Fluxys Belgium SA Class D · EURONEXT:FLUX
Fluxys Belgium SA Class D — Corporate Update (March 2017)
42 slides from Fluxys Belgium SA Class D's corporate update, Mar 9, 2017
Slide 1: Info Session
INFO SESSION 9 March 2017 | 14:30 – 17:00 0 Fluxys Belgium non-binding document for discussion & information purposes only
Slide 2: Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
1 Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
Slide 3: Agenda
Agenda Introduction 1. IP Services changes 2. Hub Services changes Coffee Break 3. Domestic Services changes Closing 2 Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
Slide 4: Planning
PLANNING 2016 2017 Dec Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec HSA to • HUB Revamp Contractual transition STA • VIP BE-FR • CAM 2.0 (incl. INC) Consult. Start of Start of • INT NC - CNOT compliancy CREG Imb. 22 Conver. Pooling • ATRIAS impact 23/2 • Technical improvements Start of VIP Cons
Slide 5: Agenda
Agenda Introduction 1. IP Services changes − VIP FR-BE − CAM NC 2.0 − INT NC 2. Hub Services changes Coffee Break 3. Domestic Services changes Closing 4 Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
Slide 6: VIP – Model & Products on VIP FR-BE
VIP – MODEL & PRODUCTS ON VIP FR-BE MODEL • All H-points linking ZTP-PEG-N will be grouped in a H-VIP. DNK LNG TML ALV (DKB) is out of scope*. L-IP untouched. VIP • New H-VIP point will replace Blaregnies Troll/Segeo and Alveringem. QUE SEG Existing IP’s will disappear. All existing contracts will b
Slide 7: Tariffs for current H-gas and VIP H-gas
TARIFF (IN €/kWh/h/Y) NO CHANGE * ENTRY FIRM INTERRUPTIBLE BACKHAUL OCUC to Zeebrugge Alveringem 0,767 0,614 1,474 Current H-gas Blaregnies Segeo 0,614 1,474 Blaregnies Troll 0,614 1,474 EXIT FIRM INTERRUPTIBLE BACKHAUL Alveringem 1,346 Blaregnies Segeo 1,682 1,346 Blaregnies Troll 1,682 1,346 ENTRY
Slide 8: VIP - Limited Changes to Regulatory Documents
VIP - LIMITED CHANGES TO REG. DOCUMENTS Defintions − “Interconnection Point” shall mean a Connection Point linking the Fluxys’ Transmission Grid with the transmission grid of an Adjacent TSO or with an Installation, including Zeebrugge Beach. No changes needed in STA. − “Connection Point” or “Point”
Slide 9: CAM 2.0 > Limited Impact to Schedule of Quarterly Auctions
CAM 2.0* > LIMITED IMPACT TO SCHEDULE OF QUARTERLY AUCTIONS TODAY CHANGES IN ACT – ATT. B • One auction day with four concurrent auctions (one for each quarter of the upcoming gas year). • Auction date: first Monday of June CAM2.0 – next quarterly auction on 1th Monday of August 2017 Four auction da
Slide 10: CAM 2.0 > Incremental Capacity Process
CAM 2.0 > INCREMENTAL CAPACITY PROCESS Process is run every odd year • Jointly carried out by all TSOs at both sides of concerned IPs Starts with a Demand Assessment Report • Analysis non-binding request, but also auction results or (TY)NDP information • Concluding on the need – or not – to proceed
Slide 11: INT NC – Art. 24 – CNOTs
INT NC – ART. 24 – CNOTS In accordance with INT NC, ENTSOG published the CNOTs (in Nov 2016) According to our analysis, Fluxys BE is compliant on all aspects but 2 Information Flow From Party Role Value To Party Role Value Confidentia Common Data Fluxys Implementation Compliance Remarks lity Level E
Slide 12: Surrender - Edig@s Messages Will Be Implemented
SURRENDER - EDIG@S MESSAGES WILL BE IMPLEMENTED • SURRENDER: • Grid User will receive an edig@s message with the quantity of capacity which has been sold within its surrendered capacity (commercialised by Fluxys BE) • Proposal to modify our ACT – Attach E - Chap. 2.2.4: 11 Fluxys Belgium non-binding
Slide 13: Interruptions – Edig@s Messages Will Be Implemented
INTERRUPTIONS – EDIG@S MESSAGES WILL BE IMPLEMENTED • INTERRUPTIONS: • In case of interruption, Grid User will receive an edig@s message with the quantity which has been interrupted (a reduced NOMRES (TDT) is also still sent) • In our ACT – Attach C1 - Chap. 4.1.2, proposal to replace the TSO Interr
Slide 14: Summary of Changes wrt IP Services
SUMMARY OF CHANGES WRT IP SERVICES STA – No Changes ACT ATT. A • Addition of VIP FR-BE in table with Capacity Types on offer for the different points. • Addition of a mapping table to link Blaregnies Segeo, Blaregnies Troll and Alveringem with the virtual Interconnection Point • Note that backhaul w
