Brussels, 25 October 2010 | Europex welcomes the opportunity to participate in ERGEGs consultation on “Draft Framework Guideline on Gas Balancing”. Gas balancing rules are an important part of the network access, which can create barriers for new entrants to the wholesale market for gas. Moreover, the absence of harmonised balancing rules and market based balancing mechanisms between adjacent market areas or member states hampers cross-border gas trading, and as such, impedes the development of liquid, integrated (spot) markets. As the framework guideline provides the principles for the development of network codes on gas balancing, it is of interest to our members. In our view, harmonised and market-based gas balancing rules are a prerequisite for further work towards this objective.
Please find the whole consultation response attached.