In accordance with Article 28 of Commission Regulation the Energy Authority carries out a consultation. The consultation is open from 11th November until 25th November 2022.
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.
It is very important that EU Member States continue exporting electricity and gas to neighbouring countries in order to secure sufficient supply of energy during the coming winter. This is highlighted in a press release of the European Union Agency for the Cooperation of Energy Regulators (ACER). ACER emphasises that an integrated energy market supports the sufficient supply of energy in all Member States and lowers the peak prices of gas and electricity.
On 1 January 2020, the single entry tariff zone of Finland, Estonia and Latvia (FinEstLat) started operating. The merger of FinEstLat means the linking of the Finnish, Estonian and Latvian markets, removing the internal tariffs in the region and setting the entry tariffs in the region at the same level, by applying the inter-TSO compensation (ITC) mechanism. The results of the operation of FinEstLat single entry tariff zone are greatly positive.
The Energy Authority has published a proposal from the Finnish transmission system operator Gasum Oy regarding the terms and conditions for provision of gas transmission services.
Consultation on capacity allocation mechanism at the Imatra Cross-Border Interconnection Point as of January 1, 2020
The Energy Authority has received from Gasum Ltd a proposal for the capacity allocation mechanism, as per attached document. Before making the final decision, the Energy Authority must give the opportunity to the stakeholders to express their views about the proposed capacity allocation mechanism.