Building a fair, transparent and competitive natural gas market
GRTgaz conducts its business within a regulated framework.
European directives and regulations establish the conditions for accessing gas infrastructures. These are then transposed into the national laws of each European Union member state.
In France, an independent authority, the Energy Regulatory Commission (CRE), ensures the smooth running of the natural gas market.
A public service mission
GRTgaz's network plays a strategic role in securing the country's energy supply. It has to be able to cope with an increase in delivery volumes during extremely cold weather. This public service obligation is partly responsible for determining where it targets investment.
Transmission tariffs are proposed by the CRE, which submits them to the government for approval. They are calculated so as to cover operating costs and compensate investments. Each year, GRTgaz submits its investment programme to the CRE for approval.
The next natural gas transmission system tariff will apply as of April 1, 2017 for a period of four years from 2017 to 2021.
Code of Conduct
In order to ensure fair competition, the GRTgaz Code of Conduct guarantees its customers:
- transparency, giving all network users access to the same information,
- non-discrimination, by ensuring equal treatment for all users,
- the confidentiality of commercially sensitive information (CSI).
The transposition of the 3rd European Directive on the internal market in natural gas will strengthen the independence of transmission system operators.
GRTgaz is preparing to become a certified Independent Transmission Operator (ITO) in 2012.