Publication according to Network Code Tariff (TAR NC)

Publication requirements of TAR NC Articles 29 and 30 (Commission Regulation (EU) 2017/460 of 16 March 2017 establishing a network code on harmonised transmission tariff structures):

Information for standard capacity products for firm capacity is published on:

GRTgaz has multipliers, but no seasonal factors.
Multiplier levels are based on CRE ATRT8 deliberation § 6.2.4 and comply with TAR NC Art. 13.
Justification on multiplier levels : § 4.2.2.2.4 of CRE ATRT8 deliberation.

CRE deliberation shall prevail over other sources. 
 

Information for the standard capacity products for interruptible capacity reserve prices is published on:

CRE deliberation shall prevail over other sources.

Explanation of the probability of interruption of interruptible capacity calculation:

- CRE ATRT8 deliberation § 4.2.3

Forecasted contracted capacity at entry exit points: CRE ATRT8 deliberation 

Technical capacity at entry and exit points:
Carioca (grtgaz.com) or https://www.smart.grtgaz.com/en

Structural representation of the transmission network and technical capacities:
GRTgaz network | grtgaz.com
or https://www.grtgaz.com/sites/default/files/2023-04/Plan-Decennal-de-Developpement-2022-2031.pdf p. 34

Additional technical information about the transmission network, such as the length and the diameter of pipelines and the power of compressor stations:
GRTgaz in brief | grtgaz.com

CRE ATRT8 deliberation 

  • Flow scenarios are indicated in § 4.2.2.2.2 
  • Evolution of capacity booked at entry and exit points is indicated in § 4.2.2.2.2 and Annex 3.
  • Distances taken into account are indicated in Annex 9

GRTgaz allowed revenue for 2024 : 2083,6 million €
§ 3.3.1.1 of CRE ATRT8 deliberation
 

Excluding smoothing effects, allowed revenue increases by 20.8% between 2023 and 2024 then decreases by -2.8% per year on average over the ATRT8 period.

§ 3.3.1.1 of CRE ATRT8 deliberation
 

CRE ATRT8 deliberation

  • Types of assets, regulated asset base (RAB): § 2.2.2
  • Cost of capital: 4.1% (real, before tax) for ancient assets, 5.4% (nominal, before tax) for new assets, cf. § 3.1.4.1
  • Capital expenditures : § 3.1.4
  • Operational expenditures: § 3.1.3
  • Incentive mechanisms and efficiency targets: § 2.4, 2.5 and 2.6
  • Forecast inflation considered:  +4.8% in 2023; +2.5% in 2024; +2% in 2025; +2% in 2026; +1.8% in 2027

CRE ATRT8 deliberation

  • Transmission services revenue share amounts to 46% of total income, cf. § 4.2.2.1.4
  • Capacity – commodity split is 100%-0%. GRTgaz transmission tariffs are fully capacity-based
  • Entry-exit split between transmission services revenue is 34% (entries) / 66% (exits) and is described in § 4.2.2.2.1
  • Split in transmission services revenue between transit and domestic consumption is roughly 17% for transit and 83% for domestic consumption, cf. Annex 7

GRTgaz allowed revenue for 2023 : 1 724.6 million € § 4.2 of CRE deliberation

CRE ATRT8 deliberation  

The CRCP balance as of 31 December 2023 corresponds to €-59.0 million to be given back to network users. 
The amount of the CRCP balance as of 31 December 2023 will be spread across four years and included in the allowed revenue for the ATRT8 period. Since the amount for differences for the year 2023 is provisional, the final value will be included in the CRCP balance as of 31 December 2024 (§ 3.1.5.1)
The CRCP balance as of 31 December 2023 will be adjusted in four constant annual instalments of €-15.6 million (§ 3.3.1.1)

  • Principle, calculation and reconciliation of the CRCP balance (§ 2.2.3, 2.3.5, 2.4.2 and Annex 4)

For the present ATRT8 tariff, the CRCP balance will be calculated as of 31 December each year. The CRCP balance will be reconciled over a period of one year, within the limit of one tariff change associated with this reconciliation of +/-3%. If this limit is reached and will not enable the balance of the CRCP to be fully reconciled in the tariff change of the following year, the non-reconciled balance for the year in question will be deferred to the following year.

  • Incentive mechanisms implemented for the regulatory account (§ 2.3.3)

Items partly covered by the CRCP:

  • Energy costs (gas and electricity) and purchases and sales of CO2 emission allowances. To encourage the TSOs to control these expenses, the differences in this item are 90% covered by the CRCP for the portion between the actual amount and the reference amount less than or equal to, in absolute value, 50% of the reference amount. The fraction of the difference between the actual and reference amounts, in absolute value, in excess of 50% of the reference amount, is 100% covered by the CRCP. The reference amount is updated annually. The difference between the updated reference amount and the initial reference amount is fully covered by the CRCP;
  • the capital gain made on the disposal of real estate asset, 80% covered by the CRCP;
  • costs for consumables (THT), 80% covered by the CRCP. The reference trajectory is updated annually. The difference between the updated trajectory and the initial trajectory is fully covered by the CRCP;
  • transmission income from the main upstream network at interconnection entry points and from LNG terminals (PITTM) are 90% covered by the CRCP, to encourage TSOs to maximise subscriptions. The same applies for the following additional expenses and income:
    • income from access and transactions at the gas exchange point (PEG); 
    • income from the Alizés balancing services;
    • income received in application of the use-it-or-lose-it (UIOLI) and use-it-or-buy-it (UBI) mechanisms; 
    • income from the auction of daily capacity.

      The reference trajectory is updated annually. The difference between the updated trajectory and the initial trajectory is fully covered by the CRCP.
  • Differences in GRTgaz expenses linked to ANE (“avantage en nature énergie”) are 100% covered by the CRCP provided they relate exclusively to price differences to the electricity and gas price benchmark set by CRE (see confidential appendix 5); the remainder is not covered by the CRCP.

CRE deliberation § 4.1

As from 2022, the auction premium is redistributed through the CRCP.

GRTgaz website for the transmission tariffs under the title “Upstream network” and for the non-transmission tariffs under the “Downstream network”: 

2023 transmission tariff (pdf) or 
http://www.smart.grtgaz.com/en/tarifs

CRE deliberation shall prevail over other sources. 

CRE ATRT8 deliberation

The differences in the levels of tariffs between 2023 and the tariffs over the ATRT8 period are indicated in § 4.2.2.

Explanations of these differences are developed in § 2.3.3 and § 3.3.1. 

CRE ATRT8 deliberation

Annex 10 "Simplified tariff model"