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Prices for border points

Firm price component

The firm annual prices for booked transmission capacity for specific entry and exit points to and from the transmission system are listed below and also in Part Two, Article 2.1. of the Price Decision No. 4/2020 dated 4 June 2020.

Border point Annual price for firm reserved transmission capacity Cr in CZK/MWh/day
Entry Exit
Lanžhot 494.9 3,282.98
Český Těšín 219.46 4,991.25
VIP Brandov 825.16 3,525.42
VIP Waidhaus 879.98 1,806.14

 

Multipliers applied to the annual rates for setting quarterly, monthly, daily, and within-day prices are listed in Articles 2.2.1., 2.6., and 2.7.

These prices are the starting point for transmission capacity auctions on the PRISMA and GSA auction platforms.

The firm price for booked firm yearly, quarterly, and monthly transmission capacity is calculated using the following formula:

Cs = Cr x Fc + AP

 

Legend:

 

C

Firm annual price per 1 MWh of booked daily firm transmission capacity:

Fc is the factor of duration of the reservation of standard firm transmission capacity, that is defined by following formulas:

 

For standard annual firm capacity:
Fc = 1

 

For standard quarterly firm capacity:
Fc = D/PDr × 1.1

 

For standard monthly firm capacity:
Fc = D/PDr × 1.25,

 

where
D is the number of gas days of the capacity product duration 
PDr is the number of days of given calendar year

 

AP 

Auction premium in CZK per MWh per day attained in a transmission capacity auction

 

The starting price in auction for reserved daily and within-day transmission capacity is calculated using the following formula:

for standard daily firm capacity
Cvyd = 1 / PDr × 1.5 × Cr,,

 

and for standard intra-day firm capacity
Cvyvd = 1 / PDr × 1.7 × Cr,

 

where
PDr is the number of days of given calendar year

Variable price component

The variable price component in CZK per transmitted MWh applies only to exit border points and is stated in the Article 7.1 of the Price Decision No. 8/2020, dated 27 November 2020.

For exit border points, the variable price per MWh nominated for gas transmission via a given exit point from the transmission system is equal to 0.0058 x COTE.

Legend:

 

COTE  - refers to the OTE index for the given gas day. Its value is published every day at the OTE website in part Intra-Day Market results. In case the price for the current gas day is not available, the value of the latest published price will apply.

 

The daily price in EUR/MWh is converted to CZK/MWh using the day's EUR/CZK exchange rate announced by the CNB for the current gas day D.

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