| Dokumendiregister | Konkurentsiamet |
| Viit | 1-6/2025-081-6 |
| Registreeritud | 12.09.2025 |
| Sünkroonitud | 15.09.2025 |
| Liik | Väljaminev kiri |
| Funktsioon | 1 Asutuse töö |
| Sari | 1-6 Kirjavahetus isikute, asutuste ja organisatsioonidega |
| Toimik | 1-6/2025 |
| Juurdepääsupiirang | Avalik |
| Juurdepääsupiirang | |
| Adressaat | AS Alexela |
| Saabumis/saatmisviis | AS Alexela |
| Vastutaja | Armin Ilisson (Konkurentsiamet, Regulatsiooniteenistus, Energiaturgude osakond) |
| Originaal | Ava uues aknas |
From: Armin Ilisson - KA
Sent: Mon, 01 Sep 2025 06:49:00 +0000
To: Säntti Jori <[email protected]>
Cc: Marilin Tilkson - KA <[email protected]>
Subject: RE: Regarding EV's view on the curtailment of FTRs on the FI-EE bidding zone border
Dear Jori,
As some time has passed, I would like to follow up and ask whether you have had the opportunity to discuss this matter internally, and whether it would be possible for us to arrange a telco on this topic.
Best regards, |
From: Armin Ilisson - KA
Sent: Wednesday, August 13, 2025 11:05 AM
To: Säntti Jori <[email protected]>
Cc: Marilin Tilkson - KA <[email protected]>
Subject: RE: Regarding EV's view on the curtailment of FTRs on the FI-EE bidding zone border
Dear Jori,
I hope you had a pleasant holiday. I am writing to follow up on the matter outlined in my message of 9 June (please see below). Have you had the opportunity to discuss it internally with the relevant colleagues? If so, my suggestion would be that we arrange a Teams meeting to go through this topic and the questions I raised in my earlier message.
In fact, in addition to the questions set out in my 9 June message, I would also like to add a few following aspects in order to take the discussion a bit further.
I would appreciate it if you could let me know a suitable time for you to have a discussion on this topic.
Best regards, |
From: Armin Ilisson - KA
Sent: Monday, June 9, 2025 1:38 PM
To: Säntti Jori <[email protected]>
Subject: Regarding EV's view on the curtailment of FTRs on the FI-EE bidding zone border
Dear Jori,
I am writing to you regarding ACER's opinion on the FI-EE FTRs, specifically relating to the curtailment of FTRs. We are aware of Energiavirasto's position that, since the legal prerequisites for assessing whether any event qualifies as force majeure are not met, your authority does not engage in the assessment of force majeure, not even upon request from the TSO. ECA has reached a similar conclusion – that we have not been granted the necessary mandate to assess force majeure.
However, as ECA is responsible for the supervision of the FCA Regulation in Estonia, we see that we do have the mandate to assess whether the curtailment of FTRs is justified based on ensuring that operation remains within operational security limits clause. In this regard, we intend to agree with ACER’s opinion, as there are no strong counterarguments, that FTRs on the FI-EE bidding zone border should not be curtailed for the purpose of ensuring that operation remains within operational security limits prior to the day-ahead firmness deadline in accordance with Article 53 of the FCA Regulation.
We have been informed via Estonian TSO that, since ACER’s opinion is not legally binding, Fingrid intends not to take it into account and, in practice, does not plan to change its current approach to the curtailment of FTRs (including curtailment applied for the purpose of ensuring that operation remains within operational security limits). In other words, they would still apply operational security clause in accordance with Article 54 of the FCA, which, according to ACER’s opinion, should not be done.
In light of the recent developments and the non-binding nature of the ACER opinion, we are reaching out to Energiavirasto, as the selection of the reason for curtailing FTRs is subject to coordinated decision-making between the relevant TSOs, and should be based on their mutual consensus.
Therefore, we would appreciate your view on the following:
We would greatly appreciate your position on this matter as soon as possible.
Thank you in advance.
Best regards, |
Page 1 of 11
PUBLIC
OPINION No 02/2025
OF THE EUROPEAN UNION AGENCY
FOR THE COOPERATION OF ENERGY REGULATORS
of 9 April 2025
relating to the curtailment of financial transmission rights and
interpretation of force majeure
THE EUROPEAN UNION AGENCY FOR THE COOPERATION OF ENERGY
REGULATORS,
Having regard to Regulation (EU) 2019/942 of the European Parliament and of the Council of
5 June 2019 establishing a European Union Agency for the Cooperation of Energy Regulators1,
and, in particular, Article 6(7) thereof,
Having regard to the outcome of the consultation with the European Commission, pursuant to
Article 6(7) of Regulation (EU) 2019/942,
Having regard to the outcome of the consultation with ACER’s Electricity Working Group
(‘AEWG’),
Having regard to the favourable opinion of the Board of Regulators of 2 April 2025, delivered
pursuant to Article 22(5)(a) of Regulation (EU) 2019/942,
Whereas:
1. INTRODUCTION
(1) By email of 28 January 2025, the regulatory authority of Estonia, Konkurentsiamet,
requested ACER to provide an opinion, pursuant to Article 6(7) of Regulation (EU)
2019/942, with regard to difficulties in the application of Commission Regulation
(EU) 2016/1719 of 26 September 2016 establishing a guideline on forward capacity
allocation2 (the ‘FCA Regulation’).
(2) The difficulties with the application of the FCA Regulation relate to an incident on
the Finnish-Estonian (‘FI-EE’) bidding zone border on 25 December 2024, when the
1 OJ L158, 14.6.2019, p. 22. 2 OJ L 259, 27.9.2016, p. 42.
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Opinion No 02/2025
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submarine HVDC cable Estlink2 was damaged by a ship’s anchor. This incident
prompted the transmission system operators (‘TSOs’) of Estonia, Elering AS, and
Finland, Fingrid Oyj, to declare an event of force majeure and curtail the allocated
long-term transmission rights (‘LTTRs’) on that bidding zone border. Following this
curtailment, Estonian market participants filed complaints against the TSOs’ invoking
of force majeure. When processing these complaints and investigating whether a
violation in the activities of Elering AS occurred, the Estonian regulatory authority,
Konkurentsiamet, encountered difficulties with the application of the requirements
under Title II, Chapter 6 of the FCA Regulation and provisions in the harmonised
allocation rules (HAR) adopted in accordance with Articles 51 and 52 of the FCA
Regulation.
2. LEGAL CONTEXT
(3) The FCA Regulation lays down rules on the firmness of allocated cross-zonal capacity
in the forward markets.
(4) Article 53 of the FCA Regulation states under paragraph (1) that ‘All TSOs shall be
entitled to curtail long-term transmission rights to ensure operation remains within
operational security limits prior to the day-ahead firmness deadline. …’ Paragraph (2)
of the same article further clarifies that ‘The concerned TSOs on the bidding zone
border where long-term transmission rights have been curtailed shall compensate the
holders of curtailed long-term transmission rights with the market spread.’
(5) Article 56 of the FCA Regulation states under paragraph (1) that ‘In the event of force
majeure, TSOs may curtail long-term transmission rights. …’ Paragraph (3) of that
article specifies that ‘In the event of curtailment due to force majeure the concerned
holders of long-term transmission rights shall receive compensation for the period of
that force majeure by the TSO which invoked the force majeure. In this case, the
compensation shall be equal to the amount initially paid for the concerned long-term
transmission right during the forward allocation process.’ Paragraph 4 of the same
article states that ‘The TSO which invokes a force majeure shall make every possible
effort to limit the consequences and duration of the force majeure.’
