Welcome to the 6th GASPOOL Balancing Group Manager Forum! Stefan Müller-Reinisch Berlin, 10 June 2014

Transcription

1 Welcome to the 6th GASPOOL Balancing Group Manager Forum! Stefan Müller-Reinisch Berlin, 10 June 2014

2 AGENDA 1. A look back on the start of the current gas year 2013/ Outlook on the topics shaping the gas year 2014/ Agenda for today's customer forum 10 June

3 Development of trading volumes at the GASPOOL VTP since 2013 Trading volumes at the GASPOOL VTP since 2013 Comparison: monthly max (high-cal gas) in 2009/2010 was at 79m MWh MWh H-Gas L-Gas June

4 Development of the churn rate at the GASPOOL VTP Development of the churn rate at the GASPOOL VTP 10 June

5 System balancing actions compared over 5 gas years High-cal balancing actions (net volumes, MWh) Low-cal balancing actions (net volumes, MWh) 10 June

6 Development of potential trading participants 10/ / /2014 Launch of GASPOOL Market area merger Status quo 139 registered BGMs 264 registered BGMs 443 registered BGMs Operating balancing groups for: High-cal gas: 518 Low-cal gas: 294 High-cal biogas: 94 Low-cal biogas: 34 Since launch of GASPOOL number of potential trading participants has tripled 10 June

7 Introduction of target model 1. As of 1 October 2013 the target model for the procurement of balancing gas and services was implemented 2. Key aspect of the target model is a pre-defined merit order list, which is primarily aimed at increasing liquidity on the exchange. 3. Quality-specific order books introduced at EEX as of October Also, GASPOOL implemented a new option product, which takes priority over the established parking and lending flexibility service. 10 June

8 Gas quality conversion mechanism Currently, a conversion fee of 1.18/MWh is applied irrespective of the direction of conversion. If conversion costs cannot be recovered through conversion fee, BNetzA's KONNI ruling requires MAOs to introduce conversion neutrality charge. 10 June

9 A look back: changes introduced by Cooperation Agreement VI Clearing threshold for RLM allocations reduced to 500 kwh If BGM contacts relevant network operator on last calendar day prior to expiry of clearing period, network operator entitled to reject clearing request Demand estimation for SLP offtakes: default consumption characteristic changed from type 03 to type 04 profile Network operators required to prove accuracy of choice to MAO if they depart from this recommendation Determination as to reference prices in case of subsequent changes made by trading platforms 10 June

10 AGENDA 1. A look back on the start of the current gas year 2013/ Outlook on the topics shaping the gas year 2014/ Agenda for today's customer forum 10 June

11 Changes introduced by Cooperation Agreement VII Introduction of additional clearing rules for hardship cases Changes to declarations also possible pre-m+12 (except for SLP allocation groups) Financial penalty in case of invoicing delays in the quantity reconciliation process Rules in case of re-assignment to different market area 10 June

12 GABi Gas 2.0 Draft Network Code on Balancing submitted for comitology process in the spring of 2013 Comitology process completed in October 2013 Consultation of the recommendation document prepared by MAOs and TSOs in January 2014 First draft of planned BNetzA ruling 10 June

13 Developments on GABi Gas 2.0 Draft Network Code on Balancing submitted for comitology process in the spring of 2013 First consultation draft of planned BNetzA ruling Second consultation draft of planned BNetzA ruling Spring 2013 October 2013 January 2014 April 2014 Late summer 2014 December 2014 Comitology process completed in October 2013 Consultation of the recommendation document prepared by MAOs and TSOs in January 2014 Final ruling to be issued by BNetzA 10 June

14 REMIT - Fundamentals Regulation (EU) No 1227/2011 REMIT = Regulation of the European Parliament and of the Council on wholesale energy market integrity and transparency Aim: EU-wide monitoring of the wholesale trading of electricity and gas, with a view to preventing insider trading, market manipulation or other forms of market abuse Build confidence in the integrity of the electricity and gas markets Target group: any person active in one or more wholesale energy markets who enters into transactions, including the placing of orders to trade (= market participant) New Europe-wide obligations for companies regarding - disclosure of information - reporting to authorities - registration 10 June

15 Other topics 1. TTF trading Implementation of TTF trading planned for this summer. The aim is to ensure a more efficient and diversified procurement of balancing gas. 2. Permanent gas quality changeover Pilot project to be launched as early as 2015; low-cal gas supply is going down in the future, which requires market areas currently supplied by low-cal gas to be migrated to high-cal gas. In order to fund this process, a so-called gas quality changeover neutrality charge will be applied. 3. Security of supply So-called SoS regulation; in Germany: sections 16, 16a and 53a of the German Energy Industry Act (EnWG) Gas Emergency Plan, Cooperation Agreement VII / BDEW best practice guideline on crisis prevention 10 June

16 AGENDA 1. A look back on the start of the current gas year 2013/ Outlook on the topics shaping the gas year 2014/ Agenda for today's customer forum 10 June

17 Agenda 10:00 10:30 hrs Start of event Welcome address and moderator, Stefan Müller-Reinisch Brief look back and current information on GY 12/13 10:30 11:00 hrs Network Code on Balancing / GabiGas 2.0 Stefan Müller-Reinisch 11:00 11:30 hrs Coffee break 11:30 12:00 hrs Cooperation Agreement VII (overview), Lea Nieschmidt 12:00 12:45 hrs Harmonised system balancing (target model), Patrizio Remor 12:45 14:00 hrs Lunchtime snacks 14:00 14:30 hrs End of event, participant get-together and exchange of views; Stefan Müller-Reinisch 10 June

18 Berlin 10:00 10:30 Uhr Einleitung, Rück- und Ausblick Stefan Müller-Reinisch 10:30 11:15 Uhr Network Code on Balancing / GabiGas 2.0 Moritz Hoheisel 11:15 11:45 Uhr Pause 11:45 12:30 Uhr KoV VII - Prozessneuerungen John Usemann 12:30 13:00 Uhr SLP-Profile / Datenqualität Jan-Christian Lell 13:00 14:30 Uhr Lunch / Zeit für Austausch 14:30 15:00 Uhr Entwicklung Regelenergie / GASPOOL Hub Patrizio Remor 15:00 15:30 Uhr Verabschiedung und Diskussion Stefan Müller-Reinisch 15:30 16:00 Uhr Zeit für Austausch

19 Thank you for your attention. Any questions? 10 June

20 Your contact Stefan Müller-Reinisch GASPOOL Balancing Services GmbH Reinhardtstraße Berlin Phone: Fax: June