ENTSOG BAL NC Monitoring Report 2016

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3.9 INTERIM MEASURES (CHAPTER X OF THE BAL NC)

55) Balancing platforms are used solely for the procurement of specific locational commodity products which are not offered at the trading platform in

order to ensure security of supply. The balancing platforms are therefore only used in case there is a specific locational balancing demand which

cannot be covered with STSPs traded at the wholesale market. Based on this strict limitation, the balancing platforms have no negative effect on

the liquidity at the short term wholesale market, since it is hardly used and only serves as a backup solution. Offers of balancing gas suppliers at

the balancing platform are furthermore non-binding for the supplier until they are accepted by the MAMs and therefore no flexibility is withheld

from the short term wholesale market.

56) Poland applied for interim measures due to lack of locational products offered on the trading platform and no possibility of trading on short term

markets (day ahead and intra-day) for up to 22 hours, 7 days a week, which will enable liquid balancing throughout the gas day.

BAL NC offers the flexibility of implementing

interim measures in the absence of sufficient

liquidity in the short term wholesale gas market

in order to have enough time to develop a more

liquid and competitive short term market.

Table 4 below provides an overview of the elev-

en countries including Estonia (BG, DE, EL, IE,

LT, PL, RO, SE, SK and UK-NI) which have

repeated (BG, DE, EL, LT, RO, SE and SK) or

reported (IE, PL for L-gas and TGPS, UK-NI)

new implementation of interim measures.

Bulgaria reported that the new balancing rules

will come into force by 1 January 2017.

All of these countries except two (DE

55)

and

56)

) which stated other reasons, reported that

the absence of sufficient liquidity in short term

wholesale gas market was the reason for apply-

ing interim measures.

Publication of updated interim imbalance report

Implementation of interim measures requires

publishing the first interim measures report ap-

proved by the NRA and as well as any subse-

quent updated reports, if necessary on an annu-

al basis.

Of ten countries applying interim measures four

of them (DE, PL, SK and UK-NI) updated and

published the interim measures reports. The

links are provided in

Annex I, table 1.3 .

The reasons given by these countries (BG, EL, IE,

LT, RO and SE) for not updating the interimmeas-

ures report are given in

Annex VIII, table 8.1 .

ENTSOG BAL NC Monitoring Report 2016 |