Capacity Booking
Capacity booking - What?
Capacity products | |||||||||||
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Yearly | Quarterly | Monthly | Daily | Within-day | |||||||
Bundled | Unbundled | Bundled | Unbundled | Bundled | Unbundled | Bundled | Unbundled | Bundled | Unbundled | ||
Frim | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
Interruptible | ✖ | Yes | ✖ | Yes | ✖ | Yes | ✖ | Yes | ✖ |
Yes* |
Capacity products | |||
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Yearly | |||
Bundled | Unbundled | ||
FIRM | Yes | Yes | |
INTERRUPTIBLE | ✖ | Yes | |
Quarterly | |||
Bundled | Unbundled | ||
FIRM | Yes | Yes | |
INTERRUPTIBLE | ✖ | Yes | |
Monthly | |||
Bundled | Unbundled | ||
FIRM | Yes | Yes | |
INTERRUPTIBLE | ✖ | Yes | |
Daily | |||
Bundled | Unbundled | ||
FIRM | Yes | Yes | |
INTERRUPTIBLE | ✖ | Yes | |
Within-day | |||
Bundled | Unbundled | ||
FIRM | Yes | Yes | |
INTERRUPTIBLE | ✖ | ✖
(exception: Beregdaróc 800) |
Bunded capacity: bounded capacity on both sides of a given interconnection point based on CAM NC (one auction, two contracts)
*The product can be booked via capacity auction for VIP Bereg HU>UA network point and via overnomination at Mosonmagyaróvár HU>AT network point and other network points, where the firm capacity is sold out.
Capacity booking - Auction calendar
The Auction calendar regarding capacity auctions between 1st March 2024 and 28th February 2025 is accessible HERE .
The capacities to be auctioned via the Regional Booking Platform are accessible in the RBP Portal in all cases.
Capacity booking - Where?
Regional Booking Platform |
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Internet-based, electronic capacacity trading platform |
Capacity allocation mechanisms regarding 459/2017/EU (CAM NC) |
Free access to network users |
Electronic certificate-based registration and access |
RBP Application: RBP securely accessible software environment |
RBP Portal: RBP internet-based openly accessible publication and information website |
Test environment of RBP Application |
Applicable rule: Operational Rules of the RBP |
Applied time zone: UTC (UTC-CET difference is in summer -2, in winter -1 hour) |
Network user connecting: by concluding the Network User Membership Agreement |
Capacity booking - When?
According to Auction Calendar |
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Legal background: ENTSO-G Auction calendar, Hungarian Gas Act, Implementation Decree of Hungarian Gas Act |
Publication of auction data: RBP Portal |
Capacity booking - How?
Via Capacity auction | |||||||||||
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Ascending Clock algorithm |
Uniform Price algorithm |
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Yearly capacity |
Quarterly capacity |
Monthly capacity |
Daily capacity |
Within-day capacity |
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Several bidding rounds:- First bidding round: 3 hours- Each additional round is 1 hour, including 1 hour break- Bidding rounds run on working days between 9.00 and 18.00 |
On bidding round: 30 minutes |
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Auctions start in the afternoonpreceding the given gas day |
Auctions start:four hours before the start of the product |
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For each bidding round, the reserve price is given in % |
Freely setting up the price, no price steps,Evaluation of bids by price, the highest price ranking first |
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Large Price Step (LPS), Small Price Step (SPS) |
It is possible to submit Minimum quantity |
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LPS is the integer multiple of SPS |
Network User may submit 10 bids as a maximum |
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Purpose of LPS is to shorten the auction processPurpose of SPS is to maximize sold capacity |
Clearing price: the price of lowest successful bid |
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Further info: CAM NC, Operational Rules of RBP |
Via Capacity auction | |||||||||||
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Ascending Clock algorithm | |||||||||||
Yearly capacity | Quarterly capacity | Monthly capacity | |||||||||
Several bidding rounds: - First bidding round: 3 hours - Each additional round is 1 hour, including 1 hour break - Bidding rounds run on working days between 9.00 and 18.00 |
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For each bidding round, the reserve price is given in % | |||||||||||
Large Price Step (LPS), Small Price Step (SPS) | |||||||||||
Purpose of LPS is to shorten the auction process Purpose of SPS is to maximize sold capacity |
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Uniform Price algorithm | |||||||||||
Daily capacity | Within-day capacity | ||||||||||
On bidding round: 30 minutes | |||||||||||
Auctions start in the afternoon preceding the given gas day |
Auctions start: four hours before the start of the product |
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Freely setting up the price, no price steps, Evaluation of bids by price, the highest price ranking first |
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It is possible to submit Minimum quantity | |||||||||||
Network User may submit 10 bids as a maximum | |||||||||||
Clearing price: the price of lowest successful bid | |||||||||||
Further info: CAM NC, Operational Rules of RBP |
Capacity booking - At what cost?
At capacity fee optional auction fee |
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Tariffs and fees 2024 |
Tariff calculator from 1 October 2024 |
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Clearing fee = reserve price (tariff) + auction fee (in case of oversubscription) |
Other fees related to using of capacities |
Capacity booking - Under what conditions?
Conditions of auction participation | |||||||||
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Proper financial background. General information about securities: Risk management systemFor gas year 2024/2025: Security calculator for yearly capacities, Security calculator - quarterly |
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Contractual background: RBP Registration, Network User Membership Agreement, Network Usage Framework Contract, till 15.00 2 working days prior to the given auction (IP and RBP registration) Signing of Amendement No. 1 of the Network User Membership Agreement in the case of a planned transaction at the Mosonmagyaróvár interconnecton point |
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Submission of trading licence or limited trading licence issued by the Hungarian Energy and Public Utility Regulatory Authority (MEKH) till 15.00 2 working days prior to the given auction | or | Declaration in case of transit through Hungary or in case of stroage in the underground gas storage facility - point II.5.6.2.(d) of BC | |||||||
Obtaining clearing membership and clearing right at KELER CCP |
Capacity booking - Cases of capacity modification
RBP | IP |
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Bilateral transactions:
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Customer migration:
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Capacity market transactions:
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Capacity transfer:
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Result of CMP:
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Result of CMP:
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Capacity conversion:
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Capacity booking - Cases of special capacity booking
Overnomination |
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At cross border and storage points |
Transaction resulting interruptible within-day capacity booking |
Where: Informatic Platform |
10 million HUF financial limit as a minimum |
Incremental capacity auction |
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A process that leads to capacity booking for a non-existent facility through standard CAM NC auctions. |
Info: kap@fgsz.hu |