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Enhancing Transparency in the European Gas Market

This project aims to monitor TSO compliance with transparency requirements in the Gas Regulation and publish a compliance assessment report. Stakeholder consultation and regulator input will be used to assess TSO compliance and improve the quality, consistency, and availability of published information.

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Enhancing Transparency in the European Gas Market

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  1. Purpose • Transparency is a critical element in ensuring an effective functioning internal European Gas market • Gas Regulation No 715/2009, effective from 3rd March 2011 includes a number of enhanced transparency requirements under Article 18 and under amended Chapter 3 of Annex 1 of the Gas regulation • GRI NW has had significant success in the past driving improvements in Gas market transparency • We can ensure these new requirements are implemented correctly in a coordinated manner • GRI NW can transfer lessons learnt to other regions

  2. Objective • The objective of this project is to: • Monitor compliance of TSOs against the requirements outlined under Article 18 and amended Chapter 3 of Annex 1 of Gas Regulation No 715/2009 • Final output • Publish a compliance assessment report

  3. Project Update

  4. TSO response to questionnaire • We have received completed questionnaires from most TSOs which is encouraging • Next step: publish questionnaires and seek stakeholders views • Some respondents have answered “no or n/a” to a number of questions without explanation – therefore should we: • Publish questionnaires as they are? or • Give some additional time for TSOs to clarify specific responses (and if so – how much time)? Which option do you prefer?

  5. Proposed next steps • Compile questionnaires and publish them alongside a cover note with some questions for stakeholders • Use stakeholder responses and assessment by regulators of the completed questionnaires to determine TSO compliance • Publish compliance assessment report Are you happy with the proposed next steps?

  6. Questions for stakeholder consultation • 1. What are you views on the overall quality, consistency and availability of the information published by TSOs in order to comply with the Transparency requirements in Gas Regulation EC/715/2009. • 2. Do you consider the questionnaire responses accurately reflect the information that is made publicly available by TSOs in order to comply with the Transparency requirements in Gas Regulation EC/715/2009? If you consider they do not please provide specific examples. • 3. Are there areas where the quality, consistency and availability of the information published in order to comply the Transparency requirements in Gas Regulation EC/715/2009 could be improved? Please provide specific examples where appropriate. • 4. Is the information that is published by TSOs in order to comply the Transparency requirements in Gas Regulation EC/715/2009 user-friendly? Where you consider the information is not user-friendly please provide specific examples where appropriate • 5. Is the information that is published by TSOs in order to comply the Transparency requirements in Gas Regulation EC/715/2009 available free of charge without subscriptions? • 6. Is the information that is required to published at all relevant points (Annex 1, Chapter 3, Article 3.3 (a-g)) published “close to real time i.e. as soon as it is available to the system operator”. If not please provide specific examples Do you have any views on these proposed questions?

  7. Assessing Compliance • Final output of this project is a compliance assessment report • Use completed TSO questionnaires and stakeholder consultation and regulators view on whether the TSOs are compliant • How will regulators assess whether a TSO is compliant? • What is our criteria for this assessment? • Regulators input

  8. Summary and recap of questions to RCC • Summary • Over the summer good progress has been made • TSOs have been engaged - almost all questionnaires have been completed • Questions • Are you happy with the next steps we have proposed? • Do you have any views on the draft stakeholder questions? • How long should we give stakeholders to comment on the questionnaires? • What criteria should we use to assess compliance of the TSOs?

  9. Gas Regional Initiative Region North-West Investment Project Marie-Claire Aoun, CRE 22nd RCC meeting The Hague – 15 September 2011

  10. Two objectives: • Initial aim: Help ENTSOG/TSOs with the regional plan work in 2011 • Definition of the scope and of the value added of these regional plans compared to national and EU TYNDPs • Follow up of the Investment Project 2010 – discussion paper • Monitor the open season between France and Luxembourg and share lessons for future processes

  11. TSOs have been developing the GRIPs since April-May 2011 Expected to be published in Q1 2012 6 GRIPs with one TSO responsible for coordination GRI NW coordinated by Fluxys South GRI coordinated by ENAGAS (Spain) France-Germany-Switzerland-Italy coordinated by Snam rete gas (Italy) BEMIP coordinated by Gas System (Poland) North-South East coordinated by Net4gas (Czech Republic) Southern corridor coordinated Desfa (Greece) Role of ENTSOG: provide framework and guidance to support the development of the GRIPs Update on the project

  12. ENTSOG feedback on the Project Several meetings between TSOs are scheduled – ENTSOG will inform PO of progress Where direct support of GRI NW would be helpful, ENTSOG will ensure that the PO is advised Welcome an opportunity to present the GRIP at the next SG Next year, several regional projects could arise from the GRIP (workplan 2011-2014) Informal discussions with ENTSOG No real investment problem identified in the GRI NW The GRIPs will not include an analysis of demand – no real modelling but focus on the development of investment projects in details. Decision RCC (May): draft a letter for Fluxys and ENTSOG with minimum requirements after the government meeting reaction Update on the project

  13. IFIEC: “Happy that investment is still a leading issue in the GRI NW” Full support for the project EFET “The goal should be for TSOs to provide information on capacities and costs of the various investment options – take investment decision in response to market needs participants” “A joint assessment of TSOs and NRAs of the cross-border investment options is an important first step which could be shared with GRI NW market participants through the GRIPs” Update on the project – feedback from stakeholders

  14. ACER formal opinion on the 2nd TYNDP –link with the GRIPs • Need for consistency and comparability between European Regional and national investment plans • Close collaboration between ENTSOG, TSOs, NRAs and ACER • Main objectives of the GRIPs • Identify investment needs and remedy cross-border congestions • should contribute to higher consistency between national and Community-wide TYNDP • Ensure a consistent design for cross-border projects • Involvement of stakeholders is crucial to develop investment plans according to market needs • ACER invites TSOs to use the existing GRI structures in order to present regular updates to the stakeholders and promote dialogue

  15. The GRIP should provide a consistent picture of cross-border projects in the GRI NW Provide a detailed description and analysis of infrastructures at IP When investment needs are identified Detailed description of projects characteristics and costs Eventually highlight the regulatory gaps leading to a risk perception by the market  Objective: Facilitate the development of coordinated open seasons procedures and improve the transparency level for the market Minimum requirements from RCC In addition to ACER recommendations 1/2

  16. Share the analysis of cross-border investment needs with the stakeholders through regular regional dialogue Early dialogue on bottlenecks and capacity needs Ex-post evaluation of TSOs’ proposals Use the GRI NW structure to present regular updates: IG and SG meetings The GRIP should serve as a tool for the implementation of the Security of Supply Regulation Next step: Minimum requirements letter to be approved by RCC and to send to Fluxys and ENTSOG: end September Minimum requirements from RCC In addition to ACER recommendations 2/2

  17. Monitoring the OS between France and Luxembourg • Open season to increase firm capacity from France to Luxembourg • Coordinated process between the TSOs (CREOS and GRTgaz) and the regulators (CRE and ILR) • Non-binding phase launched at the SG meeting (26 Nov.2010) – ended 31 January 2011 – sufficient to launch a binding phase • Launch of the binding phase currently under discussion • Aim of the project: • Use the GRI NW as a platform for discussion of the process • Outcome of discussions synthesized in a short paper in order to share the lessons from this process, in terms of coordination, allocation rules (joint allocation office), transparency etc… • Feed the discussions on the European level: revision of the GGPOS • Expected milestones: • The final paper on lessons learned will be delivered after the end of the binding phase

  18. Thank you for your attention!

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