(6) Article 54 of the FCA Regulation addresses the possible definitions of caps for the
compensation of curtailed LTTRs. More specifically, paragraph (1) of that article
states that ‘The concerned TSOs on a bidding zone border may propose a cap on the
total compensation to be paid to all holders of curtailed long-term transmission rights
in the relevant calendar year or the relevant calendar month in case of Direct Current
interconnectors.’ Paragraph (2) of the same article states that ‘The cap shall not be
lower than the total amount of congestion income collected by the concerned TSOs on
the bidding zone border in the relevant calendar year. In case of Direct Current
interconnectors, TSOs may propose a cap not lower than the total congestion income
collected by the concerned TSOs on the bidding zone border in the relevant calendar
month.’
(7) Pursuant to Article 52(2)(k) of the FCA Regulation, the HAR ‘shall follow the
principles of non-discrimination and transparency and at least contain the provisions
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Opinion No 02/2025
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on firmness and compensation rules pursuant to Article 53 and Article 55.’ ACER
Decision no. 18/20233 approved the latest version of the HAR as set out in Annex I of
that decision. Article 2(2)(u) of the HAR , defines force majeure in line with Article
2(45) of the CACM Regulation, which is also applicable for the FCA Regulation
pursuant to its Article 2, as follows:
‘force majeure’ means any unforeseeable or unusual event or situation
beyond the reasonable control of a party and/or the relevant TSOs, and
not due to a fault of the party and/or the relevant TSOs, which cannot
be avoided or overcome with reasonable foresight and diligence, which
cannot be solved by measures which are from a technical, financial or
economic point of view reasonably possible for the party and/or the
relevant TSOs, which has actually happened and is objectively
verifiable, and which makes it impossible for the party and/or the
relevant TSOs to fulfil, temporarily or permanently, its obligations’.
3. DIFFICULTIES WITH THE APPLICATION OF THE FCA REGULATION
(8) The difficulties described by Konkurentsiamet can be summarised as follows:
(9) The FI-EE bidding zone border comprises two HVDC cables:
˗ Estlink1 with 358 MW capacity, and
˗ Estlink2 with 658 MW capacity.
(10) As defined in the methodology for the regional design of LTTRs for the Baltic
capacity calculation region (‘CCR’) in accordance with Article 31 of the FCA
Regulation, LTTRs are issued for the monthly and yearly timeframe in the form of
financial transmission rights (‘FTRs’) options on the FI-EE bidding zone border.
(11) On 25 December 2024, a ship’s anchor damaged the submarine HVDC cable Estlink2
on the FI-EE bidding zone border.
(12) At the time of the incident, the FTRs which were allocated via the single allocation
platform for the FI-EE bidding zone border accounted for:
˗ 350 MW from the yearly allocations for 2024 and 2025, and
˗ further 300 MW provided by TSOs for the monthly allocation for December 2024
and January 2025.
3 ACER Decision 18/2023 on Harmonised Allocation Rules Amendment.
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(13) As specified in the unavailability notice 4 , the Estlink2 cable is expected to be
unavailable until end of July 2025. Until then the available interconnector capacity on
the FI-EE bidding zone border will be limited to 358 MW.
(14) From 26 December 2024 5 until 30 January 2025, the single allocation platform
published daily messages for the curtailment of FTRs on the FI-EE bidding zone
border from 650 MW allocated to between 337 and 342 MW due to force majeure for
the period from 27 December 2024 until 31 January 2025.
(15) Following the curtailment by the TSOs due to force majeure, Estonian market
participants filed complaints with Konkurentsiamet against the TSO’s decision to
invoke force majeure as ground for the curtailment of FTRs, since in the view of these
market participants the required preconditions for a force majeure event had not been
met.
(16) Konkurentsiamet explained to ACER that they are processing the complaints and, as
a result of these proceedings, if the Konkurentsiamet identifies a violation in the
activities of the TSO, Konkurentsiamet has the right to issue a precept to the TSO to
eliminate the violation. Konkurentsiamet further clarified that, since in this case the
complainants also aim to obtain certain financial compensation from the TSO, the
respective claims are subject to resolution through negotiations between the parties
and, if no agreement is reached, to a ruling in civil court proceedings.
(17) When processing the market participants’ complaints, Konkurentsiamet encountered
difficulties with the application of Articles 52, 53, and 56 of the FCA Regulation, as
well as Articles 2(2), 56, 57, 59, and 60 of the HAR. In this context, it is not clear to
Konkurentsiamet whether the TSOs’ obligation towards allocated FTRs is physical or
financial, and what TSOs should take into consideration when curtailing already
allocated FTRs and invoking force majeure as a reason for this FTRs’ curtailment.
4. THE REQUEST
(18) Konkurentsiamet requested ACER’s opinion on the abovementioned difficulties with
the application of Articles 52, 53, and 56 of the FCA Regulation, as well as Articles
2(2), 56, 57, 59, and 60 of the HAR and specifically asked the following questions:
(19) Question 1: Should the amounts of already allocated FTRs be directly dependent from
the value of net transfer capacity between the bidding zones, considering the particular
situation and the definition of operational security limits in Commission Regulation
(EU) 2017/1485 of 2 August 2017 establishing a guideline on electricity transmission
system operation6? Also, if the TSOs are not deliberately limiting net transfer capacity
(of cross-border connection) to ensure the system operates within security limits from
4 https://umm.nordpoolgroup.com/#/messages/79210ee1-3395-4f75-a972-7b03888b107a/5 5 https://www.jao.eu/news/capacity-curtailment-fi-ee-border-delivery-period-2 6 OJ L 220, 25.8.2017, p. 1.
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a physical characteristics perspective, but a certain amount of cross-border net transfer
capacity is unavailable due to reasons beyond the TSOs’ control, particularly due to
the occurrence of “an unforeseeable or unusual event or situation beyond the
reasonable control of the relevant TSOs, which cannot be avoided”, then, in such a
case, are the TSOs even permitted to invoke the clause "to ensure operation remains
within operational security limits" for curtailing FTRs?
(20) Question 2: If the value of net transfer capacity between bidding zones were to
significantly decrease due to occurrence of “an unforeseeable or unusual event or
situation beyond the reasonable control of the relevant TSOs, which cannot be
avoided”, would then occurrence of such an event provide sufficient cause for TSOs
for curtailing the amounts of already allocated FTRs with reference to a force majeure
event?
(21) Question 3: Alternatively, if the FTRs are purely financial instruments, can then mere
occurrence of “an unforeseeable or unusual event or situation beyond the reasonable
control of the relevant TSOs, which cannot be avoided”, which results in significant
reduction of net transfer capacity between bidding zones, provide sufficient cause for
TSOs to curtail already allocated FTRs with reference to a force majeure event, unless
the TSOs have exhausted a cap on compensations which is applicable in accordance
with Article 59 (3) of the HAR?
5. PROCEDURE
(22) On 28 January 2025, ACER received the request of Konkurentsiamet for an opinion,
according to Article 6(7) of Regulation (EU) 2019/942, on the application of the FCA
Regulation concerning the curtailment of LTTRs on the FI-EE bidding zone border
and the interpretation of force majeure provisions.
(23) Between 28 January 2025 and 18 March 2025, ACER engaged in discussions with the
European Commission and the regulatory authorities. These interactions focused in
particular on:
(a) Possibilities for curtailing LTTRs on the FI-EE bidding zone border and
requirements for invoking force majeure; and
(b) Clarifications concerning the specific case for which Konkurentsiamet requests
ACER’s opinion.
(24) On 10 March 2025, the draft of an opinion replying to the present request of
Konkurentsiamet was submitted to the AEWG for consultation. In its advice of 18
March 2025, the AEWG broadly endorsed the draft ACER opinion and invited ACER
to:
˗ to clarify the reasoning regarding ACER’s competency in this case and the
necessity to issue an opinion,
˗ to reflect in more detail the relation between FTRs and the compensation cap, and
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Opinion No 02/2025
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˗ to clearly differentiate between specific findings related to the respective FI-EE
case and general conclusions.
