he EU Agency for the Cooperation of Energy Regulators (ACER) publishes today its yearly report on the implementation of the Inter-Transmission System Operator Compensation mechanism (ITC) covering the year 2021.
The ITC fund compensates Transmission System Operators (TSOs) for the costs incurred on national power systems for hosting cross-border flows of electricity (transits).
The ITC fund in 2021 reached its highest-ever value (€364.5 million) for the third year in a row. In 2021, this is due to an increase in the volume of transmission losses due to transits.
There is a decrease in the value of losses for the vast majority of the ITC Parties (TSOs or groups of TSOs participating in the ITC mechanism) in 2021 compared to 2020.
What are the next steps?
ACER considers that there may be room for improvement in how, when and/or how often the values of losses are determined for the purpose of the ITC mechanism.
