CMP IMPLEMENTATION ROADMAP 20th IG meeting Madrid 19th November 2012 CMP implementation • TSOs are currently working on the interpretation of the CMP text from the EC decision of 24 August 2012 • The different mechanisms need a detailed analysis by TSOs and further definitions from EC/NRAs • Coordination work must be done at a country level as well as at regional level for a successful implementation • Oversubscription and buy-back mechanisms request a particular evaluation due to the risks/rewards associated for TSOs. • The following CMP implementation roadmap is a first proposal and must not be seen as a formal engagement from TSOs until further precisions are given to the different mechanisms 2 Roadmap CMP implementation - 2013/2014 UIOLI LT, Capacity Surrender, Oversubscription and Buy-back come into force for the concerned IPs TSOs UIOLI LT proposal CMP implementation roadmap agreement October 2012 UIOLI LT and Capacity Surrender start implementation Capacity Surrender proposal January 2013 April 2013 Approval by NRAs of UIOLI LT proposal Approval by NRAs of Cap. Surrender proposal UIOLI LT and Capacity Surrender Operational Oversubscription / Buy-back proposal July 2013 UIOLI LT and Cap. Surrender Market consultation NRAs Stake holders Oversubscription / Buy-back start implementation Evaluation of contractual congestion situation at the different IPs October 2013 Oversubscription/ buy-back Market consultation January 2014 April 2014 Stakeholders’ feedback on UIOLI LT and surrender Approval by NRAs of Oversubscription / Buy-back proposal 3 Roadmap CMP implementation - 2014/2016 UIOLI FIRM ST come into force for the concerned IPs TSOs Oversubscription / Buy-back Operational UIOLI FIRM ST Operational UIOLI FIRM ST start implementation UIOLI FIRM ST proposal 2014 April 2014 NRAs Stake holders 2015 October 2014 January 2015 2016 October Dec 2015 2015 Stakeholders’ feedback on Oversubscription / Buy-back March 2016 UIOLI FIRM ST Market consultation July 2016 December 2016 Stakeholders’ feedback on UIOLI FIRM ST Approval by NRAs of UIOLI FIRM ST proposal 4 CMP implementation: key milestones • UIOLI LT and Capacity surrender operational: 1st October 2013 • Oversubscription and Buy-back operational: 1st April 2014 • UIOLI FIRM ST operational: 1st July 2016 5 CMP implementation Working Plan Areas of Work Responsible Starting Deadline TSOs/NRAs/Stakeholders Nov. 2012 Nov. 2012 UIOLI LT proposal TSOs Nov. 2012 Feb. 2013 Approval by NRAs of UIOLI LT proposal NRAs Feb. 2013 Mar. 2013 Capacity Surrender proposal TSOs Nov. 2012 Mar. 2013 Approval by NRAs of capacity surrender proposal NRAs Mar. 2013 Apr. 2013 Evaluation of contractual congestion situation at the different IPs NRAs May 2013 May 2013 TSOs/NRAs May 2013 Jun. 2013 UIOLI LT and capacity surrender implementation TSOs Jul. 2013 Oct. 2013 Oversubscription / Buy-back proposal TSOs Nov. 2012 Jul. 2013 Approval by NRAs of Oversubscription / Buy-back proposal NRAs Jul. 2013 Sep. 2013 UIOLI LT and Capacity Surrender operational TSOs 1st Oct. 2013 1st Oct. 2013 Oversubscription / Buy-back Market consultation TSOs/NRAs Oct. 2013 Nov. 2013 TSOs Jan. 2014 Apr. 2014 Stakeholders Feb. 2014 Feb. 2014 TSOs 1st Apr. 2014 1st Apr. 2014 Stakeholders Oct. 2014 Oct. 2014 UIOLI FIRM ST proposal TSOs Jan. 2015 Oct. 2015 Approval by NRAs of UIOLI FIRM ST proposal NRAs Nov. 2015 Dec.2015 TSOs/NRAs Jan. 2016 Feb. 2016 UIOLI FIRM ST implementation TSOs Mar. 2016 Jul. 2016 UIOLI FIRM ST operational TSOs 1st Jul. 2016 1st Jul. 2016 Stakeholders Nov. 2016 Nov. 2016 CMP Implementation roadmap agreement UIOLI LT and capacity surrender Market consultation Oversubscription / Buy-back implementation Stakeholders’ feedback on UIOLI LT and surrender Oversubscription / Buy-back operational Stakeholders’ feedback on Oversubscription / Buy-back UIOLI FIRM ST Market consultation Stakeholders’ feedback on UIOLI FIRM ST 6 Thank you for your attention!