GSA_Current_Status_v4_final_20141211

GSA –
Brief information
the system, that connects
Bucharest, 12 December 2014
Legal basis for capacity auctions
EUROPEAN:
CAM NC: European Network Code on Capacity Allocation Mechanisms
(NC CAM), adopted by Commission Regulation (EU) No. 984/2013 of 14
October 2013. According to this network code, the capacity allocation on
Interconnectors in all Member countries of the European Union, shall be
allocated only through auctions on auction platform(NC CAM) comes into
force as of 1st November 2015.
POLAND:
TNC: the new Transmission Network Code (TNC) – according to the p. 20.5.
approved on 22nd November 2013 r. by the President of Energy Regulatory
Office, the capacity allocation on interconnectors shall be allocated
through auctions. To achieve this obligation GAZ-SYSTEM S.A allocates the
capacity on interconnectors on the GAZ-SYSTEM Auctions platform to
which access is provided by Information Exchange System (IES)
Legal background for capacity platforms
■
EU regulatory framework designed to complete an internal market and foster competition:
■
III energy package
■
Directive 2009/73
■
Regulation 715/2009
■
Network Codes, including CAM NC
Article 27 of CAM NC:
1. Transmission system operators shall apply this Regulation by offering capacity by means of
one or a limited number of joint web-based booking platforms. Transmission system
operators can operate these platforms themselves or via an agreed party that, where
necessary, acts on behalf of them towards the network users(…).”
■
■
Other legal acts, including i.a. TENE Regulation
Our goal is to provide:
■
a solution allowing to implement the provisions of the European Network Code on Capacity
Allocation Mechanisms (NC CAM), adopted by the Commission Regulation (EU) No. 984/2013
of 14 October 2013 at reasonable costs.
■
high quality services that will satisfy both the Transmission System Operators and their Shippers.
GSA Implementation
STAGE I (July 2014)
• Multi TSO model
• Bundled and unbundled products
• Monthly, Quarterly, Yearly products
GSA Platform
2012
2013
2014
Information Exchange System
for GAZ-SYSTEM S.A. clients
STAGE II (31 DECEMBER 2014)
• Memorandums of understanding
• Pilot projects
• Cooperation agreements
More than 503
registered users
More than 200 auctions
conducted successfully
from December 2013
2015
Maintenance 24/7
• Additional interface ([email protected] v5 in
accordance with BRS CAM ENTSOG)
• Full CAM NC compliance
• Multicurrency
• Secondary Market
• Advanced security mechanisms
• Multilanguage
• Tariff calculator
• Financial security check
• Daily & Within-day Auctions
GSA - status of implementation
STAGE 1 (completed on 21 July 2014):
■
2 TSOs (GAZ-SYSTEM, GAZ-SYSTEM ISO)
■
Few TSOs testing the platform
■
60 auctions conducted so far (bundled and unbundled capacities)
■
Stage 1 of the Platform is fully implemented and used on the regular basis.
■
GSA is the only tool now used in GAZ-SYSTEM for the allocation of the capacities
■
Q and M auctions are performed on a daily basis (also bundled)
STAGE 2 (testing procedure, 31 Dec 2014):
■
Stage 2 of the Platform (full CAM NC compliance) is currently being tested
COOPERATION WITH OTHER TSOs:
■
Pilot project with the Czech TSO – NET4GAS in progress (implementation 2015)
■
Discussion with other TSOs about other pilot projects
■
Discussion with German TSOs and German NRA ongoing
Pricing and governance philosophy
PRICING:
■
Each TSOs joining the GSA Platform, will lower unit cost of its operation and implementation
(per IP)
■
Annual Fee estimated around 15 000 – 20 000 EUR per Contractual IP (per direction)
■
The fee for use of the platform will be independent from the number of auctions carried out by
Operator at the Contractual IP (per direction)
■
Pilot projects free of charge
GOVERNANCE:
■
For the time being GAZ-SYSTEM is the sole owner of the Platform
■
Council of TSOs to be established in case other TSOs shall joint on permanent basis
■
If requested by other TSOs various different business models can be considered
■
Main focus on costs control
Cooperation with other platforms
1.
Each TSO should have a free choice to select the platform based on: effectiveness,
user friendliness, optimal financial model, adapted to the specific situation of each
operator. It should not be forced to do that
2.
GSA and other available platforms on the market meet the needs of particular groups
of TSOs and reflect the situation in particular regions in EU in terms of market
development
3.
As soon as possible (GSA approach), the way of cooperation between the platforms
should be agreed on
4.
