Brussels, 11 June 2024
Today, the European Network of Transmission System Operators for Gas (ENTSOG) published the Tariff Network Code (TAR NC) report of Implementation and Effect Monitoring by European TSOs for 2024, the fourth in this series since the TAR NC entered into force on 6 April 2017.
The bi-annual ENTSOG Tariff Network Code Implementation and Effect Monitoring Report provides an overview of the implementation status of the TAR NC by European Transmission System Operators (TSOs) and analyses the TAR NC’s effect on the European gas market. The relevant data for the report was gathered via questionnaire and exchanges with European TSOs, using data and status of TSOs as of 1 October 2023.
The 2024 edition of the report shows the very high compliance level of the European TSOs with the TAR NC. Overall, we can see that TSOs have adapted the TAR NC rules in a process lasting several years. The report showcases that all TSOs apply the Reference Price Methodology introduced by the TAR NC – closing this application gap in comparison to the last report, as some changes are only introduced at the end of tariff periods.
ENTSOG also registers a rise in the number of TSOs applying a 100% discount for storage entries and exits as well as a rise in optional discounts for entries from Liquefied Natural Gas (LNG) facilities. In recent years, average tariffs stayed significantly below inflation levels, and a growing heterogeneity of TSO imbalances can be registered as a new pattern, which means that a small but growing number of TSOs logged significant under-recoveries or over-recoveries compared to their regulated revenues.
The Tariff Network Code Implementation and Effect Monitoring Report 2024 on 2023 data is available here.