ACER And ENTSOG Launch A New Joint Public Consultation On The Functionality Issue âGreater Flexibility To Book Firm Capacity At Interconnection Pointsâ Date
18/12/2020
The EU Agency for the Cooperation of Energy Regulators (ACER) and the European Network of Transmission System Operators (ENTSOG) launched today a joint public consultation related to the FUNC issue ‘Greater flexibility to book firm capacity at Interconnection Points’. An issue reported by the European Federation of Energy Traders (EFET) via the Gas Network Codes Functionality (FUNC) platform.
EFET argues that the standard capacity auction timetable, as defined in the Network Code on Capacity Allocation Mechanisms (NC CAM), limits opportunities for arbitrage to be fully exploited, particularly across the forward curve. In the reported issue, EFET presents a proposal to make firm capacity more readily available to network users by enabling TSOs to offer it for sale in uniform price allocation (UPA