European Gas Operation


Given that the Network Codes are still being developed or are in the process of implementation, the ACER decided to recommend to the Commission (on 3 June 2014) that there is currently no need to launch a new FG/NC process. This is also in line with the views expressed by most stakeholders in the public consultation and in the expert group.
Hence, the ACER will not start the work on new binding rules, rather will assess the issues after the implementation of the codes and decide, whether further harmonisation is necessary.

The ACER’s intention is also to review and assess whether remedies are needed, when it comes to:

• different capacity products on offer
• different contractual terms and definitions
• design and procedures of virtual trading points, once the NC Balancing is implemented
• secondary capacity markets and ways to facilitate secondary capacity trading

Gas TSO’s transparency platform

EU GAS Transparency

For all Member States of European Union it is important to ensure that consumers and other market participants can have confidence in the integrity of electricity and gas markets, that prices set on wholesale energy markets reflect a fair and competitive interplay between supply and demand, and that no profits can be drawn from market abuse.

The goal of increased integrity and transparency of wholesale energy markets should be to foster open and fair competition in wholesale energy markets for the benefit of final consumers of energy.

For more information about the transparency in European energy market, please consult the REMIT section on our website.

REMIT – Regulation no 1227/2011

 Full text of Regulation here.

 

REMIT – Implementing Act – Regulation no 1348/2014

Full text of Regulation here.

Operational, technical, communications and business-wise interoperability is a prerequisite for the good functioning and the integration of gas markets. The lack of harmonisation in these areas  poses barriers to cross-border gas transport and to the creation of an integrated and competitive internal European energy market.

 The main objective of the Framework Guidelines and Network Code on Interoperability and Data Exchange Rules is therefore to facilitate cross-border gas transports and effective market integration through the application of a number of harmonised principles and common rules on issues such as
  • the establishment and/or amendment of Interconnection Agreements (including default rules on e.g. flow control, measurement principles, matching processes & allocation of gas quantities, exceptional events and amendment procedures for the Interconnection Agreements),
  • a common set of units to be applied,
  • the managing of gas quality differences & the monitoring of gas quality,
  • odorisation,
  • common data exchange solutions,
  • and dispute resolution.   Source: ACER

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Our interest and the interest of European Union is to have a fair competition in wholesale energy markets.

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