(25) The AEWG advice also included individual comments from the regulatory authorities
of Finland, Austria, France and Germany concerning:
˗ the mandate for regulatory authorities or ACER to assess whether an event
qualifies as force majeure;
˗ the suggestion to clarify whether the event qualifies as force majeure or not and
an opinion for a possible conclusion;
˗ views on what could be considered as a TSOs’ impossibility to fulfil the financial
obligation to remunerate FTRs with the day-ahead market spread;
˗ application of the cap in the event of force majeure; and
˗ the possibility for TSOs to curtail FTRs on the FI-EE bidding zone border to
ensure operation remains within operational security limits based on Article 57(7)
of the HAR and the regional HAR annex for the Baltic CCR .
(26) ACER consulted with the European Commission based on draft opinion as submitted
for AEWG’s advice in accordance with the requirement pursuant to Article 6(7) of
Regulation (EU) 2019/942.
(27) On 2 April 2025 ACER’s BoR issued a favourable opinion pursuant to Article 22(5)(a)
of Regulation (EU) 2019/942.
6. ASSESSMENT
ACER’s competence to deliver this opinion
(28) According to Article 6(7) of Regulation (EU) 2019/942 where, in a specific case, a
regulatory authority encounters difficulties with the application of the network codes
and guidelines referred to in Regulation (EU) 2019/943, it may request ACER to
provide an opinion. ACER shall deliver its opinion, after consulting the Commission,
within three months of the date of receipt of such a request.
(29) From the information provided by Konkurentsiamet (see Rectial (16)) it is apparent
that Konkurentsiamet is not assessing whether the event qualifies as force majeure
following a request from the TSO under Article 56(5) of the FCA Regulation . Instead,
ACER understands that Konkurentsiamet is processing a specific case, due to
complaints raised by market participants, which falls under their duties as a regulatory
authority to ensure the compliance of their TSO with the FCA Regulation in
accordance with Article 59(1)(b) of Directive (EU) 2019/944.
(30) ACER therefore understands that Konkurentsiamet is entitled to request ACER to
provide an opinion under Article 6(7) of Regulation 2019/942 on the application of
the FCA Regulation and the HAR as adopted in accordance with Articles 51 and 52
of the FCA Regulation, and that ACER is therefore required to provide such opinion.
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Opinion No 02/2025
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(31) For the avoidance of doubt, ACER would like to clarify that with this opinion ACER
is only providing answers to the questions raised by the Konkurentsiamet’s on the
difficulties with applying the requirements of the FCA Regulation for their specific
case, but does not provide an assessment of the actions taken by TSOs or a conclusion
on whether the relevant event qualifies as force majeure or not. Considering the
feedback received in the AEWG advice and to more clearly limit the opinion to the
questions raised by Konkurentsiamet, ACER deleted parts of Recital (49) from the
draft opinion shared with AEWG for advice.
Curtailment to ensure operational security (Question 1)
(32) The amount of cross-zonal capacity to be allocated in the long-term timeframe as
LTTRs should be limited by the amount calculated in accordance with the capacity
calculation methodology pursuant to Article 10 of the FCA Regulation and further
defined by the methodology for splitting of long-term cross-zonal capacity in
accordance with Article 16 of the FCA Regulation. After this cross-zonal capacity has
been allocated via the single allocation platform, the firmness provisions defined
under Title II, Chapter 6 of the FCA Regulation apply. Following an unplanned
outage, Article 53(1) of the FCA Regulation allows TSOs to curtail LTTRs in order
to ensure operation remains within operational security limits.
(33) In case LTTRs are curtailed to ensure operational security according to Article 53(1)
of the FCA Regulation specific compensation rules, including any defined cap, under
Articles 53 and 54 of the FCA Regulation and as further specified in the HAR would
become applicable. A precondition for applying these compensation rules and any
defined cap is thus that the LTTRs have been curtailed. ACER therefore understands
that the conditions for curtailment must be met in the first place, and any right for
TSOs to curtail LTTRs cannot be inferred from the introduction of a cap on the FI-EE
bidding zone border. Furthermore, in ACER’s view, curtailment cannot be based on
Article 57(7) of the HAR, as this provision merely clarifies that the compensation
rules for curtailed LTTRs apply if offered day-ahead cross zonal capacities are lower
than allocated LTTRs. Besides curtailment for operational security reasons, the FCA
Regulation only allows for curtailment prior to the day-ahead firmness deadline in
case of force majeure pursuant to Article 56(1) of the FCA Regulation, but not for any
other reasons.
(34) For long-term cross-zonal capacity allocation which takes place after an unplanned
outage, the outage should be considered in the capacity calculation process and
subsequently limits the amount of LTTRs allocated to the available cross-zonal
capacity on the relevant bidding zone border (e.g. as done when allocating LTTRs on
the FI-EE bidding zone border for February 2025).
(35) The LTTRs on the FI-EE bidding zone border are allocated in the form of financial
transmission rights options (FTR options). In accordance with Article 33 of the FCA
Regulation, such FTR options cannot be physically nominated by the LTTR holders,
but the holders are only entitled to obtain financial remuneration from TSOs equal to
the day-ahead market spread pursuant to Article 35 of the FCA Regulation. Therefore,
ACER understands that the TSOs’ obligations from FTRs are only of financial and
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not of a physical nature. This means that in principle an allocation of FTRs lead to the
financial obligation for the TSOs to remunerate the FTR holders with the day-ahead
market spread, but the FTR holder does not have a possibility to use the FTRs in a
way which could impact a TSOs’ physical operation of the transmission grid.
Considering this lack of physical attributes of the FTR options on the FI-EE bidding
zone border, by default those FTR options cannot have a physical impact which could
endanger operational security limits.
(36) Further, ACER understands that the allocation of FTRs on the FI-EE bidding zone
border has no possible physical impact through the day-ahead capacity calculation
process since the day-ahead capacity calculation methodology pursuant to Article
20(2) of Commission Regulation (EU) 2015/1222 of 24 July 2015 establishing a
guideline on capacity allocation and congestion management7 (‘CACM Regulation’)
for the Baltic CCR does not consider previously allocated LTTRs in any way. The
day-ahead capacity calculation process, where an outage is taken into consideration,
may result in coordinated net transmission capacity values for the relevant bidding
zone border lower than allocated in the long-term timeframe. Regardless of the
outcome of the capacity calculation, the firmness of LTTRs is subject to the
requirements defined under Title II, Chapter 6 of the FCA Regulation. Hence, as stated
in Rectial (32), LTTRs may only be curtailed prior to the day-ahead firmness deadline
to ensure operational security (Article 53(1) of the FCA Regulation) or in the case of
force majeure (Article 56(1) of the FCA Regulation).
(37) ACER did not identify a possible physical impact of FTR options on the FI-EE
bidding zone border due to the purely financial nature of FTRs or any other possible
physical impacts from FTRs for this bidding zone border on the operation of the
transmission grid. Therefore, ACER is of the opinion that FTRs on the FI-EE bidding
zone border should not be curtailed for the purpose of ensuring that operation remains
within operational security limits prior to the day-ahead firmness deadline in
accordance with Article 53 of the FCA Regulation.
Conditions for invoking force majeure (Question 2)
(38) Article 56(1) of the FCA Regulation provides that the TSOs may curtail LTTRs in the
event of force majeure. Article 2 of the FCA Regulation provides that the definitions
of the CACM Regulation are also applicable for the purpose of the FCA Regulation.
Article 2(45) of the CACM Regulation contains a definition of force majeure which
corresponds in essence to the definition included in Article 2(2)(u) of the HAR.