Slide 15: Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
14 Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
Slide 16: Agenda
Agenda Introduction 1. IP Services changes 2. Hub Services changes Coffee Break 3. Domestic Services changes Closing 15 Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
Slide 17: Trading Services: As Is
TRADING SERVICES : AS IS ZeeBeach (physical hub) ZTP (notional hub) • IN = OUT principle: no imbalance allowed • IN ≠ OUT principle: imbalance allowed • In case of mismatch between two traders : “Revert to last • In case of mismatch between two traders : “Lesser of rule” match” in case of previous m
Slide 18: Trading Services: To Be (1/4)
TRADING SERVICES : TO BE (1/4) Convergence of ZTP notional and physical trading services harmonization of principles ZTP physical trading services • Discontinuation IN = OUT principle: imbalance allowed • Discontinue all specific ZTP Physical Trading Services (Back-up, Offtake, Hubrounding) • In cas
Slide 19: Trading Services: To Be (2/4)
TRADING SERVICES : TO BE (2/4) ZZ2 ZZ1 ZVL LHT ZPT Zeebrugge Imbalance Transfer Service GRA LNG • Any imbalance at ZTP Physical Trading Services will be BeLux automatically transferred on a hourly basis to/from the Grid User EYN1 IZT ZTP Balancing Position (GBP) in BeLux H-Zone Notional EYN2 • Using
Slide 20: Trading Services: To Be (3/4)
TRADING SERVICES : TO BE (3/4) • Optimization for shipper due to the standardization of the trading services aligned on EU standards: • Utilization of “lesser-of-rule” principle • Abolition of automatic back-up and offtake event fees • No longer specific financial guarantee for back-up services for
Slide 21: ZTP Physical and Notional Trading Services
ZTP PHYSICAL AND NOTIONAL TRADING SERVICES ZEE Beach Physical Trading ZTP Notional ZTP ZTP Trading Physical Notional IN = OUT Trading Trading Market balancing Imbalance transfer service Coupling of Physical trading with ZTP notional trading by automatic transfer of imbalances to ZTP account: physica
Slide 22: Main Modifications in Documents
MAIN MODIFICATIONS IN DOCUMENTS Entry into force of the convergence of ZTP Physical and Notional Trading Services: 1 October 2017 Standard Transmission Agreement: • 14.2 Modification amount of the collateral no longer financial guarantee for additional back-up services • Glossary: − Zeebrugge Beach
Slide 23: Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
22 Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
Slide 24: Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
23 Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
Slide 25: Agenda
Agenda Introduction 1. IP Services changes 2. Hub Services changes Coffee Break 3. Domestic Services changes − Atrias implementation Closing 24 Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
Slide 26: ATRIAS and MIG 6 for Fluxys and Shippers
ATRIAS AND MIG 6 FOR FLUXYS AND SHIPPERS • What? ATRIAS = Common clearing house for all DSO MIG 6 = New communication standard and settlement method • Why? Prepare for introduction of Smart Meters Simplification of calculation methods In line with CREG decision (B)140123-CDC-1300 • When? Migration p
Slide 27: Customer Segments under MIG 6
CUSTOMER SEGMENTS UNDER MIG 6 Old customer segments no longer compatible with MIG6 5 new end user types: New MRC AMR EAV segments SMR3 RMV EMV • Telemetered end user 1. “AMR”: Idem as S30 (MIG4) Old S30 S41 S31 S32 segments • Two end user types “SmartMeter”: 2. Smart Meter Regime 3 “SMR3”: » Hourly
Slide 28: Commodity Allocation – SLP Replaced by RLP0N Profile
COMMODITY ALLOCATION – “SLP” REPLACED BY “RLP0N” PROFILE SLP (Single Load Profile): • Cancellation of SLP’s, considering all end users have same offtake profiles New profile RLP0N : • Objective: keeping analogy with existing SLP model in terms of portfolio, annual standardized volume, … • Applicable
Slide 29: Provisional Commodity Allocation
PROVISIONAL COMMODITY ALLOCATION Telemetered part AMR No difference with current system - Consumptions transmitted at H+1 by DSO Non telemetered part Before the month, Fluxys receives from DSO the portfolios per shipper based on: • the standard yearly gas consumption of same month of last year for:
