResource issues

Extend time?

Reduce or suspend appeal notice

No appeal criteria

Still issue

Payment terms extend ?

Timing extend?- 4pm – end of gas day

Agree with EBCC members no validation

FSR

Consider suspension for a period beyond invoices issued and paid

Validate cash call suite

System solution for manual adjustment

Manually update letters/notices as we do currently

Cost of funding change

Communication of delivery

Faxes? Scan, email or file interface

Aggregate exposure

Accepting LOC from lower rated organisations

% of exposure underwriting

Process going forward

Suspending/ excluding peak SAP calc