RCC meeting Feasibility of implicit allocation in the gas market TITRE 18/10/2012 RCC meeting Feasibility of implicit allocation in the gas market NMa.

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Presentation transcript:

RCC meeting Feasibility of implicit allocation in the gas market TITRE 18/10/2012 RCC meeting Feasibility of implicit allocation in the gas market NMa

RCC meeting Feasibility of implicit allocation in the gas market The RCC has drafted a position paper on the feasibility of implicit allocation in the gas market (now up for consultation) Report of The Brattle Group (commisisoned by NMa) finalized Draft RCC position paper finalized and published for consultation Ongoing public consultation (until 5 November) and workshop (19 October) Process so far

RCC meeting Feasibility of implicit allocation in the gas market The morning session of the workshop is meant to explore the added value of implicit allocation in the gas market

RCC meeting Feasibility of implicit allocation in the gas market In the afternoon session the design issues related to the implicit allocation mechanism will be discussed in an open dialogue

RCC meeting Feasibility of implicit allocation in the gas market The RCC will present a statement and provide Participants who like to respond to a statement walk to a microphone Participants should not get into an argument who is `wrong or right` Chatman house rules apply Statements are only meant for discussion (and do not reflect RCC opinion) The RCC will present a statement and provide brief introduction Participants who like to respond to a statement walk to a microphone Participants should not get into an argument who is `wrong or right` The RCC will present several statements on the design issues and envisions to discuss these in a “lower house debate” style

RCC meeting Feasibility of implicit allocation in the gas market Each statement is introduced via an elevator pitch and participants can – once a statement has been discussed – anonymously vote  - The implicit allocation mechanism should not include a reserve price  - The implicit allocation mechanism should only make use of bids and offers made on the exchange instead of the OTC

RCC meeting Feasibility of implicit allocation in the gas market The RCC will draft an evaluation of comments and based upon input received revise – if applicable – the position paper  Based upon the EoC the position paper will be revised – where applicable – and finalized Final position paper Evaluation of comments  The RCC will draft an EoC that explains to what extent – and how – stakeholders input has been taken into account  NMa will draft internal minutes of the GRI NW workshop on implicit allocation “workshop minutes”

RCC meeting Feasibility of implicit allocation in the gas market The aim is to present the final RCC position paper during the Stakeholder Group meeting on 23 November in Copenhagen Workshop 19 Nov End of consultation EoC and revised position paper Revised position paper for approval Presentation Madrid Forum Presentation SG meeting Final position paper to SG 19 Oct 5 Nov 8 Nov 15 Nov 22 Nov2013