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Page 1: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:
Page 2: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:
Page 3: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

Page 4: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:
Page 5: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:
Page 6: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:
Page 7: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

1 Apr

2013

1 Oct

2013

1 Jan

2014

1 Oct

2014

Q4

2015

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Page 9: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

Page 10: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:
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Page 14: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

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Page 17: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

Product Frequency of

auctions

Number of products per

auction

Publication of available capacity

Start of the auction

Bidding rounds

Notification of allocation results

to participants Auction type

Auction calendar for firm capacity

Year

annual

Y1 to Y15 1 month before the start of the

auction*

1st Monday of March

First round 3h: 09:00 - 12:00

Following rounds:

13:00 - 14:00 15:00 - 16:00 17:00 - 18:00

No later than the next

business day ***

Ascending clock auction

Quarter Q1 to Q4 2 weeks before the

start of the auction*

1st Monday of June

Month monthly M1 1 week before the

start of the auction*

2nd Monday of the month

Day daily D1 With the start of

the auction 16:30 30 minutes

No later than 30 minutes*** Uniform price

auction Within-Day hourly h+4

With the start of the auction

every hour 30 minutes No later than 30

minutes***

Auction calendar for interruptible capacity

Year

annual

Y1 to Y15 On the day after

the auction of the respective firm

capacity ended**

1st Monday of April

First round 3h: 09:00 - 12:00

Following rounds:

13:00 - 14:00 15:00 - 16:00 17:00 - 18:00

No later than the next

business day ***

Ascending clock auction

Quarter Q1 to Q4 1st Monday

of July

Month monthly M1 3rd Monday of the month

Day daily D1 With the start of

the auction 17:30 30 minutes

No later than 30 minutes***

Uniform price auction

Note: - Time zone is Central European (Summer) Time - In some cases different auction times may apply

* 09:00 ** 07:00

*** after the end of the bidding round

Page 18: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

Publication of available capacity Auction start

1st Monday Yearly auction Firm products

One month before auction start

One day after firm auction end

1st Monday Yearly auction Interruptible products

Two weeks before auction start

1st Monday Quarterly auction Firm products

One day after firm auction end

1st Monday Quarterly auction Interruptible products

March February April June July

February 2016

Mon Tue Wed Thu Fri Sat Sun

1 2 3 4 5 6 7

8 9 10 11 12 13 14

15 16 17 18 19 20 21

22 23 24 25 26 27 28

29

April 2016

Mon Tue Wed Thu Fri Sat Sun

1 2 3

4 5 6 7 8 9 10

11 12 13 14 15 16 17

18 19 20 21 22 23 24

25 26 27 28 29 30

March 2016

Mon Tue Wed Thu Fri Sat Sun

1 2 3 4 5 6

7 8 9 10 11 12 13

14 15 16 17 18 19 20

21 22 23 24 25 26 27

28 29 30 31

Page 19: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

Publication of available capacity Auction start

2nd Monday Monthly auction Firm products

One week before auction start

One day after firm auction end

3rd Monday Monthly auction Interruptible products

March February April

2nd Monday Monthly auction Firm products

One week before auction start

One day after firm auction end

3rd Monday Monthly auction Interruptible products

March

Page 20: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

Long term Day 1:

09:00 - 12:00 1st bidding round

12:00 - 13:00 processing and publishing

13:00 - 14:00 2nd bidding round

14:00 - 15:00 processing and publishing

15:00 - 16:00 3rd bidding round

16:00 - 17:00 processing and publishing

17:00 - 18:00 4th bidding round

Day 2 and following:

09:00 - 10:00 5th bidding round

10:00 - 11:00 processing and publishing

11:00 - 12:00 6th bidding round

17:00 - 18:00 bidding round

Short term Day-Ahead:

16:30 - 17:00 only bidding round firm

17:30 - 18:00 only bidding round interruptible

Within-Day:

19:00 - 02:30 1st WID auction (24h runtime)

03:00 - 03:30 2nd WID auction (23h runtime)

….

