1. European Transparency Requirements
Transmission Workstream
3rd April 2008

2. European Transparency Drivers
Transparency seen as key to liberalization of European gas market
Drivers:
Compliance with existing EC Regulation 1775/2005
3rd Package of amendments to current Regulation/Directives on gas market liberalization
Gas Regional Initiative (GRI)
GRI NW Roadmap

3. GRI NW Transparency Project
European Regulator’s Group for Electricity and Gas (ERGEG), of which Ofgem is member, established Gas Regional Initiative in April 2006
Promote further liberalisation of national markets
Develop regional solutions as stepping stone to European gas market
UK within GRI NW

4. GRI NW Transparency Project
Aim: improve publication of capacity and flow data
Transparency project plans developed by TSOs
Demonstrate commitment to respond to market requirements
Established TSO information release principles
e.g. release will not prejudice any TSO customer, TSO or any other stakeholder
Operators response to EFET “wish list”/Ofgem transparency questionnaire
Agreed information provision extends beyond requirements of EC Regulation 1775/2005

5. NW GRI Transparency Project Agreed Information Release
Capacity
Maximum technical capacity of the transmission system
Level of interruption probability
Daily commercial firm and interruptible capacity
Flow Information
Daily flow and interruptions
Daily prompt allocation information to each shipper
Daily aggregate day-ahead nominations
Historic gas flow information database
Information only refers to cross-border interconnection points and LNG terminals

6. UK Compliance requirements
UK regime largely compliant and frequently exceeds requirements
Only 2 gaps identified concerning exit capacity and day ahead nominations
Compliance requires
provision of day ahead nominations at interconnectors and LNG terminals
Bacton (IUK), Bacton (BBL), Moffat, Easington (Langeled), Milford Haven, Isle of Grain
publication of maximum, sold and available exit capacity at interconnectors
Bacton IUK and Moffat
TSOs to publish agreed data set no later than December 2008
Mods required to address information provision gaps

7. Future Developments
Roll out information published to all entry points and relevant Exit points
Current focus on capacity but post 3rd Package may include D-1 & D+1 information on supply/demand
Nominations, forecasts and realised flows in and out of System
“level of detail shall reflect information available to TSO”