The EU Agency for the Cooperation of Energy Regulators (ACER) publishes today an opinion providing guidance to the national regulatory authorities on the implementation of the electricity long-term transmission rights on the Finnish-Estonian bidding zone border.
The opinion clarifies open questions related to the approval process of terms and conditions or methodologies and clarifies requirements on the splitting of long-term cross-zonal capacity.
These clarifications are instrumental for Transmission System Operators (TSOs) on the Finnish-Estonian bidding zone border to start issuing long-term transmission rights.
ACER’s guidance facilitates the implementation of the Finnish and Estonian regulatory authorities’ decision on issuing long-term transmission rights on the relevant bidding zone border. The regulatory authorities based their decision on an assessment showing insufficient hedging opportunities for market participants of the Baltic member states. The aim of ACER’s guidance is for market participants to have access to needed hedging opportunities as soon as possible.
