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Presentation on theme: "Place your chosen image here. The four corners must just cover the arrow tips. For covers, the three pictures should be the same size and in a straight."— Presentation transcript:

1 Place your chosen image here. The four corners must just cover the arrow tips. For covers, the three pictures should be the same size and in a straight line. European Workgroup 5 th June 2014

2 1. General Update 2

3 Code Status Update CodeCurrent StatusImplementation date Congestion Management (CMP) Implemented1 st October 2013 (Fixed) Capacity Allocation Mechanism (CAM) CAM approved for EU wide implementation at relevant EU IPs.1 st November 2015 (Fixed) Gas Balancing (BAL) BAL approved for EU wide implementation 26 th March 2014 (Commission Regulation (EU) No 312/2014 establishing a Network Code on Gas Balancing of Transmission Networks.) 1 st Oct 2015 (subject to NRA approval for additional 12 months) (Fixed) Interoperability & Data Exchange (INT) In comitology. Comitology meetings postponed from 28 th April and 11 th July 2014, now to take place July and September/October 2015 (dates TBC). Q (Estimated) Tariffs Under development. Code to be submitted 31 st December 2014.Estimated earliest mid January Applicable from October Incremental Capacity Under development. Incremental Capacity to be introduced via combination of new articles in CAM Network Code and via Tariffs Network Code. Code amendment to be submitted 31 st December Applicable from March 2017

4 Gas Codes Timeline

5 Road Map Notes: 1) Long term capacity auctions may need to be delivered in conjunction with short term auctions

6 2. EU Code Updates

7 CAM Matthew Hatch

8 CAM & Bacton UNC Modifications  First Modification Development Workgroup held 3 June 2014  Key principles CAM Mod 500  Key principles Bacton split Mod 501  Next Workgroup planned for early July 2014 (date to be confirmed) 8

9 Consultation on Capacity Booking Platforms  ENTSOG press release 16 th May 2014  ENTSOG launched consultation on Capacity booking platforms  The consultation started 19 May 2014 and will be open until 30 June 2014  ENTSOG website can be found at 9

10 Tariff Code & Incremental Capacity Amendment Colin Hamilton

11 EU Tariff Code update  Draft TAR NC completed and approved by ENTSOG Board 28 th May  Draft Code and supporting document published end May   Public Consultation on the draft TAR NC will take place from the end of May to the end of July  Next Stakeholder Workshop – 25 th June

12 EU Incremental Amendment update  Draft INC Amendment now completed and approved by ENTSOG Board 28 th May.  Draft Code and supporting document published end May   Public Consultation on the draft INC amendment will take place from the end of May to the end of July  Next Stakeholder Workshop – 24 th June For further information, please contact Colin Hamilton

13 3. UNC Modification Plans

14 Phase 2 UNC Modifications Potential Timescales EU Network CodeArea of changePanel SubmissionWorkgroup Development UNC Consultation Gas Balancing (BAL)Information ProvisionMarch MonthsJune 2014 SMP Buy & SellApril MonthJune 2014 Nomination Process at IP’sApril MonthsQ Capacity Allocation (CAM) CAM / CMP Compliant Capacity Auctions Q MonthsQ Interoperability & Data Exchange (INT) OBAs / allocationsJul/Aug MonthsQ Interconnection Agreements/Contract Changes (facilitating Modification ) Q MonthsQ Data ExchangeQ MonthsQ

15 4. Draft Modifications

16 Draft Tariff Code – Walk Through Colin Hamilton ENTSOg publishing document Friday 30 th May therefore not available until Monday 2 nd June

17 REMIT Michael Jenner

18

19 REMIT: Secondary Trade Reporting  TSOs not obligated to provide secondary capacity trading data - we are not one of the counter-parties and therefore do not hold the relevant data.  Those trading on the secondary market need to provide this data.  However, NG are very happy to work with market participants to find an effective solution to provide this data to ACER.  We suggest that one solution could be for Xoserve to become the delivery agent for secondary data in much the same way as it will become for primary data as per the NG project.  NG is now beginning work with Xoserve on designing the IT systems to provide primary data to ACER. We offer shippers and traders an opportunity to collaborate with our REMIT reporting project such that it could become a solution to secondary reporting requirements for GB markets participants.  However, Xoserve would need the price data which it does not currently hold.  If market participants wanted Xoserve to provide this REMIT data service on their behalf, they may need to formally contract Xoserve to do so. Confidentially assurances on how Xoserve would deal with and store the relevant price data may be needed.

20 Bridge to 2025 & GTM Michael Jenner

21 Bridge to 2025 and GTM Bridge to 2025  Bridge to 2025 consultation closes 16 June 2014  Consultation can be found here: 2025/default.aspx  Final bridge paper to be published September 2014 Gas Target Model (GTM) update  Comments on GTM invited now  Latest slides and updates from 15 May workshop can be found here: Workshop/default.aspxhttp://www.acer.europa.eu/Media/Events/3rd-Gas-Target-Model-Stakeholders- Workshop/default.aspx  Final GTM to be published September / October 2014

22 EU Gas Quality Harmonisation Update Phil Hobbins

23 EU Gas Quality Harmonisation  CEN has issued its draft gas quality standard for public consultation to national standardising bodies  BSI has published the standard on its website at https://drafts.bsigroup.com/Home/Details/53031  BSI committee GSE/4 will co-ordinate GB comments on the standard  BSI deadline for comments is 31 st August 2014  CEN deadline for BSI to send GB comments is 8 th October 2014  The EC are proposing to hold a Gas Quality workshop in Brussels on 1 st July 2014  For further information, please contact ( )


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