ACM takes a final decision on the tariff structure of GTS

11 Dec 2018

ACM published the decision on the new tariff structure of GTS on 11 December 2018. This is an elaboration of European rules that ensure that tariff calculations within Europe are more similar and more transparent. (hereinafter: NC TAR decision).

On the basis of this NC TAR decision, the allowed revenues of GTS, as determined by ACM in the Method Decision, are distributed among the net users applying a new tariff structure. The new tariff structure will take effect on 1 January 2020 and will apply for 5 years.

The ACM has opted for the introduction of a 'postage stamp’ tariff. This means that the same transmission tariff is paid to bring gas into the GTS network and also an equal transmission tariff to extract gas from it. This makes our transport tariffs much more transparent. There will also be a higher discount for gas storage (60% instead of 25%) and the rates for short-term products will be reduced.

Agreement

The new tariff structures and conditions for the transport of gas have been concluded after intensive discussions between GTS, ACM, TAQA, BBL Company and the representative organizations Vereniging voor Energie, Milieu en Water (VEMW), Energie-Nederland, Vereniging Gasopslag Nederland (VGN) , Dutch Oil and Gas Exploration and Production Association (NOGEPA) and Association LNG Shippers Netherlands (VLNG).

All these parties have reached an agreement on the new tariff structures and the tariff decisions already taken (2014-2019). Agreements have also been made to improve the explanation of the tariffs. In addition, the market integration with BBL will last at least until 1-1-2021 and a transparent process for possible future market integration has been agreed. The agreement creates certainty and predictability of our tariffs for all parties involved.

The final NC TAR decision (including the adapted network codes) can be found on the ACM website.