Presentation on theme: "Gas Regional Initiative – North West Region The Hague 13 December 2007 Day Ahead On x-borders of 2008 Presentation to the RCC."— Presentation transcript:
Gas Regional Initiative – North West Region The Hague 13 December 2007 Day Ahead On x-borders of 2008 Presentation to the RCC
2 DA Making progress RCC, The Hague, 13 December 2007 Outline 1.What happened in 2007? 2.What do we want for 2008? 3.What actions RCC needs to decide on?
3 DA Making progress RCC, The Hague, 13 December What happened in 2007 ? 2ndary firm: We designed the product, identified as well as remedied bottlenecks. Project is to kick start in April ry interruptible: We ran into legal bottlenecks. We decided to park it for a small while in the spring Started slowly again after SG in October.
4 DA Making progress RCC, The Hague, 13 December What do we want for 2008 ? Same as in 2007: ‘no half empty gaspipes’. We want the existing pipes used as fully as possible. We want commitment of TSOs (and strong players) to make that happen. This is partly being achieved through the start of DA 2ndary firm pilot in April Still we need to make sure the ‘sword of Damocles’ of 1ry interruptible product is worked on as well. What does it mean for possible actions of RCC?
5 DA Making progress RCC, The Hague, 13 December a. What actions RCC needs to decide on? 1.Legal work, whole pilot: We wrote to governments on DA legal bottlenecks. Do we ask for response timing ? In addition, how about work on new solutions like EFET Tulip auction proposal. 2,2ndary firm: We need to keep pressure up. So we monitor to and from April We decide on evaluation for DEC ry interruptible: We need to decide if/how (hard) we pursue. And in which WS. There are 3 options presented in next slide 3b. Two risks for all 3 aspects above TSOs don’t want to work on it. Too many efforts in different groups/levels aimed at same create less.
6 DA Making progress RCC, The Hague, 13 December b. What actions RCC needs to decide on? Scenario 1: we follow current EFET proposal 1 st step. Improved information transparency to allow shippers to evaluate better the risks of interruption on either side of a border; -Current TSO proposal in WS Transparency for end of 2008 is a good step. But how we ensure it is delivered. 2 nd step. Some form of conditional or linked bidding whereby a party is not left with capacity on one side of a border, or returnable capacity in the event that a capacity chain cannot be completed. 3 rd step. Convergence of definitions of interruptible service and of allocation techniques; -this is prerequisite to take before start with bundling! (see 4 th step) 4 th step. Bundling of capacity - longer term solution, see 3 rd step above for quick win. Scenario 2: we choose 1 stone to push - Bundling of products. Scenario 3: we wait till start of the pilot in April 2008 and then decide.