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Gas Regional Initiative Region North-West Transparency Project Nicola Meheran, Ofgem

Gas Regional Initiative Region North-West Transparency Project Nicola Meheran, Ofgem. Purpose. Transparency is a critical element in ensuring an effective functioning internal European market.

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Gas Regional Initiative Region North-West Transparency Project Nicola Meheran, Ofgem

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  1. Gas Regional Initiative Region North-West Transparency Project Nicola Meheran, Ofgem

  2. Purpose Transparency is a critical element in ensuring an effective functioning internal European market. Gas Regulation No 715/2009, effective from 3rd March 2011 includes a number of enhanced transparency requirements under Article 18 and under amended Chapter 3 of Annex 1 of the Gas regulation GRI NW has had significant success in the past driving improvements in Gas market transparency We can ensure these new requirements are implemented correctly in a coordinated manner GRI NW can transfer lessons learnt to other regions

  3. Objective The objective of this project is to: Monitor compliance of TSOs against the requirements outlined under Article 18 and amended Chapter 3 of Annex 1 of Gas Regulation No 715/2009 Final output Publish a compliance assessment report

  4. Project Update

  5. Proposed next steps Compile completed questionnaires and publish them alongside a cover note with some questions for stakeholders Use stakeholder responses and regulators assessment of the completed questionnaires to determine TSO compliance Publish compliance assessment report Do you have any views on the proposed next steps?

  6. Gas Regional Initiative Region North-West Investment Project Marie-Claire Aoun, CRE IG / RCC meeting The Hague – 15 September 2011

  7. Two objectives: • Initial aim: Help ENTSOG/TSOs with the regional plan work in 2011 • Definition of the scope and of the value added of these regional plans compared to national and EU TYNDPs • Follow up of the Investment Project 2010 – discussion paper • Monitor the open season between France and Luxembourg and share lessons for future processes

  8. Feedback from ENTSOG ENTSOG will inform PO of progress of the GRIP Where direct support of GRI NW would be helpful, ENTSOG will ensure that the PO is advised Welcome an opportunity to present the GRIP at the next SG Next year, several regional projects could arise from the GRIP (workplan 2011-2014) Feedback from stakeholders IFIEC: “Happy that investment is still a leading issue in the GRI NW” Full support for the project Update on the project 1/2

  9. EFET: “The goal should be for TSOs to provide information on capacities and costs of the various investment options – take investment decision in response to market needs participants” “A joint assessment of TSOs and NRAs of the cross-border investment options is an important first step which could be shared with GRI NW market participants through the GRIPs” Decision RCC (May): draft a letter for the leading TSO/ ENTSOG with minimum requirements Will be sent end September Update on the project 2/2

  10. ACER formal opinion on the 2nd TYNDP –link with the GRIPs • Need for consistency and comparability between European Regional and national investment plans • Close collaboration between ENTSOG, TSOs, NRAs and ACER • Main objectives of the GRIPs • Identify investment needs and remedy cross-border congestions • should contribute to higher consistency between national and Community-wide TYNDP • Ensure a consistent design for cross-border projects • Involvement of stakeholders is crucial to develop investment plans according to market needs • ACER invites TSOs to use the existing GRI structures in order to present regular updates to the stakeholders and promote dialogue

  11. Monitoring the OS between France and Luxembourg • Open season to increase firm capacity from France to Luxembourg • Coordinated process between the TSOs (CREOS and GRTgaz) and the regulators (CRE and ILR) • Non-binding phase launched at the SG meeting (26 Nov.2010) – ended 31 January 2011 – sufficient to launch a binding phase • Launch of the binding phase currently under discussion • Aim of the project: • Use the GRI NW as a platform for discussion of the process • Outcome of discussions synthesized in a short paper in order to share the lessons from this process, in terms of coordination, allocation rules (joint allocation office), transparency etc… • Feed the discussions on the European level: revision of the GGPOS • Expected milestones: • The final paper on lessons learned will be delivered after the end of the binding phase

  12. Thank you for your attention!

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