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Transparency requirements in accordance with the provisions of Regulation 715

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

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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!

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