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May - March 2022 May - March 2022
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May
27
Fri
New Correggio product: Pre-Market Entry Report (PMER)- GAS - Moldova - is now available
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May 27

We are developing CorreggioNET in line with the business needs of our subscribers – therefore we are glad to inform you that the Pre-Market Entry Report for Moldova (for the gas sector) is now available to purchase as a PDF file. Please find the table of contents of this report annexed to this email.

If you would like to purchase this report, please send us an e-mail to info@correggionet.eu or l.indries@correggio-consulting.eu and we will be glad to process your request.

For more information, please consult our website.

Categories: Countries
May
11
Wed
Correggio Briefing: Gas Storage and Security of Gas Supply in the EU
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May 11

Correggio Consulting is pleased to share with you the Gas Storage and Security of Gas Supply Briefing Note concerning upcoming supply support measures and storage obligations across EU, Germany, Austria, Poland, Czechia, Slovakia, Iberia (link)

Categories: Countries
May
4
Wed
CN-Notification: Change in the CorreggioNET system (Czech Republic / Gas / Introduction of 80% Storage Obligation)
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May 4

We would like to inform you about the following change in the CorreggioNET system:

Regarding the recent developments of the conflict in Ukraine, the Czech Ministry of Industry and Trade has issued a crisis management measure, which shall increase the minimum gas storage capacity up to 80% in order to prevent fluctuations in gas prices in the coming months and the following winter season. This measure has not yet been specified, aside from providing state subsidies for the purchase of additional gas.

In relation to the conflict in Ukraine, the Czech Chamber of Deputies has approved of declaring a state of emergency. The state of emergency has allowed the Ministry of Industry and Trade (“MIT”) to issue crisis management measures.

Information in Czech language here.

For more information, please consult our Czech Republic gas page on CorreggioNET

Categories: Czech Republic PMEG Gas
Apr
26
Tue
CN-Notification: Change in the CorreggioNET system (Spain/Gas/ Monthly Reporting Obligation on Gas Import Prices)
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April 26

We would like to inform you about the following change in the CorreggioNET system: The Spanish National Markets and Competition Commission (CNMC) amended and narrowed-down the monthly reporting obligation on information about gas import prices.

The new adopted Circular 1/2022 (link in Spanish) replaces the former Circular 4/2008 obligations (which have been repealed).

A convenience translation of Circular 1/2022 is made available by CorreggioNET (link). The main changes are:

  • The first first month to be reported according to the new circular is April-2022, the deadline being 31 May 2022 at the latest.
  • The former obligation has been simplified and now it only affects traders importing gas / using Spanish gas fields or injecting renewable gas into the grid. Formerly it affected to all traders.
  • Forms are all new according to Annex I of the Circular (more details at this link)

For more information, please consult our Spain Gas page on CorreggioNET

Categories: Spain PMEG Gas
Apr
20
Wed
CN-Notification: Change in the CorreggioNET system (Italy/Gas/Additional Resolution on Gas Import Contracts)
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April 20

We would like to inform you about the following change in the CorreggioNET system:

Italian regulator ARERA has published additional resolution 4/2022 with an updated methodology on the monthly collection of data of gas import contracts (see attachment on ARERA website).
This form (link) should be sent to  protocollo@arera.pec.it
The data should be transmitted within the first week of the month M + 2, starting from data of March 2022. The same data relating to the first two months of 2022 must be transmitted by April 27.
This is a monthly reporting obligation introduced by Italian government and regulator was to understand the volatility in the gas market and improve transparency. 

For more information, please consult our Italy Gas page on CorreggioNET 

Categories: Italy PMEG Gas
Apr
7
Thu
CN-Notification: Change in the CorreggioNET system (France/Gas/Yearly reporting according to article R.443-7 of the Energy Code - Translated form)
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April 7

We would like to inform you about the following change in the CorreggioNET system:

The French Energy Ministry has published the updated form for the yearly reporting according to article R.443-7 of the Energy Code. The form is available in French. Additionally, the CorreggioNET team has prepared a convenience translation of the reporting form in English. The deadline to comply with the reporting obligation is the 15th of May 2022, and the spreadsheet needs to be sent back to the following address: enquete-gaz@developpement-durable.gouv.fr.

For more information, please consult our website:
https://www.correggionet.eu/2018/04/12/france-pmeg-gas/.

Categories: France PMEG Gas
Mar
24
Thu
CN-Notification: Change in the CorreggioNET system (Hungary/Gas/Data on overdue payments and overpayments) - For the full-scale license holders only
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March 24

We would like to inform you about the following change in the CorreggioNET system:

The Hungarian Energy and Public Utility Regulatory Authority (HEPURA) has decided to maintain the regular data reporting requested in its letter No. FFAFO/326-1/2021 dated 20 October 2021 – i.e., the weekly data reporting on overdue payments and overpayments (Datasheet G680 – v3). The obligation requires to report data on your buyers and suppliers and a list of non-residential contracts terminated for non-payment.