(39) In its request for an opinion, Konkurentsiamet referred to the definition of force
majeure in Article 2(2)(u) of HAR, broken down into five sub-conditions:
7 OJ L 197, 25.7.2015, p. 24
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(a) any unforeseeable or unusual event or situation beyond the reasonable control
of a party and/or the relevant TSOs, and not due to a fault of the party and/or
the relevant TSOs,
(b) which cannot be avoided or overcome with reasonable foresight and diligence,
(c) which cannot be solved by measures which are from a technical, financial or
economic point of view reasonably possible for the party and/or the relevant
TSOs,
(d) which has actually happened and is objectively verifiable, and
(e) which makes it impossible for the party and/or the relevant TSOs to fulfil,
temporarily or permanently, its obligations.
(40) Konkurentsiamet’s question 2 (see Recital (18)) asks whether the fulfilment of the
first two criteria in the force majeure definition (i.e. Recital (39)(a) and (b)) provides
already sufficient cause for a TSO to invoke force majeure.
(41) In this regard, ACER understands that the concept of force majeure and its meaning
must be determined by reference to the legal context in which it is to operate and that
force majeure constitutes an exemption situation and therefore should be applied
restrictively. The definition of force majeure provided in Article 2(2)(u) of the HAR
sets out the distinct cumulative conditions that each must be satisfied for an event to
qualify as force majeure. Thus, each condition needs to be assessed and if any of the
five conditions are not met, the event cannot be classified as force majeure.
(42) Therefore, based on the force majeure definition, ACER understands that when TSOs
invoke force majeure, they must demonstrate that the relevant situation fulfils all
conditions. This also includes the requirement, as specifically pointed to by
Konkurentsiamet, that the situation is making it impossible for the TSO to fulfil
temporarily or permanently, its obligations.
(43) Konkurentsiamet described the event as the submarine cable Estlink2 being damaged
by a ship’s anchor resulting in its operational failure. In general, such event is
impacting the TSOs’ physical operation of the transmission grid, which needs to be
done in accordance with the relevant requirements for maintaining operational
security. Furthermore, this event limited the available cross-zonal capacity to be
allocated in the day-ahead timeframe and therefore reduced the day-ahead congestion
income generated at that bidding zone border. The remuneration of LTTRs on that
bidding zone border relates to the day-ahead market spread on the relevant bidding
zone border, which is also reflected in the day-ahead congestion income on that
bidding zone border. Day-ahead congestion income of a bidding zone border can
therefore be directly used by TSOs to remunerate LTTRs. If TSOs allocated a higher
amount of cross-zonal capacity in the long-term timeframe than what they have
available in the day-ahead timeframe, revenue adequacy for remunerating LTTRs with
generated day-ahead congestion income can no longer be provided (e.g. TSOs will
face a financial loss for the cross-zonal capacity volumes which are not available in
day-ahead if the day-ahead market spread is higher than the LTTR price).
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(44) While the TSOs’ obligations from FTR options on the FI-EE bidding zone border do
relate to the event in a financial sense, the conclusions in section 6.16.2 above clarify
that the allocated FTR options on the FI-EE bidding zone border do not imply a
possible physical impact on the TSOs’ operation. The relevant obligation for TSOs
related to FTR options on the FI-EE bidding zone border and the definition of force
majeure in Article 2(2)(u) of the HAR is thus the obligation to remunerate the FTR
holders with the market spread in accordance with Article 35(3)(a) of the FCA
Regulation. In this regard it is to note that, as stated in Article 56 of the HAR, in case
of curtailment of the FTRs due to force majeure before the day-ahead firmness
deadline the holders of those FTRs lose their right to receive such remuneration.
Instead, the FTR holders are entitled to receive reimbursement in accordance with
Article 56(3) of the FCA Regulation and Article 60 of the HAR.
(45) Therefore, the situation of reduced available cross-zonal capacity on the FI-EE
bidding zone border and already allocated FTRs on that bidding zone border impacts
only the TSOs’ financial ability to remunerate the holders of FTRs. In such case, for
invoking force majeure as a justification to curtail FTRs, TSOs would need to consider
whether the event has a financial impact that makes it impossible for the TSOs to
temporarily or permanently fulfil their obligations.
Consideration of the cap on the compensation of LTTRs in the event of force
majeure (Question 3)
(46) The cap for the compensation of LTTRs in accordance with Article 54 of the FCA
Regulation may be used to limit the total compensation to be paid to all holders of
curtailed LTTRs to the total congestion income collected by the TSO on the relevant
bidding zone border.
(47) Article 59 of the HAR further specifies that such cap should consider the congestion
income of the long-term, day-ahead and intraday timeframes and the remuneration of
LTTRs under normal circumstances as well as compensation of curtailed LTTRs. As
specified in Article 59(3) of the HAR and Article 4(2) of the regional HAR annex for
the Baltic CCR pursuant to Article 52 of the FCA Regulation, a monthly cap for the
compensation of curtailed LTTRs is established for the FI-EE bidding zone border.
(48) The cap under Article 59 of the HAR relates to compensation for curtailments to
ensure that operation remains within operational security limits. Further, as specified
under Article 60 of the HAR, reimbursement for curtailments due to force majeure
before the day ahead firmness deadline does not consider the cap but should be
calculated based on the marginal price from the initial LTTR auction or the weighted
average of marginal prices of all the auctions. Considering that, as concluded in
Section 6.2, the curtailment for maintaining operational security does not seem
feasible for FTRs on the FI-EE bidding zone border, the cap would not become
effective.
(49) However, in ACER’s opinion, the status of a cap as defined pursuant to Article 54 of
the FCA Regulation could still serve as one of several factors that could be taken into
PUBLIC
Opinion No 02/2025
Page 11 of 11
account for considering the TSOs’ financial means to fulfil its obligation of
remunerating FTR options for the FI-EE bidding zone border,
HAS ADOPTED THIS OPINION:
Regulation (EU) 2016/1719 can be interpreted to the following effect:
1. TSOs may curtail long-term transmission rights pursuant to Article 53(1) of
Regulation (EU) 2016/1719, only if the allocated long-term transmission rights would
endanger that operation of the transmission grid remains within operational security
limits prior to the day-ahead firmness deadline. Since financial transmission rights on
the FI-EE bidding zone border cannot have an impact on operational security, they
should not be curtailed pursuant to Article 53(1) of Regulation (EU) 2016/1719.
2. TSOs should not invoke force majeure unless all conditions specified in the definition
of force majeure pursuant to Article 2(2)(u) of the harmonised allocation rules
pursuant to Article 51 of Regulation (EU) 2016/1719 are met.
3. The cap on the total compensation to be paid to all holders of curtailed long-term
transmission rights applies only to the compensation for curtailments to ensure that
operation remains within operational security limits before the day ahead firmness
deadline in accordance with Article 59 of the harmonised allocation rules pursuant to
Article 51 of Regulation (EU) 2016/1719. This cap does not apply to curtailments due
to force majeure before the day ahead firmness deadline in accordance with Article
60 of the harmonised allocation rules pursuant to Article 51 of Regulation (EU)
2016/1719. Since financial transmission rights on the FI-EE bidding zone border
should not be curtailed for operational security reasons in accordance with Article
53(1) of Regulation (EU) 2016/1719, a cap should not be applicable for that bidding
zone border.
This Opinion is addressed to the regulatory authority of Estonia, Konkurentsiamet.
Done at Ljubljana, on 9 April 2025.
