ENTSOG Implementation and Effect Monitoring Report 2017 - Capacity Allocation Mechanism Network Code

Conclusions

The following conclusions can be drawn from the completed analysis:

\\ Bookings of bundled capacity have increased and are going to in- crease in upcoming years, especially once the existing unbundled contracts expire but also as TSOs complete agreements on which plat- form to use for offering capacity. \\ Influenced by long term bookings, the booking behaviour of the net- work users leads to a decrease of the daily bundled capacity product in 2017.

\\ Increased share in favour of yearly capacity products has been influenced by exceptional yearly capacity booking in March 2017.

\\ Even if the ratio of the utilised secondary market to traded bundled ca- pacity is marginal, it is important to see that there was increasing vol- ume of bundled capacity traded on the secondary market. The expectations for the 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 for network users to different European markets.

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ENTSOG Implementation Monitoring and Effect Monitoring of CAM NC 2017