|
Storage period |
Revenue (million EUR) |
Average award price (EUR/MWh) |
|
2018-2019 |
68,4 |
0,53 |
|
2019-2020 |
233,6 |
1,80 |
|
2020-2021 |
504,6 |
3,85 |
Table 2: Auction results and revenue from additional sales during the year
3.6.
Coverage of the authorised revenue of storage operators as laid down by the CRE
(55) Under Article L.452-1 of the Energy Code ‘tariffs for the use of transmission networks ... shall be set in a transparent and non-discriminatory manner in order to cover all the costs incurred by transmission system operators and operators of the storage infrastructure referred to in Article L. 421-3-1, in so far as those costs correspond to those of efficient operators’.
(56) The same article also provides that those costs ‘shall take into account the characteristics of the service provided and the costs associated with that service’ and that, in the case of storage operators, they must include in particular ‘a normal return on the capital invested’.
(57) Article L.452-2 of the Energy Code empowers the CRE to lay down the ‘methods used to set tariffs for the use of natural gas transmission networks’ and to ask storage operators to provide it with the information necessary to set those tariffs, in particular accounting and financial data.
(58) It follows from these provisions that the CRE is empowered by law to set the authorised revenue of storage operators in such a way as to cover the costs of an ‘efficient operator’ and to ensure a normal return on the capital invested.
(59) The CRE set the projected authorised revenue by decision, initially for a regulatory period of 2 years. This first storage tariff was valid in 2018 and 2019 (‘ATS 1’) (18). The CRE then harmonised the regulatory framework for storage operators with that of other infrastructure tariffs. The second storage tariff (‘ATS 2’) applies from 2020 for a period of 4 years (19).
Feedback