- SIGNED -
Fоr the Agency
The Director
C. ZINGLERSEN
1
ACER Decision on the firmness and remuneration costs sharing methodology
(FRC): Annex I
ACER’s preliminary position on the TSOs’ proposal for
amendments to:
Methodology for sharing costs incurred to
ensure firmness and remuneration of
long-term transmission rights (FRC)
in accordance with Article 61 of Commission Regulation (EU)
2016/1719 establishing a guideline on forward capacity allocation
22 March 2023
ACER Decision on the firmness and remuneration costs sharing methodology (FRC): Annex I
2
Contents
Whereas .............................................................................................................................................. 3
TITLE 1 General provisions .............................................................................................................. 6
Subject matter and scope .......................................................................................................... 6
Definitions and interpretation ................................................................................................... 6
TITLE 2 Sharing of remuneration costs ............................................................................................ 7
Sharing of remuneration costs of eligible LTTRs among BZBs of a CCR applying long-term
cNTC-based allocation ................................................................................................................................. 7
Sharing of remuneration costs of eligible LTTRs among BZBs of a CCR applying long-term
flow-based capacity allocation ..................................................................................................................... 8
Sharing of remuneration costs of eligible LTTRs among TSOs on a BZB .............................. 9
TITLE 3 Sharing of compensation costs ........................................................................................... 9
Sharing of compensation costs due to curtailment of LTTRs .................................................. 9
TITLE 4 FINAL PROVISIONS .......................................................................................................... 9
Publication, implementation and revision of the FRC methodology ....................................... 9
Language ................................................................................................................................ 10
ANNEX 1 ......................................................................................................................................... 11
ACER Decision on the firmness and remuneration costs sharing methodology (FRC): Annex I
3
Whereas
(1) This document sets out the methodology for sharing costs incurred to ensure firmness and remuneration
of long-term transmission rights (‘FRC methodology’), developed by all Transmission System
Operators (‘all TSOs) pursuant to Article 61 of Commission Regulation (EU) 2016/1719 establishing a
guideline on forward capacity allocation (‘FCA Regulation’).
(2) On 23 April 2020, all TSOs submitted to ACER their proposed methodology for sharing costs incurred
to ensure firmness and remuneration of long-term transmission rights (‘LTTRs’) in accordance with
Article 61 of the FCA Regulation. On 23 October 2020, ACER approved the TSOs’ proposal with
amendments.1 Following an appeal and remittal of the decision by ACER’s Board of Appeal, 2 ACER
replaced the contested decision with Decision 12/2021.
(3) In a letter dated 12 July 2021, ACER requested all TSOs under Article 4(12) of the FCA Regulation, to
submit, as soon as possible, and no later than 1 June 2022, their proposals for amendments of the four
methodologies listed in Article 4(6), points (c), (d), (e) and (g) of the FCA Regulation for ACER’s
approval. Amending these methodologies, including the FRC methodology, was necessary to allow for
a timely implementation of the long-term flow-based auctions in the Core and Nordic capacity
calculation regions. The European Network of Transmission System Operators for Electricity (‘ENTSO-
E’) asked ACER, on behalf of all TSOs, to postpone the submission date for the relevant proposals, to
which ACER agreed in a letter dated 26 January 2022. The new submission date for the proposed
amendments to the FRC methodology was 1 October 2022.
(4) On 28 September 2022, ENTSO-E, on behalf of all TSOs, submitted for ACER’s approval their proposal
for amendment of the FRC methodology. This document is based on all TSOs’ amendment proposal of
28 September 2022, as amended and approved by ACER.
(5) The FRC methodology applies to all TSOs, with the exception of the following categories of TSOs:
a) TSOs active only on bidding zone borders where regulatory authorities decided that long-term
transmission rights shall not be issued by the respective TSOs or that other long-term cross-zonal
hedging products shall be made available by the respective TSOs, according to Article 30(7) of
FCA Regulation; and,
b) TSOs not commercializing their transmission capacity on the single day-ahead market or the
long-term market.
(6) The FRC methodology takes into account the objectives and principles set out in Regulation (EU)
2019/943 on the internal market for electricity (‘Regulation (EU) 2019/943’).
(7) The FRC methodology takes into account and is consistent with the methodology for sharing the costs
of redispatching and countertrading in single day-ahead and intraday coupling adopted under Article 74
of Commission Regulation (EU) 2015/1222 establishing a guideline on capacity allocation and
congestion management (‘CACM Regulation’).
(8) The FRC methodology is also consistent with the methodologies for sharing congestion income under
Article 57 of the FCA Regulation and Article 73 of the (‘FCA CIDM’ and ‘CACM CIDM’,
1 Decision 25/2020 (contested decision) of 23 October 2020. 2 Decision A-009-2020 of 19 April 2021.
ACER Decision on the firmness and remuneration costs sharing methodology (FRC): Annex I
4
respectively). All three methodologies consider the distribution of day-ahead congestion income in
accordance with Article 73 of the CACM Regulation.
(9) The FRC methodology takes into account the objectives and principles set out in the FCA Regulation,
and is consistent with other methodologies based on the FCA Regulation.
(10) The FCA Regulation aims to coordinate and harmonise forward capacity calculation and allocation in
the long-term capacity markets. It sets requirements for the TSOs to cooperate on a pan-European level,
within capacity calculation regions (‘CCRs’) and across bidding zone borders. Chapter 5 of the FCA
Regulation provides for establishing European harmonised allocation rules for long-term transmission
rights, including regional and bidding zone border specific requirements (‘HAR’). Minimum content
requirements for the HAR are specified in Article 52(2) of the FCA Regulation. In addition, Article 49
and Article 59 of the FCA Regulation provide for the establishment, functioning and cost sharing of the
Single Allocation Platform for long-term capacity allocation (‘SAP’). The FCA Regulation also sets out
rules for establishing capacity calculation methodologies based on either the flow-based approach (‘FB
approach’) or the coordinated net transmission capacity approach (‘cNTC approach’). The FRC
methodology covers sharing of LTTR’s firmness and remuneration costs under both approaches.
(11) Sharing of congestion income pursuant to the CACM CIDM and the FCA CIDM applies at the CCR
level. Therefore, sharing of costs incurred to ensure firmness and remuneration of LTTRs must be
carried out at the same geographical level, i.e. at the level of CCR. Furthermore, in each market time
unit (‘MTU’) as used for the day-ahead capacity calculation, the final congestion income distributed to
each TSO according to the CACM CIDM may not become negative. This is to ensure revenue adequacy
of each TSO, as stipulated in the CACM CIDM.
(12) Congestion income shared pursuant to the FCA CIDM and the CACM CIDM also includes congestion
income generated by the allocation of LTTRs. Most of the LTTRs is subject to remuneration (i.e. the
non-nominated physical transmission rights or the financial transmission rights) and the TSOs have the
obligation to remunerate the holders of those rights in accordance with Article 35 of the FCA Regulation.
Thus, in a situation where LTTRs have been issued in a CCR, the costs of remuneration of those LTTRs
should be borne by the same TSOs which receive the congestion income in the day-ahead timeframe
that is generated by the capacity corresponding to those LTTRs.
(13) The remuneration of LTTRs is in the scope of the FRC methodology and includes situations where the
remuneration of LTTRs exceeds the total congestion income generated in a respective MTU by day-
ahead and long-term capacity allocation at the level of a bidding zone border pursuant to the CACM
CIDM and the FCA CIDM.
(14) The following recitals provide a description of the expected impact of the FRC methodology on the
objectives of the FCA Regulation, as required by Article 4(8) of the FCA Regulation. These objectives
are listed in Article 3, points (a)-(g), of the FCA Regulation.
(15) According to Article 3(a), the FCA Regulation aims at promoting effective long-term cross-zonal trade
with long-term cross-zonal hedging opportunities for market participants. The FRC methodology serves
this objective as it lays down objective criteria and solutions for the sharing of costs to be applied by all
involved TSOs, thus creating a solid basis for European cost sharing principles applied at the CCR level.
