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Consultation on gas market Terms and Conditions of Balancing 

Publication date 9.11.2022 11.03
Press release

The Energy Authority reserves the opportunity for those interested in the matter to present their views on the Terms and Conditions of Balancing proposed by the transmission system operator. Statements must be submitted to the Energy Authority no later than 23 November 2022.

Transmission System Operator with System Responsibility Gasgrid Finland Ltd has submitted for confirmation the Terms and Conditions of Balancing. The terms and conditions have been updated concerning the applicable Adjustment Step. In ad-dition, Gasgrid Finland has proposed minor updates to the terms and conditions.  Please note that English version of the Terms and Conditions of Balancing is an unofficial translation. The aim of the translation is to provide information. Energy Authority will approve these terms and conditions only in Finnish. The Finnish text can be found here.

According to the target schedule, the proposed Terms and Conditions of Balancing would enter into force on January 1, 2023. The currently valid Terms and Conditions of Balancing are valid until further notice. Gasgrid Finland has also submitted a track changes version of the terms and conditions, which highlights the pro-posed changes. 

The Energy Authority reserves the opportunity for those interested in the matter to present their views on the Terms and Conditions of Balancing proposed by the transmission system operator. Statements must be submitted to the Energy Authority no later than 23 November 2022 by e-mail to addresses [email protected] and [email protected] Statements can also be delivered to address Energy Authority, Lintulahdenkuja 2 A, 00530 Helsinki. Authority requests to refer in responses to the Finnish diary number 2501/050303/2022.

For more information: Specialist Liisa Sinisammal, [email protected]

Terms and Conditions of Balancing 3.0 – unofficial English translation (pdf)
Terms and Conditions of Balancing 3.0 (track changes version) – unofficial English translation (pdf)

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