Market Access

FEES

On a yearly basis, GME determines the extent of the fees to be charged to MGAS participants for the services provided.

The current fees are as follows:

1. an access fee (on a one-time basis) of Euro € 0.00;
2. a yearly fixed fee of Euro € 0.00;
3. a fee for each MWh traded of Euro € 0.01.
4. a fee applied in the event of submission of a request for cancellation of transactions, equal to:
   1. € 1,000.00 per request, if the number of cancellation requests in the previous 12 months does not exceed 1;
   2. € 2,000.00 per request, if the number of cancellation requests in the previous 12 months is higher than one, but lower than or equal to 3;
   3. € 5,000.00 per request, if the number of cancellation requests in the previous 12 months is higher than 3.

MGAS participants qualifying also as Electricity Market Participants are not required to pay the access fee to GME.

Beginning on 1 October 2024, for the services of reporting to ACER the data and information referred to in Article 9, para. 9.5 of the Natural-Gas Market Rules, market participants will also pay:

1. a yearly fixed fee (OMPR MGAS) of Euro 300.00;
2. a variable fee (records-based fee), which is determined in compliance with Commission Decision (EU) 2020/2152 of 17 December 2020 and which depends on the number of records transmitted to ACER in the previous year.

This fee is calculated on the basis of the records of all the operations referred to in article 3, para. 1 a) of Commission Implementing Regulation (EU) No 1348/2014 that each market participant has carried out by relying on a specific Organised Marketplace (OMP). The amount of the records-based fee – determined for each year on the basis of the records transmitted to ACER in the previous year – is up- or down-adjusted by an amount equal to the difference between the latter and the records-based fee, as determined on the basis of the records actually transmitted to ACER in each year

The amount to be paid for this variable fee is calculated according to the ranges shown in the following table:

The records-based fee is calculated for each market participant, under the criteria identified by the European Commission as indicated above, and charged to the same market participant after adding VAT, where chargeable.