OpenLegislation

Paragraph 9 Development plan

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

A development plan in respect of the activities (“the authorised activities”) which would be authorised by the licence or, as the case may be, the extension if the application were granted, including details of:—

(a)

the type, design and capacity of the storage facility intended;

(b)

the intended regime for acceptance of gas for storage and export of gas to gas networks;

(c)

any intended arrangements for connection of the storage facility with any gas networks;

(d)

estimated total revenue from the authorised activities in each of the first 10 years of operation of the storage facility;

(e)

estimated total capital costs of the storage facility;

(f)

estimated total operating costs of the authorised activities in each of the first 10 years of operation of the storage facility, showing separately such costs in relation to fuel (including gas purchases), staff costs, rent and rates, development costs and insurance; and

(g)

net annual cashflow,

and stating, where appropriate, the assumptions underlying the figures provided.