Script for a successful transition to the new balancing regime

27 May 2014

The new balancing regime will go live on June 3, 2014 at 06:00. In the preceding hours the transition to the new balancing regime will take place. For a successful transition, the cooperation of our shippers is required. We therefore request you to follow your program prior to and during the  transition to the new balancing regime.

The transition to the new balancing regime consists of the following steps:

Gas day June 2 22:00 to 2:00 (LET)
Active monitoring by GTS of the SBS ( shippers who significantly deviate from their program will be contacted)

Gas day June 2 02:22 (LET)
Last potential bid price ladder call

Gas day June 2 02:30 (LET)
Message to the market that the bid price ladder is unavailable

Gas day June 2 03:00 to 04:30 (LET)
GTS internal switch over to the new balancing regime ( with unavailability of B2B information services between 03:30 to 04:15)

Gas day June 3 06:00 (LET)
Systems release for market use and go-live

Gas day June 3 06:10 and/or 06:15 (LET)
First potential pre-announcements on Gasport and Request for Quote on the ICE Endex trading screens

Gas day June 3 06:21 (LET)
First potential balancing action