Europex response to ACER public consultation on “Framework Guidelines on Gas Balancing in Transmission Systems”

Brussels, 8 June 2011 | Europex welcomes the opportunity to participate in ACER’s public consultation on “Framework Guidelines on Gas Balancing in Transmission Systems”.  Europex advocates the development of integrated, liquid and efficient wholesale European gas markets and considers market-based balancing rules as a corner stone of this objective. The current patchwork of balancing rules and mechanisms across Europe hampers cross-border gas trading, and as such, impedes the development of liquid, integrated (spot) markets. Therefore, we strongly support the writing of the Balancing Network Code aimed at developing harmonised balancing rules and market based balancing mechanisms between adjacent market areas or Member States.

Please find the whole consultation response attached.