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TAR NC Implementation Document – Second Edition September 2017 |

151

IMPLEMENTATION MONITORING

Responsibility: TSOs send information to ENTSOG; ENTSOG produces the

monitoring reports and sends them to ACER; ACER produces a report on RPMs

Article 8(8) of the Gas Regulation requires ENTSOG each year to

‘monitor and

analyse the implementation of the NCs and the Guidelines adopted by the

Commission in accordance with Article 6(11), and their effect on the harmonisation

of applicable rules aimed at facilitating market integration’.

Article 8(8) also requires

ENTSOG to

‘report its findings to the Agency and […] include the results of the

analysis in the annual report’

. The content of these ENTSOG’s reports is connected

with the specific ADs. That is, each report would cover different Chapters depend-

ing on a specific AD.

Generally, compliance with Chapter VIII ‘Publication requirements’ takes place after

its entry into force as explained in Part 1 above, indicated in orange in Figure 40.

This Figure also shows the ‘early compliance’ case in December 2017 which is

further explained in Chapter VIII ‘Publication requirements’, Article 31 – publication

notice period. Therefore, the first monitoring report will also cover the early

compliance.

Article 36 of the TAR NC sets out specific deadlines for TSOs to provide ENTSOG

information, and for ENTSOG to report to ACER in 2018 and 2020, as shown in

green in Figure 40. While the specific reporting deadlines involve only two years, an-

nual monitoring and reporting activity implies an additional report in 2019, shown in

Figure 40. Figure 40 does not show the 2021 monitoring report, since it does not fall

explicitly or implicitly under Article 36 as linked to implementation, and would there-

fore cover only the ‘effect’ component of monitoring as opposed to implementation.

Figure 40 shows in grey the indicative content of ENTSOG’s monitoring reports, with

three purple crosses indicating the deadlines for their preparation.

ENTSOG’s first TAR NC monitoring report (by 31 March 2018):

For

implementation monitoring

, this report will cover the TAR NC Chapters with

AD 1 as well as partially Chapter VIII ‘Publication requirements’. Although the AD of

Chapter VIII is 1 October 2017, compliance with its obligations occurs later as

explained in Part 1 above

 1)

. The deadline of 31 December 2017 for the provision of

information by TSOs to ENTSOG will only be met for compliance by TSOs with an

obligation to publish tariff information before the tariff period January –December.

For other tariff periods, compliance will not be possible as the deadline of

31 December 2017 precedes the deadlines of March, June and September 2018

for publishing information before the tariff period. The same applies for publishing

information before the annual yearly capacity auctions as the deadline of­

31 December 2017 precedes the deadline of June 2018. The next ENTSOG

monitoring report will address the obligation to publish tariff information before other

tariff periods as well as compliance with an obligation to publish tariff information

before the annual yearly capacity auctions. For

effect monitoring

, the same report

will cover indicators designed to provide a reference database as of March 2018.

Such a database will serve for comparisons in future effect monitoring reports after

2018, in order to monitor the effects of the TAR NC on the European gas market.

The indicators likely to be considered by ENTSOG may deal with both the variability

of the regulatory account balance and the variability of tariffs (as an estimation for

TSO tariff instability), with the evolution of long-term vs. short-term capacity bookings

(as an estimation of the TAR NC impact on capacity portfolios, in relation with CAM

NC), and with the availability of documents in English (as an estimation of information

transparency for foreign market participants).

 1) Except for the case of early compliance – see Chapter VIII 'Publication requirements', Article 31 – publication notice

period.

ARTICLE 36