01:00 - 01:30 3rd WID auction ( 1h runtime)

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Legend: P0 Regulated Tariff B1 - Bn Bid 1 to Bid n

Example 1

B1

Price

Amount

avail. capacity

B2 B3 B4 1. bidding round

P0

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Legend: P0 Regulated Tariff B1 - Bn Bid 1 to Bid n

Example 2

Price

Amount

avail. capacity

1. bidding round

P0

B1 B2 B3 B4 B5 B6

1. Bidding round: • Six bids are placed • Sum of all bids exceeds the

available capacity)

Page 33: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

Legend: P0 Regulated Tariff B1 - Bn Bid 1 to Bid n

Example 2

Price

Amount

avail. capacity

1. bidding round

B1 B2 B3 B4 B5 B6

2. Bidding round: • B3 reduces the bid • B5 does not place a bid • Sum of all bids exceeds the

available capacity (oversell)

2. bidding round B1 B2 B3 B4 B6

P0

P1

Page 34: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

Legend: P0 Regulated Tariff B1 - Bn Bid 1 to Bid n

Example 2

Price

Amount

avail. capacity

1. bidding round

B1 B2 B3 B4 B5 B6

3. Bidding round: • B4 reduces the bid • B6 does not place a bid • Sum of all bids equals the

available capacity • The auction closes at clearing

price P2

2. bidding round B1 B2 B3 B4 B6

3. bidding round B1 B2 B3 B4

P0

P1

P2

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•Legend: P0 Regulated Tariff B1 - Bn Bid 1 to Bid n

Example 3

Price

Amount

avail. capacity

1. bidding round

B1 B2 B3 B4 B5 B6

3. Bidding round: • B3 & B4 reduce the bid • B6 does not place a bid • Sum of all bids is lower than

the available capacity (undersell)

2. bidding round B1 B2 B3 B4 B6

3. bidding round B1 B2 B3 B4

P0

P1

P2

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Legend: P0 Regulated Tariff B1 - Bn Bid 1 to Bid n

Example 3

Price

Amount

avail. capacity

4. Bidding round: • 2nd large price step is revoked • 1st small price step is applied • B6 is allowed to place a bid • B4 reduces the bid • Sum of all bids is higher than

the available capacity (oversell)

2. bidding round B1 B2 B3 B4 B6

4. bidding round

B1 B2 B3 B4 B6

P2

P1

P3

Page 38: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

Legend: P0 Regulated Tariff B1 - Bn Bid 1 to Bid n

Example 3

Price

Amount

avail. capacity

5. Bidding round: • 2nd small price step is applied • B3 reduces the bid • Sum of all bids is higher than

the available capacity (oversell)

2. bidding round B1 B2 B3 B4 B6

4. bidding round

B1 B2 B3 B4 B6

5. bidding round B1 B2 B3 B4 B6

P2

P1

P3

P4

Page 39: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

Legend: P0 Regulated Tariff B1 - Bn Bid 1 to Bid n

Example 3

Price

Amount

avail. capacity

6. Bidding round: • 3rd small price step is applied • B6 does not place a bid • Sum of all bids is smaller than

the avail. capacity (undersell) • The auction closes at clearing

price P5

2. bidding round B1 B2 B3 B4 B6

4. bidding round

B1 B2 B3 B4 B6

5. bidding round B1 B2 B3 B4 B6

P2

P1

P3

P4

6. bidding round B2 B3 B4

P5 B1

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A

B

IPb_TSO2_EXIT

C

IPc_TSO3_EXIT

border Country 1 Market Zone A

Country 2 Market Zone B

AB

AC

IPa_TSO1_ENTRY

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A1

Shipper A Surcharge

avail. capacity

Shipper B Surcharge

avail. capacity

A2

Amount

B1 B2

B3

Amount

Amount

Su

rch

arg

e

Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

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A1

Surcharge

A2

Amount

B1 B2

B3

avail. capacity

Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

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A1

Surcharge

A2

Amount

B1 B2

B3

avail. capacity

Example 1: fill procedure

Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

Page 55: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

A1 A2

Amount

B1 B2

B3

avail. capacity

Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

clearing surcharge

Surcharge

Example 1: fill procedure

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A1 A2

Amount

B1 B3

avail. capacity

Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

Surcharge

Example 2: kill procedure

B2

Page 58: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

A1 A2

Amount

B1

avail. capacity

Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

B2

clearing surcharge

Surcharge

Example 2: kill procedure

B3

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A1 A2

Amount

B1 B2 A3

avail. capacity

Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

Surcharge

Example 3: pro-rata procedure

Page 61: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

A1 A2

Amount

B1

avail. capacity

Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

Surcharge

Example 3: pro-rata procedure

B2 A3

Page 62: PowerPoint Presentation · 2016-08-04 · A2 Amount B1 avail. capacity • Maximum amount Shipper 2 Minimum amount Shipper 2 Maximum amount Shipper 1 Minimum amount Shipper 1 Legend:

