Transparency Platform for the Danish Gas Market by Jeppe Danø
Introduction/ background • DERA’s analyse of structural problem s in the Danish part of the North Sea (20 11) Lack of transparency and asymmetric information • Between asset owners in the upstream sector and other participants on the • Danish wholesale market for gas • REMIT Disclosure of market price relevant information in an effective and timely • manner
Phase I • Establishing a joint web platform For timely disclosure of market relevant and potentially price influencing • information Easy to handle, easy to understand • • Trustworthy by m arket actors Participants: DERA, Energinet.dk (TSO), Nord Pool Gas and Upstream • companies (Maersk Oil and Gas, DONG, DONG E&P, Nordsøfonden and Shell partly) Voluntary participation • The platform went live in October 2012 • For more information: https:/ / gasmarketmessage.dk/ •
Phase II • Im prove the platform Market actors evaluate phase I after 6 months, and any amandent of the • platform will be incorporated • Extend the Upstream Transparency Project to: Storage • Shippers • • Mandatory platform DERA expect to make the joint web platform mandatory for the market actors • on the Danish wholesale market in 2013
Screenshots of: Website Gas Market Message
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