Compliance with Transparency Requirements of Gas Regulation 1775/2005/EC

This report monitors the transparency requirements outlined in Gas Regulation 1775/2005/EU using the 15 April 2007 as a cut-off date (where applicable) for 43 European TSOs. Overall compliance is unsatisfactory, and particularly so for contracted and available capacities and the historical flows. ERGEG’s view is that the existing transparency requirements in the Gas Regulation are not sufficient to facilitate the development of an efficient and effective market, and has advised the European Commission on the changes needed in the 3rd legislative package to allow improvements in transparency. See also the Annex to the Additional Report.