(16) According to Article 3(b), the FCA Regulation aims at optimising the allocation of long-term cross-
zonal capacity. The FRC methodology is consistent with this objective because it takes into account the
results of the long-term capacity calculation methodology in accordance with Article 10 of the FCA
ACER Decision on the firmness and remuneration costs sharing methodology (FRC): Annex I
5
Regulation and Article 21 of the CACM Regulation, including the provisions and limitations related to
secure system operation.
(17) According to Article 3(c) and Article 3(e), the FCA Regulation aims at providing non-discriminatory
access to long-term cross-zonal capacity and respecting the need for a fair and orderly forward capacity
allocation and orderly price formation. The FRC methodology also promotes these objectives because
it ensures full remuneration and firmness of LTTRs as required by the FCA Regulation. Consequently,
it is compliant with the HAR.
(18) According to Article 3(d), the FCA Regulation aims at ensuring fair and non-discriminatory treatment
of TSOs, ACER, regulatory authorities and market participants. The FRC methodology ensures fair and
non-discriminatory treatment of all affected parties, because it sets out cost sharing keys that are based
on objective and fair principles. The process of developing the FRC methodology is transparent and
allows for equal involvement of the TSOs, ACER, regulatory authorities and market participants.
(19) According to Article 3(f), the FCA Regulation aims at ensuring and enhancing the transparency and
reliability of information on forward capacity allocation. The FRC methodology is in line with this
objective as it provides clear rules and a solid basis for cost sharing in a transparent and reliable way.
The FRC methodology will also be published by the TSOs.
(20) According to Article 3(g), the FCA Regulation aims at contributing to the efficient long-term operation
and development of the electricity transmission system and electricity sector in the Union. The FRC
methodology is consistent with this objective, because it maintains and guarantees the remuneration and
firmness principles established by the FCA Regulation, which facilitate efficient cross-zonal hedging
that is needed for efficient market functioning and price signals.
(21) In conclusion, the FRC methodology contributes to the objectives of forward capacity allocation listed
in Article 3 of the FCA Regulation.
ACER Decision on the firmness and remuneration costs sharing methodology (FRC): Annex I
6
TITLE 1
GENERAL PROVISIONS
Subject matter and scope
1. The FRC methodology determines sharing of the costs incurred to ensure firmness and remuneration of
eligible LTTRs on all bidding zone borders (‘BZBs’) where LTTRs are allocated, in accordance with
Article 61 of the FCA Regulation.
2. The FRC methodology shall apply to the TSOs listed in Annex 1 (hereafter referred to as ‘TSOs’).
3. Where cost sharing considers transmission assets owned by legal entities other than TSOs, these parties
shall be treated in a transparent and non-discriminatory way. The TSOs operating these assets shall
conclude the necessary agreements compliant with the FRC methodology with the relevant transmission
asset owners to contribute to sharing costs incurred to ensure firmness and remuneration of LTTRs on
the operated assets.
4. If costly remedial actions are used to ensure firmness of capacity allocated in the form of LTTRs, the
methodology for redispatching and countertrading pursuant to Article 74(1) of the CACM Regulation
shall apply.
5. Imbalance costs associated with compensating market participants do not occur when LTTRs have been
curtailed before the day-ahead firmness deadline and the holders of curtailed LTTRs are compensated
pursuant to Article 53(2) of the FCA Regulation. Sharing rules for the compensation of costs due to
curtailment of LTTRs are described in Article 6.
Definitions and interpretation
1. For the purpose of the FRC methodology, the definitions in Article 2 of the FCA Regulation, Article 2
of the CACM Regulation, Article 2 of the HAR, Article 2 of the SAP methodology, Article 2 of the
CACM CIDM, Article 2 of Regulation (EU) 2019/943 and Article 2 of Directive (EU) 2019/944 shall
apply.
2. In addition, the following definitions shall apply:
a) ‘eligible LTTRs’ means either non-nominated physical transmission rights or financial
transmission rights; and
b) ‘bidding zone border’ or ‘BZB’ means one or several interconnectors between two bidding zones
having a direct network connection (regardless of whether the interconnector is owned by a TSO
or by another legal entity).
3. In this FRC methodology, unless the context clearly indicates otherwise:
a) the singular also includes the plural and vice versa;
b) the table of contents and headings are inserted for convenience only and do not affect the
interpretation of the FRC methodology; and
c) any reference to legislation, regulation, directive, order, instrument, code or any other enactment
shall include any modification, extension or re-enactment of it then in force.
ACER Decision on the firmness and remuneration costs sharing methodology (FRC): Annex I
7
TITLE 2
SHARING OF REMUNERATION COSTS
Sharing of remuneration costs of eligible LTTRs among BZBs of a CCR applying long-term cNTC-based allocation
1. The TSOs shall pay the remuneration costs of eligible LTTRs to the LTTR holders on a given BZB and
MTU, in case the price difference is positive in the direction of the LTTR, in accordance with Article 35
of the FCA Regulation and the HAR. The remuneration costs of eligible LTTRs in the CCRs which apply
cNTC approach for long-term capacity allocation shall be covered in four consecutive steps determined
in paragraphs (2) to (5) below.
2. In the first step, the remuneration costs of eligible LTTRs on a given BZB and MTU shall be covered by
the day-ahead congestion income1 assigned to that BZB and MTU. If the resulting day-ahead congestion
income on a given BZB and MTU remains positive after this step, it constitutes the ’remaining income’
for the purpose of paragraph (3).
3. In the second step, the remuneration costs of eligible LTTRs on a given BZB and MTU that were not
covered by the day-ahead congestion income pursuant to paragraph (2) shall be covered as follows:
a) In CCRs which apply the flow-based approach for the day-ahead capacity allocation and cNTC-
based approach for the long-term capacity allocation, the remuneration costs on a given BZB and
MTU, which were not covered by the day-ahead congestion income pursuant to paragraph (3),
shall be covered by all BZBs in the respective CCR with the use of the remaining income and in
proportion to the remaining income on these BZBs. If the costs to be shared in such a way exceed
the total remaining income on all BZBs in a CCR, these shared costs on a given BZB and MTU
shall be decreased proportionally to match the total remaining income on all BZBs of the CCR;
b) In CCRs which apply cNTC approach for both day-ahead and long-term capacity allocation, the
remuneration costs on an interdependent BZB and MTU, which were not covered by the day-
ahead congestion income pursuant to paragraph (3), shall be covered by all interdependent BZBs
in the respective CCR with the use of the remaining income and in proportion to the remaining
income on these interdependent BZBs. If the costs to be shared in such a way exceed the total
remaining income on all interdependent BZBs in a CCR, these shared costs on a given
interdependent BZB and MTU shall be decreased proportionally to match the total remaining
income on all interdependent BZBs in the CCR. The list of interdependent BZBs and the TSOs
(or related parties) of those BZBs for each CCR applying the cNTC approach in the day-ahead
capacity calculation shall be published in a common document by ENTSO-E on its web page for
information purposes. The document shall be updated and published promptly as soon as any
changes occur. Each publication shall be announced in an ENTSO-E’s newsletter and on the
website of the SAP.
In this step, the BZBs which do not issue LTTRs shall not be considered in sharing of the remuneration
costs. Day-ahead congestion income for that MTU which remains after this step shall be distributed in
accordance with Article 73 of CACM Regulation.
1 Including the income resulting from day-ahead fallback procedures.
ACER Decision on the firmness and remuneration costs sharing methodology (FRC): Annex I
8
4. In the third step, the remuneration costs of eligible LTTRs on a given BZB and MTU that were not
covered pursuant to paragraphs (2) and (3) shall be covered by the long-term congestion income
generated on that BZB and MTU. The costs of LTTRs which are returned and remunerated in accordance
with Article 43 of the FCA Regulation shall be considered as negative congestion income. Long-term
congestion income on that BZB and MTU that remains after this step shall be distributed in accordance
with Article 57 of FCA Regulation.
