26 November 2010

8th Stakeholder Group Meeting of the Gas Regional Initiative North-West (GRI NW)

Brussels, 26 November 2010

Mark Hobbelink Wiekens, GTS

Agenda

a new cross border service

– What is Link4Hubs?– How does it work?– Preliminary conclusions

GUDGTS

ENDK

What is Link4Hubs?

Short term capacity assessment makes a new firm Day Ahead product possible

Service enables the transfer of gas between the 3 grids

A One-click service

Capacity booking and nomination combined

Enhance possibilities for day ahead cross-border gas trade and price arbitrage

Link4Hubs – how does it work?

•One Click:

Transfer of gas from

portfolio in one

country to portfolio

in another country

The TSOs arrange the underlying physical transportation

The offered service is firm (we start by offering a small amount)

Shipper

TSO Contracts

TSO actions

One click received

TSO A prepares exit-contract from country A

TSO B prepares entry-contract and exit-contract through country B

TSO C prepares entry-contract into country C

All TSOs nominate to these contracts

Shipper only sees new cross-border service contracts

GUDGTS

ENDK

Some preliminary conclusions

Results Challenges

• Common focus on market facilitation

• Successful inter TSO cooperation

• Co-operation agreement established

• Implemented very fast and within budget and deadlines!

• Positive customer feedback

• Common focus on market facilitation

• Successful inter TSO cooperation

• Co-operation agreement established

• Implemented very fast and within budget and deadlines!

• Positive customer feedback

• Three parties

• New international inter-TSO project organization

• Different contract and tax rules

• Differences in TSO IT-systems and internal procedures

• Cultural differences

• Three parties

• New international inter-TSO project organization

• Different contract and tax rules

• Differences in TSO IT-systems and internal procedures

• Cultural differences

Registration started 1 June 2010 Operational since 1 July 2010

– Opening hours – business days between 9-11

Capacity available at the GTS side of Link4Hubs starts with a cap of 60 MWh/h

More information on www.link4hubs.com

“in a nutshell”