Commission Regulation (EU) 2017/460Show full title

Article 29 U.K. Information to be published before the annual yearly capacity auction

For interconnection points and, where the national regulatory authority takes a decision to apply Regulation (EU) 2017/459, points other than interconnection points, the following information shall be published before the annual yearly capacity auction in accordance with the requirements set out in Articles 31 and 32 by the national regulatory authority or the transmission system operator(s), as decided by the national regulatory authority:

(a)

for standard capacity products for firm capacity:

(i)

the reserve prices applicable until at least the end of the gas year beginning after the annual yearly capacity auction;

(ii)

the multipliers and seasonal factors applied to reserve prices for non-yearly standard capacity products;

(iii)

the justification of the national regulatory authority for the level of multipliers;

(iv)

where seasonal factors are applied, the justification for their application.

(b)

for standard capacity products for interruptible capacity:

(i)

the reserve prices applicable until at least the end of the gas year beginning after the annual yearly capacity auction;

(ii)

an assessment of the probability of interruption including:

(1)

the list of all types of standard capacity products for interruptible capacity offered including the respective probability of interruption and the level of discount applied;

(2)

the explanation of how the probability of interruption is calculated for each type of product referred to in point (1);

(3)

the historical or forecasted data, or both, used for the estimation of the probability of interruption referred to in point (2).