ENTSOG Implementation and Monitoring Report 2017 - Balancing Network Code

2.9 INTERIM MEASURES (CHAPTER X OF THE BAL NC)

\\ Alternative to a balancing platform (Art. 48 of BAL NC)

BAL NC offers the flexibility of implementing interim measures in the absence of sufficient liquidity in the short-term wholesale gas market in order to have enough time to develop a more liquid and competitive short-term market.

If a trading platform was not implemented since short term wholesale gas market has or is antic- ipated to have insufficient liquidity, BAL NC of- fers TSOs with the flexibility of implementing a balancing platform. Where a balancing platform cannot increase the liquidity of the short-term wholesale gas market as a result of insufficient interconnection capacity between balancing zones, an alternative to a balancing platform, such as a balancing service, may be used in order to enable TSO to undertake efficient balancing actions.

There are four types of interim measures:

\\ Balancing platform (Art. 47 of BAL NC)

A balancing platform can be established for the purpose of TSOs balancing in case the short- term wholesale gas market has or is anticipated to have insufficient liquidity or where temporal and locational products required cannot reason- ably be procured on this market. A balancing platform is a trading platform where a transmis- sion system operator is a trading participant to all trades.

Overview of the Interim measures applied by 1 October 2017

Alternative to a balancing platform

Interim daily imbalance charge

Country

Balancing platform

Tolerances

BG

–

In place

In place (administrated price)

In place (5% of the exit capacity of each NU)

DE

In place

–

–

-–

EL

Planned (H1/2018)

In place

In place (administrated price)

In place (+/− 10%)

IE

–

In place

In place (proxy for market price)

In place (different level for all entry- and exit points)

LT

–

–

–

In place (+/− 5% during Oct-April and +/− 15% during May-Sept)

LV

–

In place

In place

–

PL

In place

–

In place for L-gas (price derived from balancing platform trades) and TGPS (proxy for market price)

In place for H-gas

RO

–

In place

In place (proxy for market price)

In place (5%)

SE

In place

–

In place (price derived from balancing platform trades) In place (price derived from balancing platform trades)

–

SK

In place

In place

–

UK-NI

–

In place

In place (proxy for market price)

In place (different for exit points)

Table 7: Overview of the Interim measures applied by 1 October 2017

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ENTSOG BAL NC Implementation and Effect Monitoring Report 2017