European Entry Capacity Price Comparison

European Entry Capacity Price Comparison
ECRG 6th October 2009
GTE Tariff Report
Request from 1st ECRG Meeting 9th September 2009:
Review consistency with other European TSO charging arrangements
The following information was obtained from the GTE Tariff
Report published June 2006
The report covered tariff information from the following TSOs
Bord Gais Eireann (Ireland)
Enagas (Spain)
Energynet.dk (Denmark)
Fluxys (Belgium)
Gas Transport Services (The Netherlands)
GRTgaz (France)
National Grid (Great Britain)
Snam Rete Gas (Italy)
Total Infrastructures Gaz France (France)
Entry Capacity Products
GSO
Annual
Bord Gais Eireann (Ireland)
Yes
Enagas (Spain)
Yes
Energynet.dk (Denmark)
Yes
Fluxys (Belgium)
Yes
Gas Transport Services (The
Netherlands)
Yes
GRTgaz (France)
Yes
National Grid (Great Britain)
Snam Rete Gas (Italy)
Total Infrastructures Gaz France
(France)
Other
Monthly
Daily
Yes
Weekly
Multiple
months
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Quarterly
Yes
Yes
Seasonal
Yes
Yes
Yes
(6 Months)
Entry Tariffs & Allowed Revenue
GSO
Cap.%
Com.
%
Bord Gais Eireann
(Ireland)
90
10
Stamp
Yes
Enagas (Spain)
90
10
f(P,V)
Yes
Energynet.dk (Denmark)
75
25
Stamp
Yes
Fluxys (Belgium)
100
0
f(V)
Yes
Gas Transport Services
(The Netherlands)
100
0
n.a
Yes
GRTgaz (France)
100
0
n.a
Yes
National Grid (Great
Britain)
60
40
Stamp
No – pure marginal cost with
variable commodity
Snam Rete Gas (Italy)
70
30
Stamp
Yes
Total Infrastructures Gaz
France (France)
100
0
n.a
Yes
Stamp ~ single fixed unit rate
f(P,V) ~ function of pressure
f(V) ~ function of volume
Com
Capacity Tariffs directly
linked to allowed revenues
Entry Interruptible Products & Pricing
GSO
Interruptible Product
Bord Gais Eireann (Ireland)
Under development
Enagas (Spain)
Under development
Energynet.dk (Denmark)
-
Fluxys (Belgium)
-
Gas Transport Services (The
Netherlands)
85% or 75% of firm price depending on
likelihood of interruption
GRTgaz (France)
Yes – 50% of firm price
National Grid (Great Britain)
Yes – zero reserve price
Snam Rete Gas (Italy)
Total Infrastructures Gaz France
(France)
90% or 80% of firm price depending on
likelihood of interruption
Only if firm capacities are fully booked – 75%
of firm price
Daily (Reserve) Price as % of Annual
Ja
n
F e ua
br ry
ua
M ry
ar
c
A h
pr
il
M
a
Ju y
ne
J
A uly
Se ug
pt us
em t
O be
N cto r
ov b
e
D em r
ec b
em er
be
r
10.0%
9.0%
8.0%
7.0%
6.0%
5.0%
4.0%
3.0%
2.0%
1.0%
0.0%
UK
France
Netherlands (Long term)
Netherlands (Short term)
Spain
Denmark
Belgium
Monthly (Reserve) Price as % of Annual
80%
70%
60%
50%
40%
30%
20%
Ja
nu
Fe a r
br y
ua
r
M y
ar
ch
A
pr
il
M
ay
Ju
ne
Ju
A ly
Se ug
pt ust
em
O ber
c
N to b
ov e
em r
D
e c be
em r
be
r
10%
0%
UK
France
Netherlands
Denmark
Belgium
Price Multipliers compared with Annual Rate
(p/kWh/day)
35
30
25
20
15
10
5
Ja
nu
Fe ary
br
ua
ry
M
ar
ch
A
pr
il
M
ay
Ju
ne
Ju
l
A y
u
Se g u
s
pt
em t
b
O er
ct
N obe
ov
r
em
D
be
ec
em r
be
r
0
UK
France(Monthly)
France(Daily)
Netherlands(Monthly)
Netherlands(Daily (long))
Netherlands(Daily (short))
Spain(Daily)
Denmark(Monthly)
Denmark(Weekly)
Denmark(Daily)
Belgium(Monthly)
Belgium(Daily (short term))
Price Multipliers compared with Annual Rate
(p/kWh/day)
12
10
8
6
4
2
UK
st
Se
pt
em
be
r
O
ct
ob
er
N
ov
em
be
r
D
ec
em
be
r
ug
u
A
Ju
ly
Ju
ne
M
ay
pr
il
A
ar
ch
M
Ja
nu
ar
y
Fe
br
ua
ry
0
Other European Average
Price Multiplier ~ The ratio of the unit price
compared with the annual unit price (i.e. the
annual charge divided by 365).