Italy North TSOs informal survey on market participants hedging needs (Article 16(2)(a) FCA)

Closed 27 Jan 2019

Opened 17 Dec 2018

Overview

This consultation concerns the regional TSO proposal for the Methodology for Splitting Long-Term Cross-Zonal Capacity for the Italy North CCR, in accordance with Article 16 of the Commission Regulation (EU) 2016/1719 of 26 September 2016 establishing a guideline on forward capacity allocation.

Why We Are Consulting

The Italy North TSOs shall, according to article 16 of the European Guidelines on Forward Capacity Allocation (FCA), develop a methodology for the splitting of long-term cross-zonal capacities in a coordinated manner between different long-term time frames within the respective region. In connection to the development of the methodology, Italy North TSOs seek insights into the hedging behaviour and needs of their market participants. We are aware that the hedging needs of the market participants may differ, however, we seek insight into the general tendencies and trends with regards to hedging. Your answers could be used as input for the discussion of the splitting methodology proposal with NRAs or other decision-making bodies. This survey is run on a voluntary basis by Italy North TSOs. Italy North TSOs will launch the public consultation as requested by Article 6 of the FCA guidelines at a later stage.

What Happens Next

The objective of the informal survey is to collect the stakeholders’ views on the Methodology for Splitting Long-Term Cross-Zonal Capacity. After the public consultation Italy North TSOs will assess the comments received by the stakeholders and possibly take this into account in the proposal.

Audiences

  • ENTSO-E stakeholders

Interests

  • Market Network Codes