European power regulators have actually set a target due date of completion of the summertime for official discussion of a gas market design for Europe, Walter Boltz, chairman of the Council of European Energy Regulators gas functioning group, claimed late Monday.
Speaking at a stakeholder meeting in London, Boltz claimed that EU gas market individuals had 2 weeks to send additional comments to CEER which he hoped work on the details of the market model would certainly be ended by end-June.
" We will certainly put all the work together in the following stakeholder meeting on June 29 in Brussels. By then we should have a well developed model," he stated.
" Based on the end result [of the conference], CEER will certainly create a message record or roadmap and also will certainly speak with on this in a more formal means over the summertime," he included.
Boltz stated that although setting a target model for the gas market was very important, it was vital that the version is versatile.
" The model will not be dealt with to 2100 yet should be versatile. It is not a standalone concept to be carried out piece by item but must be carried out according to the European Compensation's structure guidelines," he stated.
Regulators wish that creating a version for the European gas market will certainly provide a total context for composing brand-new gas market policies, consisting of framework standards as well as network codes, which belong to the EC's 3rd power plan.
During the conference, regulators likewise highlighted the value of pilot tasks to supply sensible experience of the ideas being presented.
French power exchange Powernext and transmission system operator GRTgaz have set up a market combining pilot project between the PEG Nord and PEG Sud gas trading hubs.
" Creating one French trading center is our long term goal," said Christophe Poillion vice head of state of technique at GRTgaz. One of the objectives of the EC is to produce an EU-wide inner power market.
Under the EC's gas regulation, the interior gas market was determined as experiencing an absence of liquidity and also transparency, which are barriers to the effective appropriation of resources, risk hedging and new participants.
The gas law in the EC's third power plan intends to take on these problems but the regulatory authorities have actually identified the demand for a co here nt description of "all relevant aspects of a future EU gas market model."
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