The European Regulators' Group for electricity and gas (ERGEG), European Gas Regulatory Forum (Madrid Forum)
Summary of the initiative
Name of Private Regulator:The European Regulators' Group for electricity and gas (ERGEG), European Gas Regulatory Forum (Madrid Forum)
Objective(s):Article 19 of Directive 2003/55/EC provides that Member States may choose between regulated and negotiated access to storage. "In the case of negotiated access, Member States shall take the necessary measures for natural gas undertakings and eligible customers either inside or outside the territory covered by the interconnected system to be able to negotiate access to storage and linepack, when technically and/or economically necessary for providing efficient access to the system, as well as for the organisation of access to other ancillary services." The GGPSSO lay down qualitative minimum requirements to be implemented by storage operators in order to allow access to storage facilities in line with Article 19 of Directive 2003/55/EC.
Description of the Initiative