Tariffs Forward Flow

Capacity tariffs: BBL Forward Flow (FF)

BBLC charging methodology applies to all available non- exempt capacity sold under BBL Company´s GT&Cs. The charges for all FF capacity products are derived from the following components:

RP = FF* MP* S where: FF = BP* I* CF* DF

Where:
RP = reserve price in €/kWh/h/product period
FF = fixed fee in €/kWh/h/product period
BP = base price in €/kWh/h/product period (2006 price level = € 6.868/kWh/h/year)
I = indexation factor
CF = competitive forces factor
DF = discount factor
MP = multiplier due to duration for non-yearly products
S = seasonality factor

The base price (BP) is what used to be the original fixed fee (€ 6.868/kWh/h/year). The base price is expressed at 2006 price level and subject to annual indexation per gas year.
The Index (I) will be set for each auction year. BBLC will publish the Index accounting for a whole calendar year at the end of each calendar year. 
The competitive forces factor (CF) enables BBLC to adjust the tariffs for each capacity product in order to reflect competitive market circumstances.
The discount factor (DF) allows for a discount to reserve prices of yearly capacity products in the future.
The multiplier (MP) allows calculating the tariff for a non- yearly capacity product.

The applied multipliers are:

  • Quarterly capacity product: 0.25 (one fourth of the year)
  • Monthly capacity product: 0.0833 (one twelfth of the year)
  • Daily capacity product: 0.0027 (one three hundred and sixty-five of the year)
  • Within-day capacity product: 0.0027 (The within day tariff  depends on the time when product is bought and leads to a tariff proportionally dependent on the remaining hours of the day)

The multiplier due to duration as well as the seasonality factor are fixed factors in BBLC´s tariff formula.

BBL Company will publish the relevant reserve prices one month prior to the specific product´s auction date on this website.

BBL Company applies following reserve prices:

Product Period BBLC tariff (entry + exit)
Yearly product 2018/2019 € 6.917 /kWh/h/y
Quarterly product 2018/2019 € 1.729 /kWh/h/q
Monthly product 2018/2019 € 0.576 /kWh/h/m
Day-ahead/ Within-day product 2018/2019 € 0.0189 /kWh/h/d

 

Published tariffs are based on: 2018 / 2019
Base Price € 6.868/kWh/h/year
Indexation * 1.182
Multiplier due to duration (daily product) 0.00274
Multiplier due to duration (monthly product) 0.08333
Seasonality Factor 1
Competitive Pressure Factor 0.852
Discount Factor n.a.

* Indexation is applicable for all auctions that will be carried out in the year 2018


Variable Costs BBL Forward Flow

For BBL shippers any use of forward capacity results in a share of electricity costs used to power the electrically driven compressors at Anna Paulowna.  In addition, a small amount of fuel gas is consumed in the gas heaters in Bacton  and shippers are required to provide their share.

Each GTC shipper who purchases BBL capacity under CAM from the 1st of November 2015 shall pay a fixed commodity charge based on its actual use of its BBL capacity.

Since the commodity charge largely depends on future gas & electricity tariffs as well as actual BBL flows; BBL will have annual reviews to potentially adjust the applicable commodity charge.

At the end of each calendar year BBL Company will publish the new commodity charge, which applies for the following calendar year. This calculation is based on historical flow data, historical electricity and fuel gas use and the forecasted electricity and gas tariffs for the coming calendar year.

For the period 1st December 2017 - 30th September 2019 the Commodity Charge is 0.109 Euro/MWh, which covers Fuel Gas as well as Electricity costs and is charged as used.

The following formula is used to determine the energy costs:

E = A x Pe + B x Pg

Where:
E = variable fee to cover the energy costs in €/MWh
A = constant
Pe = electricity price in €/MWh
B = constant
Pg = gas price in €/MWh
E= € 0.109/MWh
A=0.0026
Pe= € 41/MWh
B=0.00057
Pg= € 18/MWh



Note: Because of the risk of design and equipment no right may be derived from these prices

Contact

  • BBL Company
  • P.O. Box 225
  • 9700 AE Groningen
  • The Netherlands
  • Concourslaan 17

Featured customers

See our customer list