ENTSOG Tariff NC - Implementation Document 2nd Edition

Note: In tables 58 and 59, P cl is the clearing price. The index used to calculate the IND is the index chosen at the time of product use and the same index at the time the product was auctioned. The consumer price in- dex, the producer price index a combination of both or another type of index can be used.

NETWORK USER 1

Year

1

2

3

4

5

6

7

8

9

10

P R,y

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

Index (at time of auction)

100.00 101.30 102.72 104.36 105.82 107.09 108.59 110.11 111.87 113.38

IND

1.00

1.01

1.03

1.04

1.06

1.07

1.09

1.10

1.12

1.13

P R,y after IND

1.00

1.01

1.03

1.04

1.06

1.07

1.09

1.10

1.12

1.13

RP

0.20

0.20

0.20

0.20

0.20

0.20

0.20

0.20

0.20

0.20

AP

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

P cl

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

P fix

1.20

1.21

1.23

1.24

1.26

1.27

1.29

1.30

1.32

1.33

∆

0.20

0.21

0.23

0.24

0.26

0.27

0.29

0.30

0.32

0.33

Table 58: Network user 1 – fixed payable price

NETWORK USER 2

Year

1

2

3

4

5

6

7

8

9

10

P R,y

1.00

1.50

1.50

1.50

1.50

1.50

1.50

1.50

1.50

1.50

Index (at time of auction)

100.00 101.30 102.72 104.36 105.82 107.09 108.59 110.11 111.87 113.38

IND

X

1.00

1.01

1.03

1.04

1.06

1.07

1.09

1.10

1.12

P R,y after IND

x

1.50

1.52

1.55

1.57

1.59

1.61

1.63

1.66

1.68

RP

x

0.20

0.20

0.20

0.20

0.20

0.20

0.20

0.20

0.20

AP

x

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

P cl

x

1.50

1.50

1.50

1.50

1.50

1.50

1.50

1.50

1.50

P fix

x

1.70

1.72

1.75

1.77

1.79

1.81

1.83

1.86

1.88

∆

x

0.20

0.22

0.25

0.27

0.29

0.31

0.33

0.36

0.38

Table 59: Network user 2 – fixed payable price

Conclusion: table 60 shows the difference between what Network User 1 and Network User 2 will pay for the same yearly standard capacity product. The price for Network User 2 is higher than for Network User 1 in the corresponding years as the reserve price was booked a year later. The reserve price had increased in that year, which increases the binding reserve price for all the subsequent years the capacity is booked for.

NETWORK USER 1 AND 2 COMPARISON

Year

1

2

3

4

5

6

7

8

9

10

P fix Net. User 1

1.20

1.21

1.23

1.24

1.26

1.27

1.29

1.30

1.32

1.33

P fix Net. User 2

x

1.70

1.72

1.75

1.77

1.79

1.81

1.83

1.86

1.88

Table 60: Network user 1 and 2 comparison – fixed payable price

TAR NC Implementation Document – Second Edition September 2017 | 227