South Gas Regional Initiatives

The South Gas Regional Initiative is composed of:

• Spain

• Portugal

• France

The Spanish Commission for Markets and Competition (CNMC) leads the Initiative, whose long-term goal is to integrate France, Portugal and Spain into a single regional gas market. ​

Moving forward the further integration of the Spanish and Portuguese markets, Transmission System Operators have proposed a new algorithm to offer cross-border day-ahead interruptible capacity as bundled product.