ENTSOG Tariff NC - Implementation Document 2nd Edition

regulatory regime

What is set per Article 41(6)(a) of the Gas Directive?

max transmission tariff based on revenue

revenue

price cap regime

non-price cap regime

How is the TSO revenue defined?

\\ sum of expected transmission and non-transmission services revenue \\ for the provision of services by TSO \\ for a specific period in a regulatory period

\\ sum of expected transmission and non-transmission services revenue \\ for the provision of services by TSO \\ for a specific period in a regulatory period \\ which TSO is entitled to obtain

target revenue

allowed revenue

Figure 8: TAR NC regulatory regimes

ARTICLE 3(5) AND 3(23)

REGULATORY PERIOD AND TARIFF PERIOD

Responsibility: subject to national decision based on Article 41(6)(a) of the Gas Directive

The TAR NC distinguishes between the concepts of ‘regulatory period’ and ‘tariff period’. The regulatory period is a more general concept, for which ‘the general rules for the allowed or target revenue are set’ , while the tariff period stands for the time period ‘during which a particular level of reference price is applicable’ . The TAR NC also sets out the rules regarding the interrelation between the two concepts in terms of their duration. The tariff period is normally shorter than the regulatory period, and one regulatory period comprises several tariff periods. The tariff period may also coincide with the regulatory period, but one tariff period will never be associated with more than one regulatory period. In Austria and Belgium both the regulatory period and tariff period last four years, in Slovakia they last five years, while in Poland and Sweden they last only one year. Figures 9 and 10 show different regulatory periods and tariff periods in the MSs whose TSOs are ENTSOG Members   1) . No information appears for the MSs whose TSOs are ENTSOG’s Associated Partners. As part of the implementation of the TAR NC, the NRA may decide to change the tariff period and the regulatory period. The Maps below reflect the situation as of September 2017.

 1) See ENTSOG’s website for the list of Members, Associated Partners and Observers: www.entsog.eu/members

40 |

TAR NC Implementation Document – Second Edition September 2017

Made with FlippingBook Online document