Procedure for constitution of strategic reserve for winter 2021-2022
Topic
In anticipation of an instruction by the Minister to constitute a given volume of Strategic Reserve in accordance with article 7 quater of the Electricity Law, Elia launches a public consultation on the "Procedure for Constitution of Strategic Reserve" for an entry into force at the latest on February 15th, 2021.
Context
After the consultation period, Elia will gather all the remarks and feedbacks from the market parties. After review of these comments, Elia will integrate them into a Consultation Report together with Elia’s answers. Next to the Consultation Report, Elia will also publish these remarks and feedback of market participants (including names) on Elia's website, except if explicitly mention that the contribution should be considered confidential.
Elia will present its answers in the next Task Force "Implementation Strategic Reserves".
Period
This consultation aims to receive any comments of market participants. The consultation period is set from Friday 11 December 2020 to Friday 22 January 2021, 6:00pm.