Information related to auction premium

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Presentation transcript:

Information related to auction premium According to the Methodology approved by Order 32/2012 of the ANRE President, `The tariff payable for the transmission services awarded by a capacity booking auction shall be the firm/interruptible capacity booking tariff, applicable when the capacity booked may be used, plus the auction premium`, and `Revenue obtained by applying the final tariff resulting following the auction, to be paid for the firm/interruptible booked capacity, represents the gas transmission revenue.` Therefore, the premium obtained after the auctions for the capacity booking products will be allocated to the regulatory account by the correction component of the total revenue and will be used for the adjustment of the total revenue of the following gas year. To sum up, the revenues obtained from the auction premium for capacity booking products within a gas year will be transferred to the network users in the following gas year.