Consultation On Implementation Of Network Code On Harmonised Transmission Tariffs

EU Regulation 2017/460 (16 March 2017) has established a network code on harmonised transmission tariff structures (TAR NC). It defines, among other provisions, rules on reference price methodologies, publication and consultation requirements and the calculation of reserve prices for standardised-capacity products. Articles 26 and 28 require the national regulatory authority (NRA) or transmission system operators to carry out one or more consultations on the proposed reference price methodology and the resulting indicative reference prices as well as on the proposed discounts, multipliers and seasonal factors.

NRAs must be open for consultation at least once (the final consultation) but have the option to consult multiple times. Consultations must be open for comments for at least two months after the consultation document is published. The whole consultation process must be concluded no later than 31 May 2019. Within two months after the end of the final