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Issue 977 | TCMF

Transmission Charging Methodologies Forum (TCMF) 7 May 2020 Assessment Headlines Two draft modification proposals were presented for discussion at the TCMF: Clarification of Transmission Licensee Revenue Recovery and the Treatment of Revenue Adjustments in the Charging Methodology, presented by RWE. This seeks to clarify in the CUSC the recovery of Maximum Allowed Revenue (MAR) and the treatment of revenue associated with unforeseen or unforeseeable events. Clarification of VAT for Securities in the CUSC, presented by National Grid ESO. The draft modification clarifies the position on securities, which include a VAT element to the charges. Since inclusion of VAT is current practise, the ...

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