A1 A2

Amount

B1

avail. capacity

Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

Surcharge

Example 3: pro-rata procedure

B2 A3

clearing surcharge

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A1

Amount

B1

avail. capacity

Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

Surcharge

Example 4: demand lower than available capacity

clearing price = starting

price

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Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

Maximum amount Shipper 3

Minimum amount Shipper 3

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Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

Maximum amount Shipper 3

Minimum amount Shipper 3

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Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

Maximum amount Shipper 3

Minimum amount Shipper 3

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Maximum amount Shipper 2

Minimum amount Shipper 2

Maximum amount Shipper 1

Minimum amount Shipper 1

Legend:

Maximum amount Shipper 3

Minimum amount Shipper 3

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16:00 17:00 18:00 19:00 20:00 21:00 22:00 23:00 00:00 01:00 02:00 03:00 06:00 08:00 10:00 11:00 04:00 05:00 07:00 09:00 12:00 13:00 14:00 15:00 17:00 18:00 16:00 19:00 20:00 21:00 22:00 23:00 00:00 01:00 02:00 03:00 06:00 04:00 05:00

Gas Day D Gas Day D-1

24h

24h

23h

22h

21h

20h

19h

18h

17h

16h

15h

14h

13h

12h

11h

10h

9h

8h

7h

6h

5h

4h

3h

2h

1h •

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16:00 17:00 18:00 19:00 20:00 21:00 22:00 23:00 00:00 01:00 02:00 03:00 06:00 08:00 10:00 11:00 04:00 05:00 07:00 09:00 12:00 13:00 14:00 15:00 17:00 18:00 16:00 19:00 20:00 21:00 22:00 23:00 00:00 01:00 02:00 03:00 06:00 04:00 05:00

Gas Day D Gas Day D-1

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Initiated by Selling Shipper Initiated by Buying Shipper

OTC • Offline negotiation on price & conditions

• Selling Shipper registers transaction

• Buying Shipper only confirms

• Offline negotiation on price & conditions

• Buying Shipper registers transaction

• Selling Shipper only confirms

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Init

iati

ng

Sh

ipp

er

Res

po

nd

ing

Sh

ipp

er

Pla

tfo

rm

TS

O*

* 2 TSOs for bundled products

Publish trade

Receive trade

confirmation

Receive trade

confirmation

Receive trade

confirmation

Confirm trade

Activity on the platform

Create trade

proposal

Validate trade

proposal

Receive trade

proposal

Accept trade

Validate trade

Create trade Validate trade

Activity is not on the platform

Create trade proposal

Validate proposal

Place a response Create trade Validate trade Confirm trade Publish trade

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Initiated by Selling Shipper Initiated by Buying Shipper

FCFS

• Binding offer by Selling Shipper

at fixed price

• Countered with (partial) Response by

Buying Shipper

• Binding request by Buying Shipper

at fixed price

• Countered with (partial) Response by

Selling Shipper

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Init

iati

ng

Sh

ipp

er

Res

po

nd

ing

Sh

ipp

er

Pla

tfo

rm

TS

O*

Publish trade

Receive trade

confirmation

Receive trade

confirmation

Receive trade

confirmation

Confirm trade

Create trade

proposal

Validate trade

proposal

Receive trade

proposal

Create a

response

Create trade

proposal

Validate

proposal

Place a

response Create trade Validate trade Confirm trade Publish trade

Validate trade

Create trade

(automatically) Validate trade

Publish trade

proposal

* 2 TSOs for bundled products Activity on the platform Activity is not on the platform

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Initiated by Selling Shipper Initiated by Buying Shipper

Call for Orders

• CFO started by Selling Shipper

• Buying Shipper proposes (partial) Response &

price

• Response evaluation by Selling Shipper

• CFO started by Buying Shipper

• Buying Shipper proposes (partial) Response & price

• Response evaluation by Buying Shipper

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Init

iati

ng

Sh

ipp

er

Res

po

nd

ing

Sh

ipp

er

Pla

tfo

rm

TS

O*

Publish trade

Receive trade

confirmation

Receive trade

confirmation

Receive trade

confirmation

Confirm trade

Create trade

proposal

Validate trade

proposal

Receive trade

proposal

Create a

response

Create trade

proposal

Validate

proposal

Place a

response Create trade Validate trade Confirm trade Publish trade

Validate trade

Create trade Validate trade

Accept

response

Publish trade

proposal

* 2 TSOs for bundled products Activity on the platform Activity is not on the platform

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Study

Expert review

User Consultations

Design Challenges

User Validation

New Design

Implementation

Test

Go-live

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Indicative design concepts Detailed Mock-ups Updated design

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