CSE, Central South Europe
Harmonization of the Rules for Capacity Allocation by Explicit Auctions (version 1) within CWE, CSE and Switzerland Regions
Following the works initiated within Central West Europe (CWE) Region, Central South Europe (CSE) Region and Switzerland, a new step towards the single European energy market is now achieved with the setting up of a single set of Rules for allocating capacity rights via Explicit Auctions within these Regions.
Called “Rules for Capacity Allocation by Explicit Auctions Version 1.0 within Central West Europe Region (CWE), Central South Europe Region (CSE) and Switzerland”, these Auction Rules replace the CWE Auction Rules, the Italian Borders Auctions Rules, the Germany – Switzerland Auction Rules and the Austrian – Switzerland Auction Rules.
They are valid for physical transmission rights with a delivery date starting from the 1st of January 2012 and for the following country borders: Netherlands - Germany, Netherlands - Belgium, Belgium - France, France - Germany, France - Switzerland, Switzerland - Germany, Austria - Switzerland, France- Italy, Switzerland - Italy, Austria - Italy, Slovenia - Italy and Greece - Italy.
The Auction Rules have been submitted to a market consultation during 3 weeks from the 13th September to the 4th of October 2011. A document summarizing the comments received together with TSO’s answers to them is published simultaneously.
The main improvements are:
- One unique agreement for managing the contractual relationship between the joint auction office CASC.eu and the Participants on 12 Country Borders;
- Participants can access Yearly Auctions, Monthly Auctions and Secondary Trading for all country borders covered by the Auction Rules once they are entitled for nominating in one country of CWE, CSE or Switzerland Regions (entitlement for Daily Auctions remains per country border);
- The allocation of capacities on the France - Switzerland Border is now covered by the Auction Rules;
- For all CWE Country Borders (Netherlands - Germany, Germany - France, France - Belgium and Belgium - Netherlands), the compensation scheme in case of reduction of held capacities is harmonized and consists in a day-ahead spot market spread compensation with only one cap based upon the revenues for the concerned month;
- For CWE region, the capacity holders’ names of yearly and monthly auctions are published;
- Force Majeure is harmonized for all CWE, CSE and Switzerland.
The registration and the entitlement process will be performed by CASC.EU, the Auction Operator appointed by all CWE, CSE and Switzerland TSOs.
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Documents updated on: 11/30/2011
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