German federal regulator Bundesnetzagentur (ref BK7-11-003) has
provided that the market area manager may levy a fee for use of its
Virtual Trading Point for periods beginning on or after 1 October 2011.
The VTP fee is charged for each nominated transfer of gas quantities at
the Virtual Trading Point, and is invoiced both to the disposing
balancing group manager and to the acquiring balancing group manager.
to the regulator's decision, the market area manager is required to set
the fee at a level that enables it to recover the direct and indirect
costs it incurs in connection with its Virtual Trading Point. The VTP
fee is set annually with effect from 1 October of each year and applies
for a period of 12 months, respectively.