5. In the fourth step, the remuneration costs of eligible LTTRs on a given BZB and MTU that were not
covered pursuant to paragraphs (2) to (4) shall be covered by any other congestion income (e.g. from
other MTUs, intraday timeframe etc.) assigned to the TSOs on that BZB and, eventually, by any other
financial resources of a TSO responsible for that BZB, in accordance with Article 5.
6. In case that the single day-ahead coupling process is unable to produce results for at least one BZB, i.e.
the fallback procedures are triggered, as approved in accordance with Article 44 of the CACM
Regulation, the second step described in paragraph (3) does not apply on the decoupled BZBs.
Sharing of remuneration costs of eligible LTTRs among BZBs of a CCR applying long-term flow-based capacity allocation
1. The TSOs shall pay the remuneration costs of eligible LTTRs to the LTTR holders on a given BZB and
MTU, in case the price difference is positive in the direction of the LTTR, in accordance with Article 35
of the FCA Regulation and the HAR. These remuneration costs of eligible LTTRs in the CCRs which
apply flow-based approach for long-term capacity allocation shall be covered in three consecutive steps
determined in paragraphs (2) to (4) below.
2. In the first step, the remuneration costs of eligible LTTRs of a given CCR and MTU shall be aggregated
at the CCR level. The day-ahead congestion income generated in that CCR and MTU shall as well be
aggregated at CCR level. The aggregated remuneration costs of eligible LTTRs of the given CCR and
MTU shall be covered by the day-ahead congestion income generated in that CCR and MTU. Any
aggregated day-ahead congestion income in that CCR and MTU that remains after this step shall be
distributed in accordance with Article 73 of CACM Regulation.
3. In the second step, any aggregated remuneration costs of eligible LTTRs in a given CCR and MTU
remaining after the first step shall be covered by the aggregated long-term congestion income generated
in that CCR and MTU. The costs of LTTRs which are returned and remunerated in accordance with
Article 43 of the FCA Regulation shall be considered as negative congestion income in the aggregated
long-term congestion income generated in that CCR and MTU. Any aggregated long-term congestion
income in that CCR and MTU that remains after this step shall be distributed in accordance with Article
57 of FCA Regulation.
4. In the third step, any aggregated remuneration costs of eligible LTTRs in a given CCR and MTU
remaining after the second step shall be allocated to individual bidding zone borders. This allocation is
proportional to the distribution of day-ahead gross congestion income to the BZBs of that CCR and MTU
in accordance with Article 73 of CACM Regulation. Those remaining costs allocated to individual BZBs
shall be covered by any other congestion income assigned to the TSOs on that BZB and, eventually, by
any other financial resources of the TSOs responsible for that BZB.
5. In the CCRs where LTTRs are not issued at all BZBs, the aggregation of congestion income pursuant to
paragraphs (2) and (3) shall not consider those BZBs which do not issue LTTRs. In CCRs where LTTRs
are issued on all BZBs, the aggregation of congestion income pursuant to paragraphs (2) and (3) shall
ACER Decision on the firmness and remuneration costs sharing methodology (FRC): Annex I
9
consider all BZBs, including external borders for which external flows can re-enter the relevant CCR
within the same slack hub.
6. In case that single day-ahead coupling process is unable to produce results for at least one BZB, i.e. the
fallback procedures are triggered, as approved in accordance with Article 44 of the CACM Regulation,
the remuneration costs of eligible LTTRs of that BZB shall be assigned to the affected BZB only, and
remuneration costs shall be covered by any other congestion income assigned to the TSOs on that BZB
and, eventually, by any other financial resources of the TSOs responsible for that BZB. Any aggregation
step as described in paragraphs (2) to (4) is not applicable in this case.
Sharing of remuneration costs of eligible LTTRs among TSOs on a BZB
Costs of remuneration of LTTRs resulting from Article 3 or Article 4(5) attributed to a particular BZB shall
be shared among the TSOs on that BZB according to the sharing keys defined in the FCA CIDM for that
BZB.
TITLE 3
SHARING OF COMPENSATION COSTS
Sharing of compensation costs due to curtailment of LTTRs
1. In case the curtailment of LTTRs occurs to ensure that the operation remains within operational security
limits prior to the day-ahead firmness deadline, the compensation costs arising from the application of
that curtailment shall be shared at the BZB level by the same sharing key as defined in Article 5 unless
involved parties, as referred to in Article 1(2), have made specific cost sharing arrangements.
2. In case curtailment of LTTRs occurs due to force majeure or an emergency situation after the day-ahead
firmness deadline, the compensation costs arising from the application of that curtailment shall be shared
according to the provisions set out in Article 72 of the CACM Regulation.
3. Compensation costs resulting from the curtailment of LTTRs can be subject to a cap applied to the
compensations on a specific BZB, as specified in the relevant annexes to the HAR for LTTRs.
TITLE 4
FINAL PROVISIONS
Publication, implementation and revision of the FRC methodology
1. The TSOs shall publish the FRC methodology without undue delay after a decision has been taken by
ACER in accordance with Article 5(2)(b) of Regulation (EU) 2019/942.
2. The TSOs of each CCR shall implement the FRC methodology at the date of implementation of the long-
term capacity calculation methodology within their respective CCR in accordance with Article 10 of the
FCA Regulation and the FCA CIDM.
3. This FRC methodology shall be revised and amended when the FCA CIDM is changed, where this is
necessary for consistency according to Article 61(3) of the FCA Regulation.
ACER Decision on the firmness and remuneration costs sharing methodology (FRC): Annex I
10
4. Notwithstanding paragraph (3), if congestion income assigned to the BZB according to the FCA CIDM
is not be calculated in accordance with the CACM CIDM, the FRC methodology shall be adapted
accordingly.
Language
The reference language for this FRC methodology shall be English. For the avoidance of doubt, where TSOs
need to translate the FRC methodology into their national language(s), in the event of inconsistencies between
the English version published by TSOs in accordance with Article 4(13) of the FCA Regulation and any
version in another language, the relevant TSOs shall, in accordance with national legislation, provide the
relevant regulatory authorities with an updated translation of the FRC methodology.
ACER Decision on the firmness and remuneration costs sharing methodology (FRC): Annex I
11
ANNEX 1
List of TSOs subject to the FRC methodology:
1. 50Hertz - 50Hertz Transmission GmbH
2. Amprion - Amprion GmbH
3. APG - Austrian Power Grid AG
4. BCAB - Baltic Cable AB
5. ČEPS - ČEPS a.s.
6. EirGrid - EirGrid plc
7. Elering - Elering AS
8. ELES - ELES, d.o.o.
9. Elia - Elia Transmission Belgium S.A.
10. Energinet - Energinet
11. ESO – Electroenergien Sistemen Operator EAD
12. Fingrid - Fingrid OyJ
13. HOPS d.d. - Croatian Transmission System Operator Plc
14. IPTO - Independent Power Transmission Operator S.A.
15. MAVIR ZRt. - MAVIR Magyar Villamosenergia-ipari Átviteli Rendszerirányító Zártkörűen
Működő Részvénytársaság ZRt.
