ENTSOG CAM NC Monitoring Report 2016

5 Conclusions

The following conclusions can be drawn from the completed analysis:

\\ Bookings of bundled capacity are going to increase in upcoming years, especially once older unbundled contracts expire but also as TSOs complete agreements on which platform to use for booking capacity. \\ The booking profile of network users shows that the booking behaviour of the network users is moving step- by-step from long-term to short-term booking behaviour. The goal proposed by the Commission of balancing long-term and short-term booking appears to be coming closer to fruition. \\ Even if the ratio of utilised secondary market to traded bundled capacity is marginal, it is important to see that there is already some bundled capacity being traded on the secondary market. The expectations for upcoming years are that there will be a clear increase in this ratio, as older unbundled contracts expire. \\ The increase of market participants (both active and non-active) shows that the harmonisation of capacity allocation rules is providing more clarity and facilitating access of network users to different European markets.

Image courtesy of Snam Rete Gas

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