Day Ahead Capacity Trading Marco Wettig 9 June 2009, Paris Titel mit Verlauf und Typo

Contents trac-x Company Information Update on Day-ahead Capacity Trading Way Forward Tuesday, 05 November 2019

trac-x Transport Capacity Exchange GmbH trac-x is the European Platform for Secondary Capacity Trading within the European Natural Gas Transmission Grid. Established: 01 March 2005 Located in: Leipzig, Germany Managing Director: Bernd Protze Software: ECG Erdgas-Consult GmbH Presentation of the trading possibilities on trac-x Tuesday, 05 November 2019

Shareholders Tuesday, 05 November 2019 European Energy Exchange AG VNG - Erdgascommerz GmbH Thyssengas GmbH EWE Netz GmbH E.ON Gastransport GmbH Tuesday, 05 November 2019

Registered Users www.trac-x.de* General: 385 registered users from 19 countries 56 authorised companies Day-ahead trading: 63 authorised traders 14 authorised companies Finland 0.3 % Norway 1.1 % Estonia 0.3 % Denmark 1.9 % Netherlands 2.7 % United Kingdom 8.9 % Poland 0.8 % Russia 0.3 % Germany 72.4 % Belgium 1.1 % Czech Republic 0.3 % Slovakia 0.3 % Austria 2.7 % France 2.1 % Hungary 0.3 % Switzerland 2.3 % Rumania 0.3 % Italy 1.6 % Spain 0.3 % *25 April 2009 Tuesday, 05 November 2019

Day-ahead Pilot Project Participating TSOs Day-ahead Trading Product Secondary firm capacity Trading Window Working days, 9-11 a.m. Trading Procedures Auction or FCFS TSO Notification Done by trac-x Capacity Transaction Transfer Capacity Bundling Bundled Offering of Exit/Entry Bundled Bidding for Exit/Entry (in preparation) Tuesday, 05 November 2019

Tradable Network Points Cross-Border Points Within the GRI Project: Bunde/Oude Statenzijl (D-NL), Ellund (D-DK) Further cross-border points*: Eynatten/Raeren (D-BE), Emden EPT (D-NL), Emden NPT (D-N), Bocholtz (D-NL), Medelsheim (D-F), Oberkappel (D-A), Vreden (D-NL), Wallbach (D-CH) German Interconnection Points Reckrod, Bunder Tief, Lampertheim, Steinitz, Drohne, Steinbrinck, Emsbüren *currently only tradable from the German side Tuesday, 05 November 2019

Day-Ahead Trading Volume (since May 2008)* * as of May 2009 Tuesday, 05 November 2019

Day-Ahead Trading Volume (since May 2008)* * as of May 2009 Tuesday, 05 November 2019

Latest Developments Trading window until 11 a.m. Implementation of data entry wizard Additional network points Publication of standard trading conditions Monthly publication of trading results Day-ahead trading has had a positive effect on long-term capacity trading Tuesday, 05 November 2019

Way Forward Activation of IP Ellund on Danish side (ongoing work with energinet.dk) Standardisation of products and processes Cooperation with EFET for further development of capacity market Improvements based on new rules for capacity as outlined in BNetzA Consultation Paper on Capacity Management Continued GRI work in the secondary capacity work stream BNetzA Standardization of primary capacity products More flexibility for cross-border point rules Tuesday, 05 November 2019

Lessons Learned Support and commitment from participating TSOs has been vital for the successful implementation of the pilot Widely standardised registration and transfer procedures Standardised technical interface Reduction of lead time from 10 days to < 3 hours!! GRI process has been vital for joining forces and overcoming obstacles!! My personal entry for GRI wish list:  What about incentives for TSOs that support Day-ahead capacity trading? Tuesday, 05 November 2019

trac-x Transport Capacity Exchange GmbH Address: Foepplstrasse 3 04347 Leipzig Germany Phone: +49-341-443 907121 Fax: +49-341-443 2376 Email: info@trac-x.de Web: www.trac-x.de MD: Mr Bernd Protze Tuesday, 05 November 2019