AUCTION-OFFICE

Participation

For the participation in the yearly and monthly auctions for the reservation of the transmission capacities between Austria and Italy please use the registration form

How the capacities are auctioned:
Please find the information about reserving the capacities under Auction Procedure.

General requirements for the use of reserved capacity acquired in the course of an auction

For using capacities allocated in auctions the PTR holders must have a:

  • recognition by the Austrian regulatory authority as representative of a balance group or a membership of a recognized Austrian balance group.
  • signed dispatching contract in Italy and be familiar with the congestion management rules on the Italien interconnection issued by TERNA and published on TERNA website

In case the Auction Participant is a member of a balance group he shall submit the written acknowledgement of the representative of the balance group wherein the representative of the balance group commits itself to handle the corresponding cross border program (please see Attachment III-7 and also APPENDIX III of the Auction Rules).

Transfer of allocated capacities

Characteristics of PTR Transfer (Art. 6.01 a)
The conduction of Transfers is IT based. Any submission of Transfer Notification is done via the Auction Tool. The deadline for PTR transfers submission is two days (D-2) 12:00 before the usage of the PTRs.

Financial Arrangements (Art. 6.01 b.)
Transfer of PTRs is allowed if all liabilities resulting from the auction of PTR, that is subject of Transfer, have been settled by Transferor. If a PTR Holder needs to anticipate payments for PTRs assigned in the Yearly Auction in order to execute a Transfer, he has to inform the Auction Operator in writing about this payment. The Auction Operator hereafter activates the invoice procedure in line with the request.

Transfer Notification (Art. 6.01 c)
The process described in Article 6.01 c of the Auction Rules do not apply to Transfers of PTRs assigned in the direction Austria to Italy. A PTR Holder willing to execute a Transfer has to access the Auction Tool and follow the instructions
regarding Transfer as set out in the Attachment III-2.

More details:

© 2007 RIECADO

Alsbachstraße 14-16, A-1090 Wien
Tel: 0043- 1-2537272-90, Fax: 0043- 1-2537272-96
www.auction-office.at