Shippers Meeting Hoofddorp - 10 November 2011 - Gasunie Transport Services
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Shippers Meeting Hoofddorp 10 November 2011
Programme
Balancing regime Antwa Munnik
Open Seasons Henk Abbing
Conditional capacity Henk Abbing
Lunch
Cross border and TTF developments Harry Smit
Miscellaneous Marcel Neef
Agenda Bid Price Ladder calls Status of evaluation
Bid Price Ladder calls Approximately forty calls Market parties act in accordance with balancing rules Sometimes advice requested
Bid Price Ladder calls
Bid Price Ladder calls at end of October
handled as a regular situation despite the System
Balance Signal prediction was in the red zone
the integrity of the gas transport system was not
endangered
shippers acted according to the balancing rules
balance was restored by a combination of Bid Price
Ladder calls and shippers acting upon their POS
SBS prediction in red zone does not automatically
trigger an emergency situation
How to react
Two situations: Regular & Emergency
In both situations shippers have to:
– act in line with GTS confirmations
– monitor actual SBS and actual POS and balance their portfolio
Only in the event of an emergency situation:
– flow order possible
– act upon flow orders given by GTS
Don’t call us, we’ll call you
Evaluation of the balancing regime Internal evaluation completed External evaluation started representative organisations volunteering shippers general questionnaire and winter questionnaire Report available for publication in April 2012
Programme
Balancing regime Antwa Munnik
Open Seasons Henk Abbing
Conditional capacity Henk Abbing
Lunch
Cross border and TTF developments Harry Smit
Miscellaneous Marcel Neef
Agenda Long term capacities Open Seasons: update Conditional capacities
Open Seasons: update Open Season 2005: completed Open Season 2012: partly completed, on schedule/on track Integrated Open Season (2014): on schedule/on track Next Open Season: to be started soon
Open Season 2005 Operation CS Wijngaarden started 1 October 2011 construction now fully completed: 100% on time
Progress Open Season 2012
Planned RFO 1-10-2011 Planned RFO 2012/2013
70 km 48”commissioned
(30-9-2011: on time) Odiliapeel-Melick:
Permitting + spatial planning in
final stages
Hommelhof-Schinnen:
35 km 48”commissioned On site preparations and first
(30-9-2011: on time) construction has startedProgress Integrated Open Season Beverwijk-Wijngaarden: - Permitting process ongoing
Start up new Open Season GTS will start up new Open Season (coming weeks) Aim: serving customers and strengthening gasroundabout – with optimal use of the existing grid – while economising on investments where possible – including tailor made services and arrangements Offered capacities / timing / arrangements
Scope of capacities to be offered (GTS)
Q4-2011: define points for capacity to be
offered, based on:
•cooperation with connected operators
(first talks started, operators invited)
•Market survey (Nov/Dec’11)=> shippers
•LT-outlook for additional capacityTiming and arrangements
Q1-2012:
– Brochure with scope (incl. coop operators) and main milestones
– Registration, confidentiality agreements (non binding phase)
– Start up info exchange with (registered) participants
Q2-2012
– Precedent Agreement (doc) ready + other relevant conditions
1 July 2012: Precedent Agreements signed:
2013: Go – no/go decision
October 2017 or later: start date capacities, pending possibilities and
requirements
Arrangements (with GTS-shippers) to economise on investments:
– Secondary capacity options: shippers => GTS
– Tailor made servicesContacts Jan Klaver (jan.klaver@gastransport.nl) Paula Olthof (p.m.olthof@gastransport.nl) Henk Abbing (h.w.abbing@gastransport.nl)
Programme
Balancing regime Antwa Munnik
Open Seasons Henk Abbing
Conditional capacity Henk Abbing
Lunch
Cross border and TTF developments Harry Smit
Miscellaneous Marcel NeefConditional capacities GTS will offer extra LT firm-capacity for which availability will be dependent on finalisation of grid expansion Capacity cannot be booked in GEA C&B, but with separate contracts
Conditional capacities (point X)
New capacity level
after investments
5000
4000 conditional
LT-bookings OS capacity
3000
2000
1000
0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025Availability
Emden and OSZ-H entry: from January 2016
Zelzate exit: from October 2017
Hilvarenbeek exit: from October 2016
