2021 Market test
2021 Market Test
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Non-Binding Phase
On 12 July 2021, TAP invited stakeholders and interested parties to participate in the non-binding phase of the 2021 market test, by requesting specific documentation in a structured timeframe. Links to this information, as well as the capacity allocation mechanism network code, and the incremental capacity procedures for Snam Rete Gas and DESFA, are available below.
Other relevant contact details:
- ICGB: office@icgb.eu
- Albgaz: info@albgaz.al
TAP accepted non-binding demand indications until 6 September 2021.
The demand assessment phase of the 2021 Market Test ended on 25 October 2021 with the publication of the Demand Assessment Report, prepared jointly by TAP, SRG and DESFA. The report is available below.
On 18 January 2022, TAP, SRG and DESFA opened a public consultation on the draft project proposal, in accordance with the provisions of Article 27 of the Commission Regulation (EU) 2017/459 (CAM Network Code) and adhering to the guidelines for TAP’s 2021 market test. The joint public consultation ended on 18 March 2022. The draft project proposal for the 2021 Market Test is available below (click Phase one downloads).
Trans Adriatic Pipeline AG (TAP), Snam Rete Gas (SRG) and DESFA, submitted to the National Regulatory Authorities of Greece, Italy and Albania, a Project Proposal for an incremental capacity project, in accordance with Regulation (EU) 2017/459 (CAM Network Code) – you can find the document under Phase one downloads below.
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First Binding Phase
Joint statement of TAP, SRG & DESFA about the incremental capacity process 2021
Following feedback received during the public consultation and the recent gas market developments, TAP, SRG and DESFA intend to propose a first binding phase in November 2022 and, eventually, a second binding phase in 2023, in order to complete the allocation of all the offer levels. Further details will be published in due time.
On 14 November 2022, TAP, together with SRG and DESFA, have opened the first Binding Phase of the 2021 Market Test. This started with the Information Phase launched on 14 November and continued to a Binding Bidding Window in January 2023. Please see details on the timeline and on the procedure for participation in the documents published under “Phase two downloads”.
Clarification regarding the Project Proposal published on 14 November 2022 (Project Proposal)
Further to enquiries received, TAP wishes to clarify that, consistent with the principles for Alternative Allocation Mechanisms under the CAM NC, a Participant shall be allowed to request in their bid that the same bid is conditional upon another Participant being allocated an equal amount of capacity at another Entry/Exit Point.
In this case, if and to the extent TAP curtails the capacity of the other Participant in accordance with the allocation rules in the Project Proposal, TAP shall also curtail capacity from the former Participant.
For the avoidance of doubt, please note that TAP shall not take into account the NPV of both (above) bids when ranking the bids during the EVT evaluation, which, according to the Project Proposal, is only possible for a “Linked Bid” as defined in the Project Proposal, which requires that the Linked Bids are made by the same Participant.
Further to enquiries received, TAP also wishes to clarify that legal entities belonging to the same group of companies and therefore being able to be considered as part of the same business undertaking for the purpose of the Project Proposal (as confirmed to TAP by those entities), may be considered as the same Participant for the purpose of submitting Linked Bids as provided in the Project Proposal, provided that both such entities indicate in their Binding Bid Forms that they wish their bids to be Linked Bids with the bid of the other entity.
Further to enquiries received, TAP wishes to clarify that the hard copies of the Binding Bid Form and accompanying documentation (as listed in the market test documentation) may also be sent to TAP by post or courier promptly following the end of the Bid Submission Window but no later than 25th of January 2023 (end of bid evaluation period), provided that the electronic submission is duly and timely made. TAP reserves the right to reject bids, if the hard copies submission does not comply with the electronic one.
Outcome of the first Binding Phase of the 2021 Incremental Capacity Process for TAP, SRG and DESFA
TAP, SRG and DESFA would like to confirm that the first binding phase of the 2021 Market Test has been concluded. The binding bids received during the Bid Submission Window have passed Economic Viability Tests of TAP, SRG and DESFA.
On this basis, TAP will proceed with the first level of Expansion, as per the Project Proposal for the 2021 Incremental Capacity Process.
Capacity is allocated as indicated in the table below:
Aggregate capacity allocated in the first Binding Phase of the 2021 Incremental Capacity Process, in accordance with the Project Proposal published by TAP, SRG and DESFA on 14 November 2022 (kWh/day)
Interconnection Points Exit DESFA Entry TAP Exit TAP Entry SRG Period Kipoi 32,829,131 1 January 2026 - 31 December 2028 Nea Mesimvria 5,000,000 5,000,000 1 October 2026 - 30 September 2033 Relievi Roskovec 5,000,000 1 October 2026 - 30 September 2033 Melendugno 32,829,131 32,829,131 1 January 2026 - 31 December 2028 A second binding phase is expected to take place during 2023, enabling submission of binding bids up to the Full Expansion.
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Second Binding Phase
TAP, SRG and DESFA joint announcement and updates on the 2021 and 2023 Market Tests – 18 January 2024
In line with Section D.1 of TAP, SRG and DESFA Project Proposal for the second Binding Phase of the 2021 Market Test, as approved by the Italian, Greek and Albanian National Regulatory Authorities and published in October 2023, the TSOs are hereby jointly informing the market that the 2021 Market Test is closed.
The TSOs confirm that they are proceeding with the relevant projects required for making the 1.2 bcm/year incremental capacity, pursuant to the first Binding Phase of the 2021 Market Test, available to the market, in line with the commitments received.
This first step of expansion reinforces the Southern Gas Corridor’s significance for the EU’s security of energy supply and paves the way for further expansions, which can be achieved through participation in the next Market Tests.
Moreover, TAP, SRG and DESFA have launched the 2023 Market Test in July 2023, in line with the CAM NC timeline. The 2023 Market Test is still ongoing and the TSOs open a Revision Window for the Non-Binding Phase of the 2023 Market Test between 19th January and 2nd February 2024 to allow all interested parties to either submit new Non-Binding Demand Indications and/or to revise the ones already submitted between July-August 2023 during the Demand Assessment Phase of the 2023 Market Test.
The revision of the Non-Binding Demand Indication has to be performed through the submission of an individual Revision Form to the relevant TSO to the indicated email address, as follows:
- DESFA Revision Form sent to market-test@desfa.gr
- SRG Revision Form sent to ipa@pec.snam.it
- TAP Revision Form sent to market.test@tap-ag.com
The submission of a new Non-Binding Demand Indication to the relevant TSOs has to be made according to the procedural details indicated on the websites of each TSO, as follows:
The above revisions and/or new submissions of the Non-Binding Demand Indications will be included by the TSOs in the common Demand Assessment Report for 2023 Incremental Capacity Process of next publication.
Joint statement of TAP, SRG & DESFA – 20 October 2023
TAP, SRG and DESFA are launching today the second Binding Phase of the 2021 Market Test (Incremental Capacity Process), under the rules of the related Project Proposal, as approved by the Italian, Greek and Albanian National Regulatory Authorities.
This Binding Phase starts with an Information Phase (20 October - 15 December 2023), followed by a Binding Bidding Phase (16 December 2023 – 31 January 2024).
All documents and relevant information are published below under the “Second Binding Phase downloads”.