ENTSOG BAL NC Monitoring Report 2016

59 / 127

Table 3.2: Lead-time of submitted trade notifications across countries by 1 October 2016
LEAD-TIME
≤ 30min ≤ 2 hours Not implemented
Countries AT, BE/LU, CZ, DE, ES, FR, HU, IE, IT,
LT, NL, PT, UK-NI (15)
BG1), DK2), EE*3), HR4), PL5), RO6), SE,
SI, SK7), UK-GB8)(9)
EL9)
1) In Bulgaria the lead-time is in accordance with the Balancing rules.
2) In Denmark the historic 2 hour lead time applies. No indication from market participants on demand for
shorter lead times. Will be considered as a future development area.
3) In Estonia the lead time is needed to allow matching process the required time. No plans to minimise the
time.
4) In Croatia the TSO has in plan to minimise the time for proceeding trade notifications, but the date is not
set yet.
5) In Poland (For all 3 balancing zones) – 2-hour lead time is required for notification submission (the same
as in case of nominations). The submitted notifications are processed and confirmed within 2 hours.
6) In Romania it is the time when notifications in the VTP becomes effective permits to extend the time for
processing them up to two hours.
Whenever the market conditions will require it (time before trade notifications becomes effective will
significantly be reduced). Transgaz is prepared to reduce the time for processing such notification
(< 30 min.)
7) In Slovakia the trade notifications are processed together with the nominations and the same lead-time is
applied.
8) In Great Britain the trade notifications can only be effective in the hour bar following.
9) In Greece trade notifications have not been set-up yet. However, currently the network users are able to
transfer gas between two balancing portfolios by submitting nominations at the Virtual Nominations Point
(VNP) of the Greek NGTS.
Table 3.3: Allocation rule of quantities in case of mismatches of trade notifications by 1 October 2016
ALLOCATION RULE OF QUANTITIES IN CASE OF MISMATCHES OF TRADE NOTIFICATIONS
Lesser rule Reject both trade notifications Both N/A
Countries AT, BE/LU, BG, CZ, DE, DK, EE*, HU,
NL, PL, PT, SK, SE, UK-GB
EL1), ES, HR, IE, RO, SI, UK-NI (FR2), IT3)) (LT4))
1) In Greece currently the nominations submitted by the network users (including VNP) have to be balanced.
According DESFA's proposal to the NRA regarding the revision of the Greek network code (pending approv-
al), non-balanced nominations/re-nominations are acceptable and the lesser rule will apply.
2) In France in case of mismatch of notification quantities, the lesser rule is applied.
When the re-notifications quantities are not equal, they are rejected.
3) In Italy according to PSV rules, quantities mismatches are upfront excluded (foreseen joint notifications at
PSV). Curtailments or rejections are however possible in case of missing financial guarantees coverage.
In case of OTC trading, both trade notifications would be rejected, while in exchange gas market trading
the lesser rule would be applied.
4) Notification is provided by seller, which is registered in NRA and trade notifications has to be agreed with
buyer.
ENTSOG BAL NC Monitoring Report 2016 | 59