Baltic Energy Market Interconnection Plan GRIP 2017

60 / 120

60 | BEMIP Gas Regional Investment Plan 2017
Natural gas supplies by means of the transmission infrastructure in Poland amount-
ed for 176.6 TWh in 2016. As far as import is concerned, 112.1 TWh of gas was
transported from the eastern direction, 28.5 TWh came from other EU Member
States like Germany and the Czech Republic, while the remaining 11.2TWh was
imported via the terminal in Świnoujście. Indigenous production that was injected to
the transmission system was at the level of 24.8TWh in 2015.
The commissioning of investment projects in recent years has led to better integra-
tion of the gas infrastructure in Poland with adjacent systems in the EU. This allowed
for the supply of gas from new sources and contributed to enhanced diversification
of supply. However, despite the progress made, the share of Russian gas still
remains at a high level. Therefore, there is a need for implementing new projects
that will further improve competition between upstream suppliers on the Polish mar-
ket and will enable the transmission of gas from new sources via the Polish system
to other countries in the Baltic region and Central-Eastern Europe.
Since 2012 gas trading on the exchange market in Poland is conducted by means
of PolPX. In the gas sector, the operations of PolPX embrace the instruments on the
intraday, day ahead and forward markets. Since 2014 the volume of gas traded on
PolPX has increased significantly and it reached the level of 114TWh in 2016. The
growth was largely driven by a gas release programme that introduced an obligation
to sell significant volumes of gas on the exchange market.
As part of the European process to liberalise the rules governing the functioning of
the gas market in the EU, GAZ-SYSTEM has implemented relevant provisions of
currently applicable European network codes and guidelines. This resulted in the
introduction of a number of amendments to the transmission network code that
enhanced liquidity and competition on the gas market in Poland. The most impor-
tant changes include for instance the introduction of a new framework transmission
contract, virtual point and OTC virtual point and market-based balancing services.
In addition, standardised capacity products were put in place. GAZ-SYSTEM also
developed a new capacity allocation platform (GSA Platform) to allocate capacity at
interconnection points.
20,000
15,000
10,000
5,000
0
25,000
30,000
40,000
35,000
800
600
400
200
0
1,000
1,200
1,600
1,400
GWh Number of trades
Forward – monthly volume Forward – number of trades Day-ahead – monthly volume
Gas Trades – PolPX
2013.072013.092013.112014.012014.032014.052014.072014.092014.112015.012015.032015.052015.072015.092015.112016.012016.032016.052016.072016.092016.112017.012017.03
Figure 3.37: Gas trades at PolPX (Source: GAZ-SYSTEM)