GAZ-SYSTEM S.A. presented its capacity auction platform during the 16th meeting of the GAS REGIONAL INITIATIVE – SOUTH SOUTH-EAST, which was held in Warsaw on 27 May 2014. In preparing to implement the requirements of the European Network Code on Capacity Allocation Mechanisms (NC CAM), GAZ-SYSTEM S.A. has accepted an auction mechanism in its Transmission Network Code as the main, transparent and objective method of allocating capacity at points of interconnect. GAZ-SYSTEM S.A. has successfully conducted more than 60 auctions of quarterly and monthly products since November 2013. The auctions to date were conducted through the Information Interchange System (IIS), which has almost 500 registered users. The new requirements introduced by the NC CAM and the lack of cost-effective solutions on the market were among the reasons for GAZ-SYSTEM S.A. developing the IT solutions used to date. Therefore, the existing IT solution was adapted at the beginning of June 2014 to be able to:
• offer capacity-related auctions (in two adjacent systems),
• offer capacity auctions to other European transmission system operators,
Development work is being conducted in parallel to ensure full compliance of the auction platform with the requirements of NC CAM by the end of 2014. The GAZ-SYSTEM S.A. platform is a solution addressed to European transmission network operators, who, in accordance with the NC CAM, should choose which capacity allocation tools they will want to use from 1 November 2015.  GAZ-SYSTEM S.A. is currently holding negotiations on conducting cost-free pilot capacity allocation projects jointly with other Operators. “We are convinced that the GAZ-SYSTEM S.A. platform is a solution which – no less than the physical extension of transmission corridors – contributes to the emergence of new, interesting business synergies, as well as improving the security and flexibility of natural gas transmission in Europe, at a rational cost level,” – said Jan Chadam, President of the Management Board of GAZ-SYSTEM S.A.