Notices and Announcements Gas Markets

31/01/2025

Platform for the allocation of regasification capacity (PAR): amendments to the PAR Regulation and start of blank tests for the GNL Italia segment

GME announces that, as of today, with the publication on its website, the amendments to the Regulation of the platform for the allocation of regasification capacity (PAR) – and the updated versions of the relevant Technical Rules – will enter into force. The amendments, made in compliance with art. 3, para. 3.6 of the Regulation, introduced the following provisions for the GNL Italia segment:

with regard to auctions for capacity during the thermal year: the option to activate two parallel auction sessions through which, for each “constrained” regasification capacity slot to be allocated with a duration of 4 days, two slots can be offered simultaneously with a duration of 2 days and associated with common calendar dates, in order to maximise revenues from capacity allocations, pursuant to ARERA Resolution 339/2022/R/GAS of 19 July 2022 (hereafter: parallel auctions);
the management of auctions for the allocation of the redelivery flexibility service and of the temporary storage service referred to in art. 12 of the TIRG (hereafter: auctions for flexibility services).

All parties wishing to participate in the auctions – to be held in the above-mentioned segment of the PAR according to the timelines defined by GNL Italia S.p.A. and made known by GME – will have to acquire the status of PAR participant beforehand, in accordance with the PAR Regulation, by submitting the documents available on GME’s website at:
https://www.mercatoelettrico.org/en-us/Home/MarketAccess/Gas/RegassificationAuctions/HowParticipate/Forms

With a view to enabling participants to test the features of the parallel auctions and of the flexibility service auctions, GME will organise appropriate blank test sessions. The test sessions will take place from 4 to 7 February 2025 on the test platform, available at https://provepar.ipex.it, according to the following timetable:

for the simulation of the operation of parallel auctions, the sitting for submission of offers will be open from 09:00 to 12:00 on 4 February. Results will be published by 16:00 on the same day;
for the simulation of the operation of auctions for the allocation of the redelivery flexibility service, the sitting for submission of offers will be open from 09:00 to 14:00 on 5 February. Results will be published by 14:30 on the same day;
for the simulation of the operation of auctions for the allocation of the temporary storage service, the sitting for submission of offers will be open from 09:00 to 14:00 on 6 February. Results will be published by 14:30 on the same day;
after the blank tests carried out on 4, 5, and 6 February, additional blank tests may be carried out, if needed, on 7 February. The object and timetable of these additional tests, if any, will be communicated to participants through appropriate notices published on the homepage of the test platform.

Any change to the above-mentioned test timetable will be communicated to participants through appropriate notices on the homepage of the test platform.

Interested parties may request the credentials of access to the test platform, and any other information regarding the tests and the operation of the PAR by writing to proveGas@mercatoelettrico.org. PAR participants, instead, may access the test platform by using the same credentials as those currently used for the live platform. The data entered during the tests will not be used in any way for operational purposes on the PAR platform.