Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Euronext Bruxelles  >  Fluxys SA    DIST   BE0003803203

News SummaryMost relevantAll newsSector news 

FLUXYS CAT.D : Alliance of European TSOs to push European Capacity Platform

04/18/2012 | 08:52am US/Eastern


Amsterdam - Sixteen major European Transmission System Operators (TSOs) have taken the initiative to bundle their efforts and wide experience in the field of capacity booking platforms to move towards a joint European capacity platform. The alliance is formed by network operators from Belgium, Denmark, France, Germany and the Netherlands. At the FLAME conference high-ranking representatives of the initiative today signed a Memorandum of Understanding defining the shape of this new capacity platform to meet future European Market rules. These are described in the Capacity Allocation Mechanism Network Code (CAM NC) which is currently being finalized at EU level.

Ulrich Ronnacker (Open Grid Europe GmbH), Johnny Thomas Holst (Energinet.dk), Annie Krist (Gas Transport Services B.V.), Pierre-Laurant Lucille (GRTgaz S.A.), Paul Tummers (Fluxys SA)

"Our alliance to deliver a joint capacity platform is a major step towards an integrated European gas market as intended by the European Third Energy Package", the participating TSOs announced today. "The new initiative links gas markets in five different countries in the core of Europe. Thus, it opens new possibilities for cross-border gas transport to shippers, who will be able to book capacities at European network points through one single tool."

Günther Oettinger, European Commissioner for Energy: "This is a very promising step towards a single European internal gas market. The auctioning of bundled capacity is a key aspect of the network code, and I am pleased to see TSOs committed to making this work".

The aim is to make the platform operational by April 2013. It will be able to handle different capacity products, offer auction mechanisms and serve different TSO backend systems. The platform will also have a secondary market function.

The initiative bundles the existing platform activities of all participating TSOs. Their comprehensive know-how covers the operation of four existing platforms in Europe: Capsquare, Eucabo, Link4Hubs as well as TRAC-X.

The partners of the joint capacity platform are:

Press contact

Rudy Van Beurden
Tel.: +32 2 282 72 30
Fax: +32 2 282 79 43
E-mail: rudy.vanbeurden@fluxys.com

distributed by
React to this article
Latest news on FLUXYS SA
09/02 Greece to miss 2015 privatisation sales target - agency chief
05/15 FLUXYS BELGIUM D : ex-dividend day for annual dividend
05/12 FLUXYS BELGIUM D : Interim statement
05/12 FLUXYS BELGIUM D : Announces Interim statement
04/23 FLUXYS BELGIUM D : Carbon neutral gas supply in 2050: ONTRAS joins Green Gas Ini..
04/10 FLUXYS BELGIUM D : Extraordinary and Ordinary Annual General Meetings on 12 May ..
04/06 FLUXYS BELGIUM D : LNG awards contract for new extension Zeebrugge LNG terminal
04/02 FLUXYS BELGIUM D : LNG awards contract for new extension Zeebrugge LNG terminal
03/30 FLUXYS BELGIUM D : Group - Regulated information, 2014 results
03/25 FLUXYS BELGIUM D : Regulated information: 2014 results
Income Statement Evolution
More Financials