Belgian-Luxembourg gas market integration operated by Balansys as from 1 June 2020
Belgian regulator CREG and Luxembourg regulator ILR approved all regulatory documents (Balancing Agreement, Balancing Code and Balancing Program) related to Balansys, the joint undertaking founded by Creos Luxembourg and Fluxys Belgium in order to act as market-based balancing operator for the BeLux area.
Following this approval, Balansys accepted the delegation of the market-based balancing activity from Fluxys Belgium as from 1 June 2020 and will become, as from that date, the Balancing Operator in the BeLux area.
Your access to the Fluxys Belgium and Creos Luxembourg Transmission Services is our priority, therefore:
- the Balancing Agreement (BA) has to be signed with Balansys,
- a revised Standard Transmission Agreement (STA) has to be signed with Fluxys Belgium and/or a revised Contrat Cadre Fournisseur (CCF) has to be signed with Creos Luxembourg.
This revised STA/CCF will entirely replace the previously signed STA/CCF, as from 1 June 2020.