Functional requirements
Article 49
1. Within six months after the entry into force of this Regulation, all TSOs shall submit to all regulatory authorities a common proposal for a set of requirements and for the establishment of the single allocation platform. The proposal shall identify different options for the establishment and governance of the single allocation platform, including the development by TSOs or by third parties on their behalf. The proposal by TSOs shall cover the general tasks of the single allocation platform provided for in Article 50 and the requirements for cost recovery in accordance with Article 59. 2. The functional requirements for the single allocation platform shall at least include: (a) the expected bidding zone borders to be covered; (b) the technical availability and reliability of provided services; (c) the operational processes; (d) the products to be offered; (e) the forward capacity allocation time frames; (f) the allocation methods and algorithms; (g) the principles of financial settlement and risk management of allocated products; (h) a harmonised contractual framework with market participants; (i) the data interfaces.