Market consultation on the possibility to utilize existing entry capacity contracts at different entry points
Energinet recently introduced the possibility to utilize existing capacity contracts at a different entry point.
Energinet invite market participants to forward any comments they might have to this new service at latest at 1 November 2022.
Please forward your comments to email@example.com.
The new mechanism is introduced so capacity can be re-utilised between the points Entry Ellund, Entry North Sea, Entry Faxe and Entry Nybro. The mechanism will be activated via the same process as capacity conversion, so shippers who are successful in booking capacity at one entry point, will be able to convert their existing entry capacity contract to the new contract.
The shipper will only pay the capacity price for the new contract, which includes the price for the multiplier in case of a shorter-term capacity product than the original contract, and a possible surcharge if there is an over-demand for the capacity.
The capacity at the original point will be released for booking by the rest of the market.
The mechanism was included in the General Terms & Conditions for Gas Transport from 1 October 2022. It is expected that the mechanism will be included the next 2 gas years.