20.7.2021

Gas transmission tariffs: ACER publishes recommendations on tariff multipliers for non-yearly products

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Gas transmission tariffs: ACER publishes recommendations on tariff multipliers for non-yearly products

What is it about?

The EU Agency for the Cooperation of Energy Regulators (ACER) publishes today a Recommendation, addressed to national regulatory authorities (NRAs), on setting the level of the multipliers used for the calculation of gas transmission tariffs applied to non-yearly capacity products.

Why are multipliers relevant?

Multipliers are used to calculate the reserve prices of quarterly, monthly, daily and within-day gas capacity products, and they have an impact on network users’ booking strategies.

More specifically, the Network Code on Harmonised Transmission Tariff structures defines the level for day-ahead and within-day multipliers for standard capacity products to be between one and three. ACER carried out a public consultation in November and December 2020 to assess the possibility of setting a lower cap for multipliers for day-ahead and within-day capacity products.

What are the main recommendations?

After a careful assessment, ACER recommends NRAs to better substantiate their decisions regarding high daily and within-day multipliers, taking into account the specificities of each interconnection point and detailing their regulatory objectives (market integration, liquidity, competition, cost reflectivity and tariff stability, etc.). NRAs of Member States connected by transmission pipelines should also better coordinate their decisions when setting multipliers in combination with seasonal factors.

Access the Recommendation 01/2021.

Read more on its Annexes I and II (overview of multiplier levels & analysis and evaluation of responses).