This weekly reporting was originally intended to last until 31 March 2022  but has been extended to 30 June 2022 due to the unchanged macroeconomic environment. Information must be sent to the HEPURA every Tuesday, COB, via e-mail to the attention of szepessye@mekh.hu and foldgazfelugyelet@mekh.hu, or via the EIA platform of the authority.

Please note that this reporting obligation is only applicable to the full-scale natural gas license holders.

For more information, please consult our website:
https://www.correggionet.eu/2018/04/12/hungary-pmeg-gas/.

Categories: Hungary PMEG Gas
CN-Notification: Change in the CorreggioNET system (Romania/Power/Government Emergency Ordinance (GEO) 27/2022)
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March 24

We would like to inform you about the following change in the CorreggioNET system:

The Romanian Government adopted Government Emergency Ordinance (GEO) 27/2022 (English translation here), which entered into force on 22 March 2022, bringing the following changes to the Romanian power market starting 1 April 2022:

1) Fixed electricity price for household consumers and non-household consumers (depending on consumption level).

2) Extension of the 80% clawback mechanism to all power producers in Romania (not only RES producers as in force until 31 March 2022), for all electricity sold above 450 RON / MWh ceiling, except for new capacities commissioned as of 22 March 2022. State-owned electricity producers also have an obligation to sell to the TSO/DSOs when requested.

Note that the long-discussed wholesale transaction tax (10%) for electricity trading was NOT adopted.

For more information, please consult our Romania page on the CorreggioNET website

Categories: Romania PMEG Power
CN-Notification: Change in the CorreggioNET system (Wholesale Gas Market in Romania - Government Emergency Ordinance 27/2022)
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March 24

We would like to inform you about the following change in the CorreggioNET system:

The Romanian Government adopted Government Emergency Ordinance (GEO) 27/2022 (English translation here), which entered into force on 22 March 2022, bringing the following changes to the Romanian gas market:

1) Romanian gas producers are forced to sell gas at regulated price as follows:

  • 150 RON /MWh for household consumers and non-household consumers (up to a ceiling of 50.000 MWh)
  • 250 RON/MWh for district heating.
  • The ‘destination’ of the gas has to be respected, so it is forbidden to buy gas at regulated price and re-sell it wholesale.

2) A fixed margin has also been fixed for gas suppliers (12 RON / MWh)

3) The ‘bidding obligation on centralised markets’ for gas market participants (including wholesale traders) has been suspended by GEO 27/2022, but only for the buy-side. Therefore, ANRE Order 144/2020 continues to apply to market participants that sell natural gas on the wholesale market, who therefore still have to bid 40% of the gas quantity they deliver during the calendar year on centralised markets (on the Romanian Commodities Exchange – BRM).

4) A storage obligation is also imposed for gas suppliers, in order to ensure security of gas supply for the next winter season. The obligation is minimum 30% of the total quantity of gas consumed by the end customers in the supplier’s portfolio. The storage obligation does not affect wholesale traders, who do not supply to end consumers.

For more information, please consult our Romania page on the CorreggioNET website.

Categories: Romania PMEG Gas
Mar
23
Wed
CN-Notification: Change in the CorreggioNET system (Romania/Power/Monthly Power Report on ANRE portal)
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March 23

CorreggioNET would like to inform you that starting March 2022, the reporting forms for the monitoring of the power market have been updated by ANRE. 

The updated forms are found on the ANRE portal to which you have access based on username and password. 

Holders of the power trading license or the end-supply license have to fulfil this monthly reporting obligation to ANRE by the 25th of the month for the previous month (month M+1 for month M).

After uploading the final version of the monthly report on the ANRE portal, market participants have to send an official declaration (with registration number and signed by the legal representative) to raportari.piete@anre.ro, attesting that the monthly report has been uploaded in a complete and correct manner and specifying the upload date to the ANRE portal. For questions on filling-in the updated reporting forms, you can reach out to the ANRE experts at the same e-mail address raportari.piete@anre.ro.

For more information please consult our Romania page on CorreggioNET

You can also ask us a question at info@correggionet.eu or l.indries@correggio-consulting.eu

Categories: Romania PMEG Power
May - March 2022 May - March 2022

Recent Posts

  • New Correggio product: Pre-Market Entry Report (PMER)- GAS – Moldova – is now available
  • Correggio Briefing: Gas Storage and Security of Gas Supply in the EU
  • Correggio Briefing: Gas Storage and Security of Gas Supply in the EU
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