PC_2022_E_10 - Public Consultation on the revision of the rules on the cross-zonal capacity allocation in the long term electricity markets
Contact information
Overview
Europe’s long-term electricity market relies on so-called long-term transmission rights (LTTRs), which allow market participants to hedge their exposure across bidding zones. The allocation of the LTTRs is currently not coordinated across different borders, which leads to inefficiencies in some capacity calculation regions (CCRs).
The EU Agency for the Cooperation of Energy Regulators (ACER) requested all Transmission System Operators (TSOs) to amend the forward capacity allocation methodologies regarding the allocation of the LTTRs. The all TSOs’ proposals were submitted on 28 September 2022.
With the expected implementation of the long-term flow-based calculation and allocation in the Core and Nordic CCRs, ACER is now conducting its review of the long-term flow-based allocation methodologies related to:
- Single allocation platform, including the methodology for sharing costs for its establishment, development and operation;
- Congestion income distribution; and
- Sharing costs incurred to ensure firmness and remuneration of LTTRs.
Why we are consulting
In order to make an informed and inclusive decision, ACER will collect inputs from stakeholders.
ACER invites interested parties to submit their inputs by 28 November 2022, 23:59 (CET).
Consultation documents
Next steps
ACER has 6 months (until 28 March 2023) to decide on the TSOs’ proposals.
As part of its review, ACER also seeks stakeholder input via a Public Workshop on 17 November 2022.