Slide 30: Commodity Allocation M+1 - Infeed per ARS
1/12/2016 2/12/2016 3/12/2016 29 4/12/2016 5/12/2016 6/12/2016 7/12/2016 8/12/2016 9/12/2016 10/12/2016 11/12/2016 12/12/2016 13/12/2016 14/12/2016 15/12/2016 16/12/2016 17/12/2016 18/12/2016 19/12/2016 20/12/2016 21/12/2016 22/12/2016 23/12/2016 24/12/2016 25/12/2016 26/12/2016 27/12/2016 28/12/201
Slide 31: Commodity Allocation M+1 – AMR
1/12/2016 2/12/2016 3/12/2016 30 4/12/2016 5/12/2016 6/12/2016 7/12/2016 8/12/2016 9/12/2016 10/12/2016 11/12/2016 12/12/2016 13/12/2016 14/12/2016 15/12/2016 16/12/2016 AMR 17/12/2016 18/12/2016 19/12/2016 20/12/2016 21/12/2016 22/12/2016 23/12/2016 24/12/2016 25/12/2016 26/12/2016 27/12/2016 28/12
Slide 32: Commodity Allocation M+1 – SMR3
1/12/2016 2/12/2016 3/12/2016 31 4/12/2016 5/12/2016 6/12/2016 7/12/2016 8/12/2016 9/12/2016 10/12/2016 11/12/2016 12/12/2016 13/12/2016 14/12/2016 15/12/2016 16/12/2016 AMR SMR3 17/12/2016 18/12/2016 19/12/2016 20/12/2016 21/12/2016 22/12/2016 23/12/2016 24/12/2016 25/12/2016 26/12/2016 27/12/2016
Slide 33: Commodity Allocation M+1 – RMV
COMMODITY ALLOCATION M+1 – “RMV” Infeed RLPO • Exact monthly data registered by RLP1 smart meter − Exact allocation calculation since counter registration from 1st to 1st AMR at 06h00 (advantage of Smart SMR3 Meter). No residue volume to reallocate. RMV • Spread over hours based on RLP1 curve 1/12/2
Slide 34: Commodity Allocation M+1 – EMV & EAV – Step 1
COMMODITY ALLOCATION M+1 – “EMV” & “EAV” – STEP 1 Infeed RLPO • Estimated monthly consumptions: RLP1 − Correction required for counter registration of EMV AMR − Correction of annual standardized SMR3 volume for EAV to determine Standard Year Consumption RMV • Monthly consumptions spread over hours b
Slide 35: Commodity Allocation M+1 – EMV & EAV – Step 2
COMMODITY ALLOCATION M+1 – “EMV” & “EAV” – STEP 2 Infeed RLPO • Non-allocated commodity or RLP1 “Residue” remains • Residue is spread over profiled AMR clients with monthly and yearly SMR3 index registration (EMV / EAV) RMV Residue EMV EAV 1/12/2016 2/12/2016 3/12/2016 4/12/2016 5/12/2016 6/12/2016
Slide 36: Implicit Allocation Based on Data Provided by DSO
IMPLICIT ALLOCATION BASED ON DATA PROVIDED BY DSO Current system (MIG4) New System (MIG6) 1. Yearly calculation of Distribution Capacity DC 1. Yearly calculation of Distribution Capacity DC based on Q-11°C based on Q-11°C 2. Yearly distribution of DC based on the Final 2. Yearly distribution of DC b
Slide 37: Key Characteristics of Implicit Allocation System
KEY CHARACTERISTICS OF IMPLICIT ALLOCATION SYSTEM Mean allocations 1• Total peak capacity (Q-11) fully allocated every month Tariff Q-11 reference 1 (same as today) 4 2• Application of 3 standard segments TP reference • AMR, EAV, MRC (SMR3, RMV and EMV) 3• Capacity allocation between shippers by seg
Slide 38: Key Characteristics of Implicit Allocation System: Monthly Allocation
KEY CHARACTERISTICS OF IMPLICIT ALLOCATION SYSTEM 2 3 4 Monthly Allocation Once a year of Transmission Application determination of Services per x of = Monthly Aggregated Q-11 Customer Segment domestic Invoice by segment per Grid User on exit tariff €/month ARS Level kWh/h Based on 1 EAV validated E
Slide 39: Implicit Capacity Allocation – Estimation Factors
IMPLICIT CAPACITY ALLOCATION – ESTIMATION FACTORS Distribution Capacity allocated using definitive Energy Allocation and can therefore only be computed and communicated after the month (M+3) Indicative estimation factors: allow Grid Users to estimate themselves the monthly Distribution Capacity: • O
Slide 40: Main Modifications in Documents
MAIN MODIFICATIONS IN DOCUMENTS Standard Transmission Agreement: / Access Code: • Attachment B: − 3.6.1 Implicit allocation of Services at Distribution Domestic Exit Points − Contains now the existing, the new and the eventual transitory (implicit) capacity allocation mechanism • Attachment C1 − 6.1
Slide 41: Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
40 Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017
Slide 42: Thank You for Your Attention!
THANK YOU FOR YOUR ATTENTION! 41 Fluxys Belgium non-binding document for discussion & information purposes only 9 March 2017