OSZ-H exit: from April 2018
Capacity to be booked through a specific contract,
not in GEA C&B:
– Sales start on 1 December (FCFS)
Window for booking up to 1 July 2012 (OS PA-date)
Contact: your account managerProgramme
Balancing regime Antwa Munnik
Open Seasons Henk Abbing
Conditional capacity Henk Abbing
Lunch
Cross border and TTF developments Harry Smit
Miscellaneous Marcel NeefTTF and cross border developments TTF and European hubs Cross border legislation, platforms TTF and interconnectivity Implementation plan
Continental hubs – operator’s data
± 100 bcmaNBP still dwarfs TTF
NBP
TTFHeren OTC monthly volumes - different view
Over the counter trading (Amsterdam, ICIS Heren, oktober 2011)
NBP
1600 TTF
NCG
1400 Zeebrugge
PEG Nord
GASPOOL
1200
Baumgarten
1000
TWh / month
800
Churn 10-15
600
400
200
Churn 1 - 4
0
jan-11 feb-11 mrt-11 apr-11 mei-11 jun-11 jul-11 aug-11ICIS Heren tradability index
Q2 ’11 vs Q2 ‘10
20
18
16 Q2 '11
14 Q2 '10
12
10
8
6
4
2
0
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NB
PS
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CE
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GTTF exchange trading also in the lift
Actual TTF size & liquidity much higher
than anticipated until now
Outside UK, TTF is by far the leading hubDevelopments in cross border regulation
Regulation Legislative Next step
EU - CMP … 2012 decision commitee
EU - CAM … 2013 market consult, comitology
NL - MR grens 1 July 2011 code development
(MR = ministerial decree on cross border capacity)
GE - Karla 2 Feb 2011 operational in Germany since 1 Aug
expansion towards German borders?
Belgium no specific national legislation
Norway, UK production lines, BBL, exemption ruling
cross border capacity to be bundled and auctioned
in order to improve cross border inter-connectivityDevelopments in booking platforms
Cross border platforms specifics
}
NL, GE, DK Link4Hubs, Eucabo
BE, FR, GE CapSquare FCFS, bundling, day & month
GE, CZ Gatrac
GE Trac-x FCFS, auction, bundles, day - yr
potentially developing towards diversity while
uniformity is intended in regulationWay forward
Further improve TTF / gas roundabout and obey new
(inter)national legislation
1. physical interconnection ….. open seasons
2. contractual interconnection ….. cross border capacity
fast, effective and efficient implementation of
cross border codes will serve the marketProject plan
Early implementation of EU codes & indirect MR
Grens
1. One international platform for marketing border
capacity
2. Bundling and auctioning at all border points
according to EU CAM
3. Congestion management measures according to EU
CMP
4. Secondary capacity also via this platformProject planning
Project start : Oktober 2011
Project finish : April 2013
Participants : GTS, NMa, MEA
(+ cross border TSO’s)
Stakeholders : To be informed during the processProgramme
Balancing regime Antwa Munnik
Open Seasons Henk Abbing
Conditional capacity Henk Abbing
Lunch
Cross border and TTF developments Harry Smit
Miscellaneous Marcel NeefMiscellaneous Transmission Service Conditions Tariff regulation New functionality for Gasport and B2B
Transmission Service Conditions No changes to the TSC, appendices updated No consultation Appendix 1a, 1b, 1c (tariffs): update after tariff decision by NMa Appendix 7 (capacity tranches): capacity tranches 2012 Appendix 8 (flexibility services): Nomflex
Miscellaneous Transmission Service Conditions Tariff regulation New functionality for Gasport and B2B
Tariff regulation Method decisions and X-factor decisions published by NMa (regulator) on October 12, 2011 Tariff proposal submitted to NMa on November 9, 2011 Tariff proposal does not include a tariff restructuring Settlement of the past in 2012 and 2013 Tariff decision expected early December
Miscellaneous Transmission Service Conditions Tariff regulation New functionality for Gasport and B2B
New functionality for Gasport and B2B Detailed information about accountable POS
New functionality for Gasport and B2B Detailed settlement volume information
New functionality for Gasport and B2B Price information relating to BPL calls
New functionality for Gasport and B2B
Integration of public transport information
cancellation of
3 minus ruleFinally
Quantitative and qualitative client satisfaction survey
Feedback
– focus on main processes
– evaluate shippers meeting directly afterwards
You are kindly
requested to fill out the
questionnaireYou can also read