Single Contractual IP should be auctioned on a single platform
5.
At the present stage the solution seems to be:
1.
Contractual IP on one platform. It means that capacity on two directions could be
auctioned via two different platforms
2.
In case of a cross border point between two TSO using different platforms – TSOs
should choose one platform and respect exclusively their costs. It means that TSO
which is not a user of a chosen platform should not bear the costs of using that
platform
the system that connects
Auction calendar by CAM
Products
Publication of auction
Yearly
1 month before the start 1st Monday of
of the auction
March
Quarterly
2 weeks before the start
(X-XII, I-III, IV-VI,
of the auction
VII-IX)
Monthly
1 week before the start
of the auction
Start of the auction
1st Monday of June
(for all four quarters)
3rd Monday
Ascending Clock auction algorithm
Start of the auction
Submit a bid
Transfer to the GSA
platform
Open next bidding
round
Result for Shippers
Design standard
products
Evaluate bidding
round
OR
Send result to TSO
and Shipper
Evaluate offered
capacity
TSO
GSA
Shipper
Book capacity and
setup contract
Publish result on
platform
Daily capacities by CAM
Daily and intraday products allocations – start at 16:30 D-1
Firm capacity allocated by one price auctions
Interruptible by over-nomination when whole firm booked
Aviable for day ahead 100
DA FIRM:100
booked 80
booked 100
DA INTERR
OVER NOM
(WID INTERR)
WID FIRM (long):20
booked10
booked 20
OVER NOM
(WID INTERR)
WID FIRM (short): 10
booked 10
OVER NOM
(WID INTERR)
Auctions – key information
Before the auction:
• TSOs must be registered in GSA platform
• Shippers must be registered in GSA platform and with particular TSOs
• Auctions must be published by TSOs in advance in the Auction
calendar
• Auction price steps must be published in advance before the auction
How to access the GSA? - TSO
TSO
GSA Agreement
for pilot project
(limited number
of auctions)
GSA
Agreement for
regular usage
of the GSA
Appendices:
- Platform functionality
modules,
- GSA Rules,
1. To test the GSA, the TSO concludes a
pilot agreement, which enables him to
execute a limited number of auctions
only.
2. After the pilot phase, if the TSO wants
to use GSA for designated points in a
permanent way, it concludes a longterm agreement with GAZ-SYSTEM.
3. Similar content of both agreements.
- GSA Manual – user
being TSO
GSA documents: https://auctions.gaz-system.pl/files/downloads
How to access the GSA? - Shipper
SHIPPER
Agreement for
the use of the
GSA (GSA Rules)
Scan of Power of
attorney & extract
from commercial
register from
Shipper’s First User
Documents
required by
TSO/TSO’s
1. To register and use the GSA, the Shipper
concludes an agreement for the use of the
GSA (GAZ-SYSTEM Auction Platform Rules).
2. To conclude the agreement for the use
of the GSA, the Shipper needs to provide
electronic versions of a power of attorney
and excerpt from commercial register.
3. To use the GSA, the Shipper needs to be
activated by a chosen TSO, after he
submits all the documents required
by a given TSO.
GSA documents: https://auctions.gaz-system.pl/files/downloads
Auctions – key information
During the auction:
• All users participating in the auction are anonymous
• Bids during the auctions are anonymous
• Price steps are published in advance
• Large price step
• Small price step (20% of Large price step)
• Auction rounds starts at 9 AM and must finish until 6 PM, if not, the
auction is continued next day
• Auction rounds timeline:
- 1st Round – 2 h
- 2nd Round – 30 min
- Breakdown between the rounds – 30 min
Auctions – key information
After completion of the auction:
■ Users which acquired capacity during the auction will receive
separate information via email
■ If the capacity as the result of the auction is acquired by particular
User, that means that the transmission contract is concluded
■ Capacity which was not allocated is offered in the next auctions, for
the shorter products
■ Official results are published on the GSA website:
https://aukcje.gaz-system.pl/auctions?tab=A&onlyBundled=false
GSA – Auction Results
SHP
8
3
How to access the GSA? How to test the GSA?
PRODUCTION ENVIRONMENT:
https://auctions.gaz-system.pl/
TEST ENVIRONMENT (For interested TSOs, NRAs):
https://auctions.gaz-system.pl/test
We invite all interested companies to test GSA Platform
functionalities and become familiar with the documents!
Thank you for your attention
the system, that connects
Stanisław Brzęczkowski
– Chief Specialist, National Gas Dispatching Center
[email protected]