1. Walter Boltz, ERGEG Vice President 18 th Madrid Forum 28 th September 2010 Capacity allocation in natural gas transmission networks Pilot framework guideline Response to EC letter

2. 218 th Madrid Forum, 28 September 2010 EC’s evaluation Issues welcomed by the EC Harmonised capacity products Bundling of capacities Market-based CAM Issues to be further elaborated Possibility for NRA decision in some areas (CAM) “Technical” parameters reg. bundling of capacities (timing, loss of capacities, relation to existing contracts) Auction design (reserve price, existing capacities) Rules for firm vs interruptible capacities Harmonisation of gas day

3. 318 th Madrid Forum, 28 September 2010 ERGEG’s initial response Starting point was a fragmented picture of applied CAMs Open and transparent discussions started two years ago ERGEG principles in January 2009 2 public consultations 2 workshops Many bilateral meetings with stakeholders Presentations at the Madrid Forum Idea of pilot projects was To test the process and To make substantial progress in the area of CAM ERGEG agrees with the need for harmonisation, however, a broad consensus has to be reached among stakeholders and NRAs ERGEG will revise the FG where further clarification are needed or will develop additional justifications on the proposed text ERGEG will get in contact with EC to discuss in detail the revised version asap

4. 418 th Madrid Forum, 28 September 2010 Thank You!