Implementation The implementation of the Proposal for regional design of LTRs shall coincide with the auction calendar as coordinated and published by the Single Allocation Platform. The implementation of auctions with a yearly timeframe on all bidding zone borders covered by this Proposal for regional design of LTRs will be completed no later than for the next yearly auction after the approval, in accordance with the auction calendar as coordinated and published by the Single Allocation Platform. The implementation of the auction with monthly timeframe on all bidding zone borders covered by this Proposal for regional design of LTRs will be completed no later than for the next monthly auction following the month after the approval, in accordance with the auction calendar as coordinated and published by the Single Allocation Platform. The implementation of the Proposal for regional design of LTRs in the CCR Nordic shall coincide with the auction calendar. The implementation of the yearly product will therefore be completed no later than the next yearly auction after the approval of the Proposal for regional design of LTRs. The implementation for the Great-belt interconnector will therefore be completed for the yearly auction for 2019. Given JAO, including the IT tools operated by JAO to perform long-term capacity allocation, meets the criteria set out in the FCA, and also taking the experience in allocation of long-term capacity, the efficiency and the cost into consideration, the Nordic TSOs will offer the LTRs in the CCR Nordic through JAO until the Single Allocation Platform is operational. This allows the market participants and TSOs to continue to use an already existing IT Tool that complies with the technical requirements set out by the FCA Regulation and ensures the transparency requirements given in the FCA Regulation until the permanent solution is established and operational.
Implementation The implementation of the Proposal for regional design of LTRs shall coincide with the auction calendar as coordinated and published by the Single Allocation Platform. The implementation of auctions with a yearly timeframe on all bidding zone borders covered by this Proposal for regional design of LTRs will be completed no later than for the next yearly auction after the approval, in accordance with the auction calendar as coordinated and published by the Single Allocation Platform. The implementation of the auction with monthly timeframe on all bidding zone borders covered by this Proposal for regional design of LTRs will be completed no later than for the next monthly auction following the month after the approval, in accordance with the auction calendar as coordinated and published by the Single Allocation Platform. The implementation of the Proposal for regional design of LTRs in the CCR Nordic shall coincide with the auction calendar. The implementation of the yearly product will therefore be completed no later than the next yearly auction after the approval of the Proposal for regional design of LTRs. The implementation for the Great-belt interconnector will therefore be completed for the yearly auction for 2019. Given JAO, including the IT tools operated by JAO to perform long-term capacity allocation, meets the criteria set out in the FCA, and also taking the experience in allocation of long-term capacity, the efficiency and the cost into consideration, the Nordic TSOs will offer the LTRs in the CCR Nordic through JAO until the Single Allocation Platform is operational. This allows the market participants and TSOs to continue to use an already existing IT Tool that complies with the technical requirements set out by the FCA Regulation and ensures the transparency requirements given in the FCA Regulation until the permanent solution is established and operational.
Explanatory%20document%20for%20Nordic%20proposal%20for%20regional%20design%20of%20LTRs_FOR%20CONSULTATION.docx