United Kingdom

Modified on: Mon, 25 Nov, 2019 at 10:37 AM

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Interconnector

Trade settings

1. Minimum Trade Runtime Period
Minimum transportation period of a trade
hour(s) 1
2. Trade Validation Period (Assignment)
Period in which the TSO has to approve/reject a Trade for capacity assignment
Assignment not allowed,
but validation period set at 15 working days
3. Trade Validation Period (Transfer of Use)
Period in which the TSO has to approve/reject a Trade for capacity transfer of use
hour(s) 1
4. Credit Limit Check
Does the TSO require a Credit Limit Check?
disabled
5. Bundling of Unbundled Contracts
Are Shippers allowed to "combine" two underlying deals to a bundled trade proposal?
supported
6. Trader Lists
Are Trader Lists supported by the TSO?
supported

 

Anonymous trading

7. Completely Anonymous Trading
Is completely anonymous trading allowed at the grid points of the TSO?
-
8. Publication of Price Information
Will the price (shipper to shipper) of unbundled Trades be published?
-

 

Underlying Deal Sources

9. Sources for Underlying Deals
Which sources for underlying deals can the Initiating Shipper choose from, when creating a Trade Proposal?
Primary Deal, Manual (mandatory)


Trading Procedures

10. Trading Procedures
Which Trading Procedures are allowed at the grid points of the respective TSO?
Over The Counter, 
First Committed First Served (FCFS) - sell, 
First Committed First Served (FCFS) - buy, 
Call For Orders (CFO) - sell, 
Call For Orders (CFO) - buy 


Transaction Types

11. Assignment
Does the TSO offer capacity assignments?
not supported
12. Transfer of Use
Does the TSO offer capacity Transfer of Use?
supported


Flexible Lead times

13. Lead Time (Assignment)
Lead Time in days/hours for a certain Trade Runtime (e.g. less than 1 day)
N/A
14. Lead Time open end rule (Assignment)**
(more lead times can be added if necessary)
N/A
15. Lead Time (Transfer of Use)
Lead Time in days/hours for a certain Trade Runtime (e.g. less than 1 day)
3 hours
16. Lead Time open end rule (Transfer of Use)**
(more lead times can be added if necessary)
3 hours 


** the open end rule applies to all Trade runtimes not mentioned

*min = latest Trade Proposal expiration time

*max = earliest Trade Proposal submission time



National Grid

Trade settings

1. Minimum Trade Runtime Period
Minimum transportation period of a trade
hour(s) 1
2. Trade Validation Period (Assignment)
Period in which the TSO has to approve/reject a Trade for capacity assignment
0 DAY
3. Trade Validation Period (Transfer of Use)
Period in which the TSO has to approve/reject a Trade for capacity transfer of use
hour(s) 2
4. Credit Limit Check
Does the TSO require a Credit Limit Check?
enabled
5. Bundling of Unbundled Contracts
Are Shippers allowed to "combine" two underlying deals to a bundled trade proposal?
not supported
6. Trader Lists
Are Trader Lists supported by the TSO?
not supported

 

Anonymous trading

7. Completely Anonymous Trading
Is completely anonymous trading allowed at the grid points of the TSO?
disabled
8. Publication of Price Information
Will the price (shipper to shipper) of unbundled Trades be published?
not supported

 

Underlying Deal Sources

9. Sources for Underlying Deals
Which sources for underlying deals can the Initiating Shipper choose from, when creating a Trade Proposal?
Primary Deal,external, Manual (mandatory)


Trading Procedures

10. Trading Procedures
Which Trading Procedures are allowed at the grid points of the respective TSO?
Over The Counter


Transaction Types

11. Assignment
Does the TSO offer capacity assignments?
not supported
12. Transfer of Use
Does the TSO offer capacity Transfer of Use?
supported


Flexible Lead times

13. Lead Time (Assignment)
Lead Time in days/hours for a certain Trade Runtime (e.g. less than 1 day)
N/A
14. Lead Time open end rule (Assignment)**
(more lead times can be added if necessary)
N/A
15. Lead Time (Transfer of Use)
Lead Time in days/hours for a certain Trade Runtime (e.g. less than 1 day)
-
16. Lead Time open end rule (Transfer of Use)**
(more lead times can be added if necessary)
3 hours 


** the open end rule applies to all Trade runtimes not mentioned

*min = latest Trade Proposal expiration time

*max = earliest Trade Proposal submission time



Premier Transmission Limited

Trade settings

1. Minimum Trade Runtime Period
Minimum transportation period of a trade
hour(s) 1
2. Trade Validation Period (Assignment)
Period in which the TSO has to approve/reject a Trade for capacity assignment

3. Trade Validation Period (Transfer of Use)
Period in which the TSO has to approve/reject a Trade for capacity transfer of use
hour(s) 1
4. Credit Limit Check
Does the TSO require a Credit Limit Check?
enabled
5. Bundling of Unbundled Contracts
Are Shippers allowed to "combine" two underlying deals to a bundled trade proposal?
not supported
6. Trader Lists
Are Trader Lists supported by the TSO?
supported

 

Anonymous trading

7. Completely Anonymous Trading
Is completely anonymous trading allowed at the grid points of the TSO?
not supported
8. Publication of Price Information
Will the price (shipper to shipper) of unbundled Trades be published?
not supported

 

Underlying Deal Sources

9. Sources for Underlying Deals
Which sources for underlying deals can the Initiating Shipper choose from, when creating a Trade Proposal?
Primary Deal, Secondary Trades, External Deal, Manual


Trading Procedures

10. Trading Procedures
Which Trading Procedures are allowed at the grid points of the respective TSO?
Over The Counter


Transaction Types

11. Assignment
Does the TSO offer capacity assignments?
not supported
12. Transfer of Use
Does the TSO offer capacity Transfer of Use?
supported


Flexible Lead times

13. Lead Time (Assignment)
Lead Time in days/hours for a certain Trade Runtime (e.g. less than 1 day)

14. Lead Time open end rule (Assignment)**
(more lead times can be added if necessary)

15. Lead Time (Transfer of Use)
Lead Time in days/hours for a certain Trade Runtime (e.g. less than 1 day)
03:00 on the day of IP capacity transfer
16. Lead Time open end rule (Transfer of Use)**
(more lead times can be added if necessary)


** the open end rule applies to all Trade runtimes not mentioned

*min = latest Trade Proposal expiration time

*max = earliest Trade Proposal submission time



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