From the very beginning of 2020, Finland is following the gas regulations of the European Commission as the Finnish gas market was opened up to competition. One key regulation is the Network Code on harmonised transmission tariff structures for gas (TAR NC). The TAR NC imposes an obligation to consult on the reference price methodology (RPM) used in tariff setting.

Please find the consultation material here.

Before the final tariffs for 2021 can be set, the Energy Authority shall approve the RPM according to the following schedule:

The consultation includes, inter alia: a description of the proposed reference price methodology and a comparison of the indicative reference prices (tariff of annual product) of postage stamp methodology and capacity weighted distance (CWD) methodology, preliminary information on TSO’s allowed revenue for 2021, commodity tariff estimates and non-transmission tariff estimates.

ACER shall analyze the content of the consultation document considering the inclusion of TAR NC Article 26 requirements, and shall publish its analysis no later than two months after the end of the consultation. Taking into account the analysis of ACER and the market paricipants’ opinions received, the Energy Authority will make a final decision on the Reference Price Methodology to be applied in Finland. The decision will be made by 1^st October 2020.

Gasgrid Finland invites all interested parties to submit comments and proposals for this consultation document by e-mail to the e-mail addresses commercial@gasgrid.fi and kirjaamo@energiavirasto.fi by 23.59 (EEST) on 1 June 2020.