The Belgian and Luxembourg gas transmission system operators Fluxys and Creos have worked with their respective regulators CREG and ILR to integrate the two national markets into a single Belux gas market, the first market integration between two EU Member States.
The Belgian gas transmission system operator Fluxys and the Luxembourg gas transmission system operator Creos have worked closely with their respective regulators CREG and ILR to integrate the two national markets into a single Belux gas market. This initiative is part of the European Union's drive to build a borderless European gas market, and represents the first integration of markets between two EU Member States.
Natural gas within the integrated Belux market is now directly available on the Zeebrugge Trading Point (ZTP) exchange platform.
This market integration offers a number of advantages, including a better price environment for consumers thanks to increased liquidity in the market and greater competition between market players, lower transmission costs for suppliers and greater security of supply for the Grand Duchy of Luxembourg. The physical transmission capacity available from Belgium to Luxembourg has been increased by guaranteeing higher pressure at the interconnection points between the two countries.
With the creation of the integrated market, national entry-exit rights between the two countries disappeared and the Zeebrugge trading point (ZTP) became the gas trading point for the integrated market.
The balancing rules for the two countries are now harmonised. Balansys, as a joint entity created in equal parts by Creos and Fluxys, manages the commercial balancing of the integrated market. Balansys' main task is to perform the balancing coordinator's duties in the joint Belgian-Luxembourg zone in accordance with the European balancing code in force. In particular, this involves aggregating the balancing positions of market operators in Belgium and the Grand Duchy of Luxembourg and communicating these individual balancing positions and those of the market as a whole to network users. In this context, Balansys handles gas sales/purchases on an anonymous exchange platform for balancing purposes, as well as billing network users in the common zone for balancing costs.
For more information, visit the website balansys.eu
The General Terms and Conditions of the Supplier Framework Contract constitute the Supplier Framework Contract which governs the relationship between a Supplier and the TSO in accordance with Article 31 (2) of the Law of 1st August 2007.
the respective commitments and responsibilities of the TSO and the Supplier relating to the Natural Gas Transmission Service on the Transmission System;
the characteristics of the natural gas transported (natural gas quality, pressure, flow rate, etc.);
security of supply requirements;
the procedures for determining the quantities of energy delivered, pricing and invoicing;
the conditions under which Suppliers may subscribe capacity with the TSO;
the rules applicable to the processing of economically sensitive data.
the date of entry into force of the contract, as well as the capacities subscribed by the supplier with the TSO, the capacities exchanged by the supplier with other suppliers and the supply points which constitute its industrial supply point.
Tarifs d’utilisation du réseau et tarifs accessoires valables à partir du 1er janvier 2024
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