• Yes

  • If all shippers decide before that date to have all capacity transferred to the VIP GTS can still build the VIP-only model, which is easier and faster to implement. Decisions we receive later on will decrease possibilities to limit the the impact on our IT-systems.

  • This is not firm yet, but first impressions are that the extra work is feasible and within reasonable limits.

  • Yes.  For Surrender Of Capacity and Capacity conversion the capacity will be offered on the VIP. If the auction is succesfull this will result in  a VIP-contract. The part of the original contract that is not auctioned successfully will remain on the IP.  For Diversion we applied for a code change to facilitate diversion from (V)IP to VIP. Transfer of Contract and Transfer of Usage rights will be available as usual, both on IP and VIP. Wheeling will be continued for storage-storage combinations and existing wheeling contracts will be respected.

  • We do not expect a formal decision by ACM or any other regulatory body (ACER, EC). ACM will only report on the material impact of the introduction of the 5 new networkpoints (the VIPs). Because no contracts will be impacted other than the related networkpoint there is no impact on the tariffs stemming from this introduction. Tariffs on IPs and VIPs are equal because of the NC TAR decision by ACM. We conclude that there is no material impact for shippers.
    The choice for the hybrid model offers shippers the maximum of flexibility. NC CAM does not explicitly state what will happen with existing contracts. There are no indications that ACER and/or the EC will enforce the VIP-only model and we see that in different member states the choice for existing contracts varies.

  • Nominations for physical flow at a specific point will continue to be checked against the usage rights, both at IPs and VIPs separately. Nominations made for a specific point will be confirmed and allocated on that same point. Matching with the NNO will be done on VIP-level. We therefore see no restrictions for contract combinations on the border as e.g..

    - IP for GTS and VIP for NNO
    - VIP for GTS and IP for NNO
    - If one shipper has both IP- and VIP-contracts for GTS and wants to match these with one counterparty at the other side of the border.

  • Transfer of capacity and of usage rights remains possible, both for IPs and VIPs. The owner of the capacity can choose to move the capacity tot he VIP. Once the capacity resides on the VIP it can not be moved back to an IP.

  • No. As soon as the IP is part of a VIP all available capacity will be offered on the VIP. This is an explicit consequence of NC CAM.

  • In the questionaire we use currently we ask to make a choice for the contract as a whole. Later on you can move part of the contract at an IP to the VIP e.g. for a Transfer of Capacity.

  • Yes

  • With the hybrid model we offer maximum flexibility to the shippers. As indicated, NC CAM does not contain explicit terms what to do with existing contracts. We did not receive signals that EC or ACER will enforce the VIP-only model. As far as we know Austria already implemented this model. In Germany the dual model was chosen. We conclude that different models are implemented already throughout Europe.

  • For Transfer of Capacity (ToC) the choice you make for the contract you have with GTS is not dependant on the choice that the original owner of the capacity makes for his residue of the contract. If you are the owner of transferred capacity, you can decide.
    If you have a Transfer of Usage (ToU) contract, you are from our point of view not the owner. The network point related to the ToU should be the same as the network point for the original contract. You should get in contact with the owner of the original contract (the one who transferred the rights to you), in the end he will decide.

  • If you want to book additional capacity on the IP it will be auctioned at the VIP. Your additional capacity is than in fact registered on the VIP. So if you want all capacity together the VIP is the point to use! Be advised that when we calculate your exceedings, we will compare your usage right per portfolio and per network point with your allocation on that point. The IP and the VIP will be separate points in that comparison.