APPENDIX A INTERNATIONAL EXPERIENCE – Examples of how unused pipeline capacity is managed in an international context include: United States of Federal Energy Regulatory Commission (FERC) Open Access SameTime Information System; America’s (a virtual trading location); National Balancing Point Great Britain’s APX-ENDEX; Netherlands’ TRAC-X; Germany’s and and Capsquare; France’s Belgium’s and Link4Hubs. Germany’s, Netherlands’ Denmark’s Table A1: Pipeline Capacity Trading Initiatives Exchange/Location Description Product/Features Comments Netherlands Part of the 2008 pilot program for the Secondary trading of firm capacity Transactions issued directly development of secondary trading of usage rights. to transport system operator capacity. (TSO). APX-ENDEX Day-ahead, weekend contracts Capacity products developed for the APX-ENDEX also offers Centralised settlement and credit risk pipeline interconnect between Holland physical gas trading management. and Germany allowing users to products. transfer gas to or from the Dutch gas hub (the Title Transfer Facility).
APPENDIX A – INTERNATIONAL EXPERIENCE Examples of how unused pipeline capacity is managed in an international context include: United States of America’s Federal Energy Regulatory Commission (FERC) Open Access SameTime Information System; Great Britain’s National Balancing Point (a virtual trading location); Netherlands’ APX-ENDEX; Germany’s TRAC-X; France’s and Belgium’s Capsquare; and Germany’s, Netherlands’ and Denmark’s Link4Hubs. Table A1: Pipeline Capacity Trading Initiatives Exchange/Location Description Product/Features Comments Netherlands APX-ENDEX Part of the 2008 pilot program for the development of secondary trading of capacity. Capacity products developed for the pipeline interconnect between Holland and Germany allowing users to transfer gas to or from the Dutch gas hub (the Title Transfer Facility). Secondary trading of firm capacity usage rights. Day-ahead, weekend contracts Centralised settlement and credit risk management. Transactions issued directly to transport system operator (TSO). APX-ENDEX also offers physical gas trading products.