CHAPTER IIU.K. REFERENCE PRICE METHODOLOGIES

Article 7U.K.Choice of a reference price methodology

The reference price methodology shall comply with Article 13 of Regulation (EC) No 715/2009 and with the following requirements. It shall aim at:

(a)

enabling network users to reproduce the calculation of reference prices and their accurate forecast;

(b)

taking into account the actual costs incurred for the provision of transmission services considering the level of complexity of the transmission network;

(c)

ensuring non-discrimination and prevent undue cross-subsidisation including by taking into account the cost allocation assessments set out in Article 5;

(d)

ensuring that significant volume risk related particularly to transports across an entry-exit system is not assigned to final customers within that entry-exit system;

(e)

ensuring that the resulting reference prices do not distort cross-border trade.