Transcript EP ITRE hearing - 24 Jan 2008

Does the Third Package provide the European TSO
associations with the tools necessary to find solutions to the
European energy challenge ?
Nigel Sisman, GTE+ Senior Adviser
[email protected]
Energinet.dk New Tasks New Tools conference, Copenhagen 12th March 2008
Current state of play
• 27 countries
• > 40 transmission system operators (TSOs)
• Several hubs, some mature, some emergent
Third Package – the third attempt to deliver a single European gas market
The Third Package Framework
Need
Commission
• Clear roles and responsibilities
• Checks and balances
Consumers
Shippers
Traders
Producers
Overcome barriers at 3 levels
• Legal
• Regulatory
• Contractual & Industrial
The TSOs role
• secure, reliable and efficient operation of the
transmission networks which are the backbone of the
gas system
• provision of the market place for interested stakeholders
by bridging the gap between physical and contractual
aspects of gas transmission (‘commodity-making
principle‘)
TSOs cannot ensure a properly functioning market however
TSOs can provide the necessary foundation to enable a flourishing market
TSOs Third Package Responsibilities
TSO role
• Tasks include, in particular, the adoption of:
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an annual work programme
technical and market (network) codes in 11 areas
a 10-year network development plan every two years
annual winter supply outlooks
an annual report
• Consultation processes
– To establish the annual workprogramme
– To consider change proposals
– To inform 10 Year Capacity Development Statement
Provide
• capacity,
• access services,
• information
to facilitate the market
Robust
Responsive
Transparent
consultation
Outputs
Network Codes to provide the foundation for the market
Capacity Development Statement to inform the market
Agency
• To enhance regulatory co-ordination
• To support and endorse codes
• To monitor the implementation of the codes and assist
compliance via NRAs
Agency support and regulatory co-ordination essential to develop change
Commission role
• Directives and regulations
– ensuring the policies are implemented
• Addressing legal inconsistencies
– to enable implementation process
• Comitology
– where ENTSOG technical and market codes are not implemented
TSOs progress towards formal TSO body
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‘Shadow formal body‘ (GTE+) established by GTE members
3 Senior Advisers hired
Market consultation on the work programme in the spring
Key deliverables for this year are
– Transparency platform
– 10-year network development plan
– Winter outlook
Conclusions
• Third Package a good step
– Only minor refinements necessary
• TSOs must
– establish ENTSOG
– develop robust consultation processes
– involve all stakeholders
• The Agency must
– offer opinions on ENTSOG work
– make recommendations to implement
– deal with regulatory, and assist with legal barriers
• Commission must
– ensure Directives/Regulations implemented
– assist address legal inconsistencies
– resort to comitology if appropriate