ACER public workshop on the ACER decision on cross-zonal hedging opportunities on the Finnish-Swedish bidding zone borders

11/04/2022 14:00 - 15:30 (Europe/Brussels)
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What is it about?

An assessment performed by the Finnish and Swedish National Regulatory Authorities (NRAs) for energy indicated insufficient hedging opportunities in the Finnish bidding zone. 

The NRAs could not reach an agreement on how to address these insufficient hedging opportunities and referred the decision to ACER.

To take an informed decision, ACER will open a public consultation for four weeks in early April and invite interested stakeholders to submit their inputs.

Workshop Objectives

This public workshop presents:

  • the context and process for ACER’s upcoming decision on cross-zonal hedging opportunities on the Finnish-Swedish bidding zone borders
  • the topics and questions set out in ACER’s public consultation, as well as addressing stakeholders’ queries.
Public consultation topic 1:

In ACER’s upcoming decision, the relevant Transmission System Operators (TSOs) will either be requested to issue long term transmission rights (option (a) of Article 30(5) of the FCA Regulation) or to ensure that alternative long-term cross-zonal hedging products are made available (option (b) of Article 30(5) of the FCA Regulation).

ACER would like to collect stakeholders’ views on these two options.

Public consultation topic 2:

In case ACER decides to request the TSOs to ensure alternative hedging products, the relevant TSOs would have to develop the necessary arrangements. There are different ways for TSOs to ensure that alternative hedging products are made available.

To gain a deeper understanding of possible approaches under option (b), as well as their challenges and implications for the market, ACER invites stakeholders to consider the different approaches presented at the workshop, and provide feedback to ACER’s questions.

Registrations open by Sunday, 10th April 2022.

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