July Insights

We are excited to announce the launch of our fully modernized FCFS Service within the next few weeks! Here are the key changes:

Booking details: To better protect your valuable transaction data, all booking details will be removed from email confirmations. Instead, each booking confirmation email will include a link to the details page of its corresponding transaction on the PRISMA platform.

To view your FCFS bookings for your shipper company, regardless of your user assignment, just follow these steps:

• Log in to your user account.

• Go to “Reporting” > “My Transactions”

• Select Transaction Type “FCFS.”

Transaction emails: Transaction emails will be sent by default only to the shipper user who booked the FCFS capacity. You can also activate the option to receive your company FCFS booking notifications via notification settings.

New role for Receiving all FCFS notifications: To enhance security, we will restrict the distribution of transaction information to platform users only. The "Copy to" functionality will be discontinued. Instead, a new role for operational users will be introduced, allowing them to receive all FCFS notifications regardless of their active assignments. This role will be part of the new PRISMA Authorization Service.

Improved FCFS Wizard as default: The new FCFS wizard will go live soon, and the toggle to switch to the old version will be removed. We have incorporated your feedback and made changes, such as displaying the TSO logo in all steps.

If you have any questions about these changes, please contact our Customer Success Team at helpdesk@prisma-capacity.eu.

TTPC and Transmed will now offer firm transport capacity on a FCFS basis, with new runtimes including:

• Gas Year and multiples thereof

• Calendar Year and multiples thereof

• Quarters of Gas Year 2024/25 (Q4 2024, Q1, Q2, Q3 2025)

• Months of Gas Year 2024/25

• Weeks (7 days Sat-Fri or Sun-Sat) of Gas Year 2024/25

• Week Working Days (5 days Mon-Fri) of Gas Year 2024/25

• Weekends (2 days Sat-Sun) of Gas Year 2024/25

• Days-Ahead of Gas Year 2024/25

Interested parties must be registered on the PRISMA platform and hold a valid assignment to both operators.

If you already have assignments, you might need to submit an updated PoA form and/or Declaration if:

(1) the documents you have submitted do not comply with the provided templates; and/or

(2) your documents have expired or will expire at the time of participation.

We listen to you! Based on your feedback, we have revamped the Comfort Bid creation and editing process. 

The new design incorporates your valuable input and brings several benefits, including better error handling, increased consistency with our other recently refactored wizards like “Regular FCFS,” “Apply for Shipper Role,” and the short-term bidding process.

Some key improvements include:

• validation of trading market and product types in the first step;

• Simplified editing;

The new design will be launched within the next weeks. To ensure a smooth transition, users will have the option to opt out of the new design for the first 3-6 months.

If you have any questions or need further information, please contact our Customer Success Team.

Our premium REMIT Data ReportingService offers an easy solution to send reports to ACER after secondary market transactions. Depending on your choice on the REMIT Order Form, you, as a subscriber, will receive email notifications when a report is ready or sent to ACER.

However, this service only covers secondary market transactions. No action is needed on the shipper’s part for successful primary market bookings or bids. Consequently, you will get no email notification.

To check your company’s subscription status and subscribe to the REMIT Report Service, just log into your account (admins only) and then click on the gear icon > Company Settings (Admin) > Premium Services. The status of each REMIT report can be found in the Reporting Section.

If you do not wish to subscribe to the service but wish to submit a trade proposal, please remember that you take full responsibility for reporting your secondary market transactions.

We are pleased to announce that Gaetano Mazzitelli, Chief Commercial & Regulatory Officer of Snam, will now serve as Chairman. 

He will be supported by Inge Aardse, Manager of Commerce and Regulation at Gasunie Transport Services, and Ulrich Ronnacker, Head of Legal and Regulatory Affairs at Open Grid Europe.

PRISMA’s Managing Director, Götz Lincke shared his enthusiasm about the new Chairs: “I am delighted that the shareholders' board has selected three experienced professionals who share PRISMA’s vision for addressing the future challenges of the energy market with an innovative spirit. I am excited to see how we can develop PRISMA together.”

The new Chairs have assumed their roles immediately and will serve until March 2025. For more information, check out our latest market news article.

Our Managing Director, Götz Lincke, discusses decarbonization and PRISMA's contributing role in it in the latest episode of the Global Tales of Carbon Transition podcast.

Some Key Points:

Efficiency & CO2 Reduction: PRISMA cuts costs and emissions by optimizing transport routes, benefiting both the environment and businesses.
 

Trust & Neutrality: Götz highlights PRISMA's neutral stance, ensuring transparency and trust in advancing decarbonization efforts.
 

Global Collaboration: PRISMA connects organizations globally, fostering partnerships for a sustainable future.
 

For a Greener Future: PRISMA’s AggregateEU mechanism, initially for natural gas and LNG, could be easily used for hydrogen and other energy solutions.

Learn more by listening to the full podcast episode!