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Transparency requirements in accordance with the provisions of Regulation 715

Transparency requirements in accordance with the provisions of Regulation 715

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Transparency requirements in accordance with the provisions of Regulation 715

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  1. M.Sc. Aleš Osrajnik Transparency requirements in accordance withthe provisions of Regulation 715 ACER Workshop on Transparency in Gas Markets Compliance with transparency requirements from Regulation 715/2009 Ljubljana, 13 September, 2012

  2. Content • Introduction • History • Implementation of the requirements of Annex 1 • Challenges which we are facing • Proposals for next steps Transparency in Gas Markets

  3. History • Regulation (EC) No 1775/2005 on conditions for Access to the NaturalGas transmission networks • Regional approach tothe implementation ofthe provisions • Questionnaire • Assessment of the situation • Further implementation with the support of benchmarking • Closing up • National responsibility for maintenance and development Transparency in Gas Markets

  4. Implementation of therequirements of Annex 1 • Updating of the Questionnaire • Getting the answers (and demonstrations) from the system operator • At the same time the regulator completesthequestionnaire as well • Joint meeting with the system operator • End of the process of implementation……but not the end of the proces of development Transparency in Gas Markets

  5. Challenges with which we are facing • User-friendly manner – what is enough friendly? • Parallel process of evaluation • Look up for possible complaints of market participants • Development of standars of user-friendliness • Market opinion research Transparency in Gas Markets

  6. Challenges which we are facing • In downloadable format that allows for quantitative analyses • Several possibilities (xml, csv…) • What do we want to achieve? • Need for more exact provision regarding format Transparency in Gas Markets

  7. Challenges which we are facing • Transmission system operators shall publish a detailed and comprehensive description of the methodology and process, including information on the parameters employed and the key assumptions used to calculate the technical capacity • Why? • Comprehensive, but no need for complete description • Who has to be interested in this methodology that it should be publically available? Transparency in Gas Markets

  8. Challenges which we are facing • Transmission system operators shall publish harmonized conditions under which capacity transactions will be accepted. These conditions must at least include: • (a) a description of standardized products which can be sold on the secondary market; • Secondary market is market on which you try to sell something unstandardise • TSOs just enable that supply and demand canbe easily met Transparency in Gas Markets

  9. Next steps • Further development of transparency • Monitoring • Transparency should be permanent point on the agenda of gas regional initiative meetings • Development of standards and good practices • Active involvement of ACER Transparency in Gas Markets

  10. Thank you foryour attention!