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TAR NC Implementation Document – Second Edition September 2017 |
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Chapter IV ‘Reconciliation of revenue’
Scope: IPs and non-IPs
Application date: 31 May 2019
This Chapter sets the requirements for reconciling
transmission services revenue
.
However, these requirements may also apply to
non-transmission
services revenue
,
subject to the consultation and approval per Chapter VII ‘Consultation require-
ments’.
The rules in this Chapter include the
principles
of revenue reconciliation, the calcu-
lation of
under-/over-recovery
, the rule of having only
one regulatory account
per
TSO, and the basic requirements for its
reconciliation
.
Most of the Chapter only applies to a
non-price cap regime
. The only rule that also
applies to a
price cap regime
involves the use of the auction premium to invest in
reducing physical congestion.
Chapter V ‘Pricing of bundled
capacity and capacity at VIPs’
Scope: IPs
Application date: entry into force (6 April 2017)
A
bundled reserve price
is the sum of entry and exit reserve prices of bundled
capacity products. This Chapter outlines the rules for allocating the sales revenue
between TSOs, from both the bundled reserve price and any associated auction
premium.
This Chapter also addresses the calculation of a
VIP reserve price
. There are two
approaches considered, depending on the applicable RPM.