On 1 July 2024, the Transmission System Operators of Poland (GAZ-SYSTEM) and Ukraine (LLC „Gas Transmission System Operator of Ukraine”) conducted the bundled incremental capacity auction on both sides of the interconnection point at the border of Polish and Ukrainian markets at GCP GAZ-SYSTEM/UA TSO.
In the annual auction, no amount of abovementioned incremental capacity was booked by any market participant, therefore, the outcome of the economic test was negative on both sides of the interconnection point at Polish-Ukrainian border.
According to Article 22(3) of CAM NC, in case no offer level results in a positive outcome of the economic test, the specific incremental capacity process shall be terminated.
The procedure was carried out in accordance with the Commission Regulation of 16 March 2017 (EU) 2017/459 establishing the Network Code on capcity allocation mechanisms in gas transmission systems and repealing Regulation (EU) No 984/2013 (CAM NC) and on the basis of the applications for the incremental capacity project approval by decisions of the respective national regulatory authorities (decision of the President of the Polish Energy Regulatory Office No. DRR.WRG.745.1.2024.MJS of 26 April 2024 for Poland, and decision of the Ukrainian Energy Regulatory Office No 829 of 30 April 2024 for Ukraine).
