On 23 February 2017, Dutch regulator ACM, GTS and 5 representative organisations in the energy market agreed on a method for calculating GTS’ revenues in the years 2017-2021. Involved parties will refrain from appealing on a number of topics in the method. Gas Storage Netherlands is one of the involved parties.
The agreement establishes a number of important foundations under the calculation of GTS’ revenues and is supported by the involved representative organisations. A new principle for setting GTS’ revenues is the introduction of a benchmark for the efficiency of GTS on a European level.
The agreement will lead to lower transmission tariffs and more stability for all parties connected to the GTS grid, so also for gas storages. Transmission tariffs are a major cost item for gas storages and therefore Gas Storage Netherlands supports the agreement. President René Zwanepol: “An important goal for Gas Storage Netherlands is to achieve predictable transmission tariffs for our members. An important milestone is reached by this agreement.”
- OMV Gas Storage Germany GmbH joins VGN
- VGN reaction to public consultation on functioning of wholesale gas market in the Netherlands
- Draft Tariff Network code does not lead to cost-based transport tariffs gas storages
- Gas Storage Netherlands addresses concerns on security of supply measures proposed by the European Commission
- Gas Storage Netherlands view on security of supply during declining Groningen field gas production
- RWE Gasspeicher GmbH joins VGN
- Gas Storage Netherlands sees progress in harmonisation of EU transport tariffs to and from gas storage facilities
- VGN calls for harmonisation of EU transport tariffs to and from gas storage facilities