Public consultation on the time granularity for the nomination of Physical Transmission Rights (PTRs) and the design of long-term transmission rights

Ημερομηνία ανάρτησης
Καταληκτική ημερομηνία

Ιn accordance with the provisions of Commission Regulation (EU) 2016/1719 on forward capacity allocation (FCA Regulation) and in light of recent European regulatory developments affecting long-term capacity allocation and market time units, the Regulatory Authority for Waste, Energy and Water (RAAEY) has requested IPTO to assess the current framework governing long-term cross-border capacity at the Greek bidding zone borders.

To this effect, IPTO launches the present public consultation to gather market participants’ views and experience gained to date with long-term transmission rights (LTTRs), as well as on potential future developments concerning their design and use at the Greece–Italy and Greece–Bulgaria bidding zone borders.

The active participation of market participants is considered essential to ensure that any potential future adjustments to nomination rules or to the design of LTTRs are informed by actual market experience, operational considerations and hedging needs.

Market participants are kindly invited to submit their views by completing the questionnaire and sending their responses by e-mail to marketdesign@admie.gr, indicating as subject: “Public Consultation – Questionnaire on LTTRs”.

Upon completion of the public consultation, IPTO will publish the list of participants and the responses received, unless confidentiality has been explicitly requested by the respondent.