Prices for border points
Firm price component for 2023
The firm annual prices for 2023 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. 3/2022 dated 30 May 2022.
| Border Point | Annual price for firm reserved transmission capacity Cr in CZK/MWh/day | |
|---|---|---|
| Entry | Exit | |
| Lanžhot | 526.96 | 3 495.33 |
| Český Těšín | 233.66 | 5 314.10 |
| VIP Brandov | 878.53 | 3 753.45 |
| VIP Waidhaus | 936.90 | 1 922.96 |
Multipliers applied to the annual rates for setting quarterly, monthly, daily, and within-day prices are also listed in Part Two of the above mention price decision No. 3/2022 for year 2023.
Cs = Cr x Fc + AP
Legend:
Cr
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
These prices are the starting point for transmission capacity auctions on the PRISMA and GSA auction platforms.
Firm price component for 2024
The firm annual price for the booked transmission capacity for the entry and exit border points of the transmission system for the calendar year 2024 was laid down by the Energy Regulatory Office in the Price Decision No. 1/2023 dated 2 June 2023. In the context of the ongoing war in Ukraine, significant changes in the European gas market as well as changes in gas flows in Europe have taken place since 2022. Therefore, in line with Article 12 of Commission Regulation (EU) 2017/460 of 16 March 2017 establishing a network code on harmonised transmission tariff structures for gas, the Energy Regulatory Office has increased the firm price for booked transmission capacity for 2024 by 20 % at entry border points and 92 % at exit border points in response to these exceptional circumstances.
Variable price component for 2023
The variable price component for 2023 in CZK per transmitted MWh applies only to exit border points and is stated in the Article 7.1 of the Price Decision No. 12/2021 dated 14 November 2022.
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.
The variable price component for 2024 will be set by the Energy Regulatory Office in the new price decision in November 2023.
Useful links