BBL Reverse Flow capacity for May and Q3 2022
28 April 2022
May Reverse flow product
BBLC offers its standard monthly capacity products via the auction mechanism on PRISMA, starting every third Monday for the upcoming month. This month it appeared that there is an aggregated demand across BBLC network users for firm reverse flow capacity which is greater than the capacity that BBLC has to offer, resulting in an Ascending Clock Auction having entered into multiple rounds.
According to the PRISMA General Terms and Conditions, in case an Ascending Clock Auction has not ended by the scheduled starting point of the next auction for capacity covering the same period, this auction will terminate, and no capacity will be allocated. The available capacity will subsequently be offered in the Day Ahead (DA) and Within Day (WiD) auctions.
The final round for this monthly May auction on PRISMA is scheduled on Friday 29th April at 17:00 until 18:00 CEST. The first DA firm reverse flow auction, for products starting gas day 1st May, is scheduled on Sunday 30th April at 16:30 CEST.
BBLC will also offer its available capacity for May reverse flow as a Balance of the Month (BoM) product through Implicit Allocations via our broker Cavendish Markets BV as of Tuesday 3rd May 10:00 CEST, in case of no result in the monthly auction.
BBLC has adjusted the applicable DA/WiD reserve prices for May products, more information on the actual daily tariffs can be found on our website. The applicable tariff for a BoM product will be the sum of the daily tariffs.
Q3 Reverse flow product
On 18th April BBLC has published its available Q3 ’22 reverse flow capacity for the quarterly auction on PRISMA. In order to avoid this auction entering into a similar long term Ascending Clock Auction, BBLC has decided to adjust the price steps. The newly applicable price steps are published today on PRISMA.