Objectives of forward capacity allocation
Article 3
This Regulation aims at: (a) promoting effective long-term cross-zonal trade with long-term cross-zonal hedging opportunities for market participants; (b) optimising the calculation and allocation of long-term cross-zonal capacity; (c) providing non-discriminatory access to long-term cross-zonal capacity; (d) ensuring fair and non-discriminatory treatment of TSOs, the Agency, regulatory authorities and market participants; (e) respecting the need for a fair and orderly forward capacity allocation and orderly price formation; (f) ensuring and enhancing the transparency and reliability of information on forward capacity allocation; (g) contributing to the efficient long-term operation and development of the electricity transmission system and electricity sector in the Union.