In May last year BBL Company launched a consultation regarding the charging methodology for its non-physical IRF services. As a result of the responses received from market parties and following discussions with the appropriate regulatory authorities BBL Company has decided, specifically for IRF services, to offer such services by auction. Today BBL Company sent out a document to the parties that responded to the market consultation last summer in order to align the views of BBL and that of market participants.
BBL Company would welcome any views from market parties regarding the structure of the IRF services to be offered. BBL Company would welcome any responses by Monday 25 January at the latest.
This interim step serves as preparation for the formal consultation on the proposed charging methodology which is expected to be launched during the month of February.