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Gas Regional Investment Plan of the South Region 2017 |
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PIR JURA
PITS SUD-EST
PITTM FOS
PITT PIRINEOS
PITS LUSSAGNET
GRTgaz Nord
GRTgaz Sud
TIGF
PITS SUD ATLANTIQUE
TRS
Trading
Region
South
by GRTgaz & TIGF
LIASON NORD-SUD
TRS
TRS
7.1 Local Context
7.1.1 TOWARDS A SINGLE MARKET PLACE
IN FRANCE
On 1 April 2015, in accordance with the schedule decided by the French Energy
Regulatory Commission (CRE) on 19 July 2012, TIGF & GRTgaz –sud merged their
gas hubs to form a single trading region: the Trading Region South (TRS). In addi-
tion, with a view to promoting the development of the integrated gas market on a
European scale, transit capacities are traded on the PRISMA platform, used by the
majority of European gas transit networks.
The TRS is based on a “Trading Region” model, which is one of the European
market integration models identified by the regulators. With the creation of the TRS,
the Trading Region model has made it possible to retain two independent balancing
zones within an extended Entry/Exit pricing region.
In order to optimise the use of the interconnection between the TRS and PEG Nord,
the French regulator asked the TSOs to put in place some market tools in its decision
of 30 October 2014 in order to maximise availability of firm and interruptible capacity
(JTS, buy local gas,…). This region, covering the South of France, is now serviced
by eight diversified supply sources and represents an annual domestic consumption
of approximately 12 billion cubic meter.
In 2018, the single market place will be implemented in France. It will lead to an
attractive and competitive gas market over the long term with a single national price.
In addition to the commissioning of the necessary infrastructures the Val-de-Saône
and Gascogne-Midi projects, additional market-based mechanisms are being
developed to ensure a smooth running of the future single marketplace in all circum-
stances. The single marketplace will work in compliance with the principles which
have been selected to create the TRS with a balancing GRTgaz area and a balancing
TIGF area.
Figure 7.1:
Trading Region South (TRS) (Source: TSO own elaboration)