16. PSE - Polskie Sieci Elektroenergetyczne S.A.
17. REE - Red Eléctrica de España S.A.
18. REN - Rede Eléctrica Nacional, S.A.
19. RTE - Réseau de Transport d'Electricité S.A.
20. SEPS - Slovenská elektrizačná prenosovú sústava, a.s.
21. SONI - System Operator for Northern Ireland Ltd
22. TenneT GER - TenneT TSO GmbH
23. TenneT TSO - TenneT TSO B.V.
24. Terna - Terna S.p.A.
25. Transelectrica - Compania Nationala de Transport al Energiei Electrice S.A.
26. TransnetBW - TransnetBW GmbH
Tatari 39 / 10134 Tallinn / 667 2400 / [email protected] / Registrikood 70000303
Viljar Kirikal
AS Alexela
Teie: 05.09.2025
Meie: 12.09.2025 nr 1-6/2025-081-6
Kiri edastatud digitaalselt aadressil: [email protected]
Teabenõude osalisest täitmisest ja ärisaladuse eemaldamisest
Lugupeetud Viljar Kirikal
05.09.2025 registreeriti Konkurentsiametis Teie teabenõue, mille kohaselt soovisite, et amet
väljastaks Teile Konkurentsiameti ja Elering AS-i, Fingrid Oyj-i, Euroopa Liidu
Energeetikasektorit Reguleerivate Asutuste Koostöö Ameti (ACER) ning Energiavirasto
vahelise kirjavahetuse alates 01.01.2025, mis puudutab rahalisi ülekandeõiguseid (ingl
financial transmissioon rights, FTR).
Avaliku teabe seaduse (AvTS) § 3 lõike 1 järgi on avalik teave mis tahes viisil ja mis tahes
teabekandjale jäädvustatud ja dokumenteeritud teave, mis on saadud või loodud seaduses või
selle alusel antud õigusaktides sätestatud avalikke ülesandeid täites.
Teabevaldaja (käesoleval juhul Konkurentsiamet) on kohustatud võimaldama juurdepääsu tema
valduses olevale teabele seaduses sätestatud korras (AvTS § 4 ja 9). AvTS § 38 lõike 2 kohaselt,
kui teabele juurdepääsu võimaldamine võib põhjustada juurdepääsupiiranguga teabe avalikuks
tulemise, siis tagatakse juurdepääs üksnes sellele osale teabest või dokumendist, mille kohta
juurdepääsupiirangud ei kehti.
Avaliku teabe seaduse (AvTS) § 23 lg 1 p 1 alusel teabevaldaja keeldub teabenõude täitmisest,
kui taotletava teabe suhtes kehtivad juurdepääsupiirangud ja teabenõudjal ei ole taotletavale
teabele juurdepääsuõigust. AvTS § 23 lg 3 alusel teeb teabevaldaja teabenõude täitmisest
keeldumise koos põhjendusega teabenõudjale teatavaks viie tööpäeva jooksul.
AvTS § 35 lg 1 p 17 alusel teabevaldaja on kohustatud tunnistama asutusesiseseks kasutamiseks
mõeldud teabeks teabe, mille avalikustamine võib kahjustada ärisaladust (ärisaladusest allpool
pikemalt).
Tulenevalt AvTS § 4 ja 9 vastame teabenõudele osaliselt ning edastame Teile käesoleva kirjaga
Konkurentsiameti ja Energiavirasto FTRe puudutava kirjavahetuse alates 01.01.2025 (Lisa 1).
Lisaks märgime, et Konkurentsiameti ja Fingrid Oyj-i vahel ei ole alates 01.01.2025 FTRe
puudutavat kirjavahetust toimunud.
Konkurentsiamet selgitab, et konkurentsiseaduse § 63 lg 2 järgi ei ole Konkurentsiameti
ametnikul õigust avaldada teistele isikutele ega avalikustada ettevõtja nõusolekuta ärisaladusi.
2 (3)
Lähtudes eeltoodust, keeldub Konkurentsiamet osaliselt teabenõude täitmisest AvTS § 23 lg 1
p 1 ja § 23 lg 3 alusel, mis puudutab Elering AS-i ja ACERi kirjavahetuste edastamist.
Konkurentsiamet selgitab, et tegemist ei ole teabenõudega, mida on võimalik täita viie
tööpäeva jooksul. Amet on pöördunud taotlusega Elering AS-i ja ACERi poole alates
01.01.2025 toimunud FTRe puudutavates kirjavahetustes ärisaladuse eemaldamiseks ning
ootab vastuseid hiljemalt 23.09.2025. Pärast seda väljastab Konkurentsiamet Teile küsitud
kirjavahetused, millest on ärisaladus välja jäetud. Vaidluste tekkimisel Elering AS-iga ja/või
ACERiga või kui eeltoodud osapooled esitavad põhistatud taotluse eelpool nimetatud tähtaja
pikendamiseks võib dokumendi edastamine viibida.
Lugupidamisega
(allkirjastatud digitaalselt)
Marilin Tilkson
energiaturgude osakonna juhataja
Lisa:
1. Konkurentsiameti ja Energiavirasto vaheline FTRe puudutav kirjavahetus alates
01.01.2025.
Armin Ilisson
667 2437
Ärisaladusest:
Ebaausa konkurentsi takistamise ja ärisaladuse kaitse seaduse § 5 lg 2 alusel on ärisaladus
teave, mis vastab järgmistele tingimustele:
1) see ei ole kogumis või üksikosade täpses paigutuses ja kokkupanus üldteada või kergesti
kättesaadav nende ringkondade isikutele, kes tavaliselt kõnealust laadi teabega tegelevad;
2) sellel on kaubanduslik väärtus oma salajasuse tõttu ja
3) selle üle seaduslikku kontrolli omav isik on asjaoludest lähtuvalt võtnud vajalikke meetmeid,
et hoida seda salajas.
Konkurentsiamet on praktikas lugenud ärisaladuseks:
Ärisaladuseks võib olla tehnilist laadi teave, mis puudutab oskusteavet, tootmissaladuste
ja -protsesside kirjeldused, tehnoloogilised uuendused jms. Samuti loetakse ärisaladuseks
kaubanduslikku laadi teavet, nagu teave kulude hindamise metoodika, tarneallikate, ostumüügi
mahtude, turuosade, klientide ja edasimüüjate, äri- ja turundusplaanide, kulu- ja
3 (3)
hinnastruktuuride ning müügistrateegia ja strateegiliste otsuste kohta. Ka finantsalane teave
võib olla ärisaladuseks, eelkõige puudutab see finantsarvestuslikke andmeid, mis ei tulene
majandusaasta aruandest, näiteks konkreetse ettevõtte käitamisega seotud finantsandmed,
vabade rahaliste vahendite hulk teatud ajahetkel.
Ärisaladusena kaitstav teave peab olema spetsiifiline, nagu hinnakujundus, äristrateegiad,
lepingutingimused ja kliendinimekirjad, kui need on ettevõtja jaoks kriitilise tähtsusega ja
nende avalikustamine võiks tekitada ettevõtjale majanduslikku kahju. Regulaatori ülesandeid
täites on Konkurentsiamet lugenud ärisaladuseks näiteks teabe ettevõtja reguleeritud varade
hulga suurenemise ja investeeringute jaotuse kohta.
| Nimi | K.p. | Δ | Viit | Tüüp | Org | Osapooled |
|---|---|---|---|---|---|---|
| Väljaminev kiri | 29.09.2025 | 1 | 1-6/2025-081-9 | Väljaminev kiri | ka | AS Alexela |
| Sissetulev kiri | 09.09.2025 | 1 | 1-6/2025-081-3 | Sissetulev kiri | ka | AS Alexela |
| Väljaminev kiri | 09.09.2025 | 1 | 1-6/2025-081-2 | Väljaminev kiri | ka | AS Alexela |
| Sissetulev kiri | 05.09.2025 | 3 | 1-6/2025-081-1 | Sissetulev kiri | ka | Alexela |
| Sissetulev kiri | 05.08.2025 | 1 | 7-1/2025-308-1 🔒 | Sissetulev kiri | ka | Eesti Energia AS |
| Sissetulev kiri | 05.08.2025 | 1 | 7-1/2025-308-2 🔒 | Sissetulev kiri | ka | Elering AS |