CMP IMPLEMENTATION ROADMAP 20 th IG meeting Madrid 19 th November 2012
2 CMP implementation TSOs are currently working on the interpretation of the CMP text from the EC decision of 24 August 2012 The different mechanisms need a detailed analysis by TSOs and further definitions from EC/NRAs Coordination work must be done at a country level as well as at regional level for a successful implementation Oversubscription and buy-back mechanisms request a particular evaluation due to the risks/rewards associated for TSOs. The following CMP implementation roadmap is a first proposal and must not be seen as a formal engagement from TSOs until further precisions are given to the different mechanisms
3 NRAs Stake holders TSOs Roadmap CMP implementation /2014 July 2013 CMP implementation roadmap agreement UIOLI LT proposal Capacity Surrender proposal Oversubscription / Buy-back proposal Approval by NRAs of UIOLI LT proposal Approval by NRAs of Cap. Surrender proposal October 2013 January 2014 April 2014 April 2013 January 2013 October 2012 Oversubscription/ buy-back Market consultation Oversubscription / Buy-back start implementation Stakeholders feedback on UIOLI LT and surrender UIOLI LT, Capacity Surrender, Oversubscription and Buy-back come into force for the concerned IPs Approval by NRAs of Oversubscription / Buy-back proposal Evaluation of contractual congestion situation at the different IPs UIOLI LT and Cap. Surrender Market consultation UIOLI LT and Capacity Surrender start implementation UIOLI LT and Capacity Surrender Operational
Roadmap CMP implementation /2016 Approval by NRAs of UIOLI FIRM ST proposal March 2016 December 2016 October 2014 April 2014 Stakeholders feedback on Oversubscription / Buy-back October 2015 Dec 2015 July 2016 UIOLI FIRM ST proposal UIOLI FIRM ST start implementation Stakeholders feedback on UIOLI FIRM ST UIOLI FIRM ST come into force for the concerned IPs UIOLI FIRM ST Operational Oversubscription / Buy-back Operational January 2015 UIOLI FIRM ST Market consultation NRAs Stake holders TSOs
5 CMP implementation: key milestones UIOLI LT and Capacity surrender operational: 1 st October 2013 Oversubscription and Buy-back operational: 1 st April 2014 UIOLI FIRM ST operational: 1 st July 2016
6 CMP implementation Working Plan Areas of WorkResponsibleStartingDeadline CMP Implementation roadmap agreementTSOs/NRAs/StakeholdersNov UIOLI LT proposalTSOsNov. 2012Feb Approval by NRAs of UIOLI LT proposalNRAsFeb. 2013Mar Capacity Surrender proposalTSOsNov. 2012Mar Approval by NRAs of capacity surrender proposalNRAsMar. 2013Apr Evaluation of contractual congestion situation at the different IPs NRAsMay 2013 UIOLI LT and capacity surrender Market consultationTSOs/NRAsMay 2013Jun UIOLI LT and capacity surrender implementationTSOsJul. 2013Oct Oversubscription / Buy-back proposalTSOsNov. 2012Jul Approval by NRAs of Oversubscription / Buy-back proposalNRAsJul. 2013Sep UIOLI LT and Capacity Surrender operationalTSOs1 st Oct Oversubscription / Buy-back Market consultationTSOs/NRAsOct. 2013Nov Oversubscription / Buy-back implementationTSOsJan. 2014Apr Stakeholders feedback on UIOLI LT and surrenderStakeholdersFeb Oversubscription / Buy-back operationalTSOs1 st Apr Stakeholders feedback on Oversubscription / Buy-backStakeholdersOct UIOLI FIRM ST proposalTSOsJan. 2015Oct Approval by NRAs of UIOLI FIRM ST proposalNRAsNov. 2015Dec.2015 UIOLI FIRM ST Market consultationTSOs/NRAsJan. 2016Feb UIOLI FIRM ST implementationTSOsMar. 2016Jul UIOLI FIRM ST operationalTSOs1 st Jul Stakeholders feedback on UIOLI FIRM STStakeholdersNov. 2016
Thank you for your attention!