NC TAR
Commission Regulation (EU) 2017/460 of 16 March 2017 establishing a network code on harmonized transmission tariff structures for gas (NC TAR) entered into force on 6 April 2017. The main objective of NC TAR is to further harmonize tariffs for the transmission of natural gas and the methodology for setting tariffs within the European Union. The implementation of NC TAR is expected to result in transparent and non-discriminatory transmission tariffs, which will simplify and improve the efficiency of the functioning of the European natural gas market.
NC TAR will be implemented in three phases. The first two phases have been completed.
The third implementation phase deals with the methodology for setting regulated tariffs (starting prices for transmission capacity auctions), settlement prices, and revenue reconciliation and will be completed on 31 May 2019.
Additional information on NC TAR and its impact is available on the ENTSOG website and in public consultation documents.