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Binding Phase of the Market Test – Timing Update

04 June 2020

Baar, Switzerland. The three transmission system operators – Trans Adriatic Pipeline (TAP) AG, Snam Rete Gas (SRG) and DESFA (hereinafter collectively referred to as the “TSOs”) – announce that the binding bidding phase of the ongoing market test would take place in July 2021. 

The joint consultation on the draft project proposal published on 20 January 2020 provided an indicative timing (January 2021) for the binding bidding phase. Given the recent market conditions, the TSOs would like to allow more time for energy markets to recover.

Relevant information for participation will be published on the TSOs’ corporate websites in due course, at least two months prior to the start of the binding bidding phase.

Please note that final details will be provided in the project proposal.