Saturday, April 20, 2024
HomeOil & GasPolish energy regulator approves incremental capacity project between Poland and Ukraine
Powered by

Polish energy regulator approves incremental capacity project between Poland and Ukraine

The President of the Polish Energy Regulatory Office (ERO) Rafał Gawin has approved GAZ-SYSTEM’s (the Polish gas transmission operator) incremental capacity project between Poland and Ukraine, the Polish operator reported on Tuesday (2 May).

This decision constitutes the “basis” for an incremental capacity auction at the GAZ-SYSTEM/TSO UA GCP interconnection point, GAZ-SYSTEM said. The auction will be held later this year (3 July) on the GSA Platform (European trading platform).

The project that had been submitted for approval followed a 2021 non-binding market demand research for incremental capacity at the GAZ-SYSTEM/TSOUA interconnection point.

The President of ERO said that the project proposal submitted by GAZ-SYSTEM met all the substantive requirements under Article 28 (1) of Regulation (EU) 2017/459 (NC CAM) for the approval of the incremental capacity project.

Following the operators’ technical and economic analyses as well as market consultations of the draft project proposal, GAZ-SYSTEM submitted the incremental capacity project application in November 2022. Gas Transmission System Operator of Ukraine (GTSOU) submitted an equivalent application and subsequently received approval from the Ukrainian National Energy and Utilities Regulatory Commission (NEURC).

Sign up for our newsletters

    Monthly newsletter – Delivering the most important energy stories of the month selected by our Editor-in-chief
    Weekly Oil&Gas roundup - All major news about the oil and gas industry, LNG developments, the upscaling of new gases and related EU regulations arriving in your mailbox every Monday.
    Weekly Renewables&Climate roundup - All major news about investments in renewable energy sources, environment protection, green hydrogen and new innovative ways to tackle the climate crisis arriving in your mailbox every Tuesday.

    Most Popular