ENTSOG Implementation and Monitoring Report 2017 - Balancing Network Code

\\ Interim imbalance charge (Art. 49 of BAL NC)

Table 7 provides an overview of the 11 countries (BG, DE, EL, IE, LT, LV, PL, RO, SE, SK and UK- NI) which have interim measures in place. All these countries except two (DE and PL-H 1) ) which stated other reasons, reported that the absence of sufficient liquidity in short term wholesale gas market was the reason for apply- ing interim measures.

In the absence of sufficient liquidity of the short- term wholesale gas market, TSOs may apply interim imbalance charge which shall substitute the daily imbalance charge calculation method- ology.

\\ Usage of tolerances (Art. 50 of BAL NC)

The tolerances are meant to reduce network us- er’s financial exposure to the marginal sell or buy price in respect of a part of or the network user’s entire daily imbalance quantity for the gas day.

1) Poland applied for interim measures due to lack of locational products offered on the trading platform and no possibility of trading on short term markets (day ahead and intra-day) for up to 22 hours, 7 days a week, which will enable liquid balancing throughout the gas day.

One type of Interim measures

Two types of Interim measures

Three types of Interim measures

Map 5:  Interim measure overview of current application by 1 Oct. 2017

ENTSOG BAL NC Implementation and Effect Monitoring Report 2017 | 27