In accordance with regulatory provisions in force, Teréga has different management procedures applied where there is capacity congestion at interface points with adjacent transport networks.
- The surrender mechanism allows market makers, under certain conditions, to surrender capacities that will then be commercialized in accordance with the rules of the surrender mechanism of the capacities in force.
- Teréga’s use of UIOLI LT (Use It Or Lose It long term), where unused capacities can be reallocated in accordance with the European Commission deliberation of August 24, 2012, modifying appendix I of the Regulation (EC) No 715/2009 of the European Parliament.
- The Over Subscription and Buy-Back mechanism which allows, based on first nominations at 14:00 on Day-1, to offer more Day-Ahead firm capacity at the VIP pirineos.
- The secondary capacity market, which offers
Shippers an opportunity to exchange capacities on a bilateral basis (mutual agreement).
- Teréga’s use of UBI (Use it and Buy It), where
Shippers can make use of unused capacities on the basis of daily notifications.
Using the tool below, you can simulate the cost of the UBI for each interconnection point on the basis of current tariffs.