ACER And ENTSOG To Clarify Implementation Of Virtual Interconnection Points For Gas

According to the EU Network Code on Capacity Allocation Mechanisms, Virtual Interconnection Points for trading gas have to be established by 1 November 2018. Virtual Interconnection Points are several physical points grouped together to allow users to buy a single capacity service.
 
ACER and ENTSOG were notified of an issue in relation to the implementation of such virtual points on the Joint Functionality platform. Transmission System Operators (TSOs) are planning to implement different models to deal with Virtual Interconnection Points. These models vary in particular on how to deal with existing capacity contracts and their transfer to the virtual points. Such a variety of implementation models is mainly due to differing legal interpretations of the network code.
 
ACER and ENTSOG continue to work on this issue and have already presented it to the European Commission and representatives of the Member States. As a follow up, ACER and ENTSOG expect the feedback of the European Commission before finding a solution.
 
Find out more about the Joint Functionality Platform and the issue here.