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Article

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17

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Assets,

...

equipment,

...

staff

...

and

...

identity

...

1.

...

Transmission

...

system

...

operators

...

shall

...

be

...

equipped

...

with

...

all

...

human,

...

technical,

...

physical

...

and

...

financial

...

resources

...

necessary

...

for

...

fulfilling

...

their

...

obligations

...

under

...

this

...

Directive

...

and

...

carrying

...

out

...

the

...

activity

...

of

...

electricity

...

transmission,

...

in

...

particular:

...

(a)

...

assets

...

that

...

are

...

necessary

...

for

...

the

...

activity

...

of

...

electricity

...

trans­

...

mission,

...

including

...

the

...

transmission

...

system,

...

shall

...

be

...

owned

...

by

...

the

...

transmission

...

system

...

operator;

...

(b)

...

personnel,

...

necessary

...

for

...

the

...

activity

...

of

...

electricity

...

transmis­

...

sion,

...

including

...

the

...

performance

...

of

...

all

...

corporate

...

tasks,

...

shall

...

be

...

employed

...

by

...

the

...

transmission

...

system

...

operator;

...

(c)

...

leasing

...

of

...

personnel

...

and

...

rendering

...

of

...

services,

...

to

...

and

...

from

...

any

...

other

...

parts

...

of

...

the

...

vertically

...

integrated

...

undertaking

...

shall

...

be

...

prohibited.

...

A

...

transmission

...

system

...

operator

...

may,

...

how­

...

ever,

...

render

...

services

...

to

...

the

...

vertically

...

integrated

...

undertaking

...

as

...

long

...

as:

...

(i)

...

the

...

provision

...

of

...

those

...

services

...

does

...

not

...

discriminate

...

between

...

system

...

users,

...

is

...

available

...

to

...

all

...

system

...

users

...

on

...

the

...

same

...

terms

...

and

...

conditions

...

and

...

does

...

not

...

restrict,

...

dis­

...

tort

...

or

...

prevent

...

competition

...

in

...

generation

...

or

...

supply;

...

and

...

(ii)

...

the

...

terms

...

and

...

conditions

...

of

...

the

...

provision

...

of

...

those

...

ser­

...


vices

...

are

...

approved

...

by

...

the

...

regulatory

...

authority;

...

(d)

...

without

...

prejudice

...

to

...

the

...

decisions

...

of

...

the

...

Supervisory

...

Body

...

under

...

Article

...

20,

...

appropriate

...

financial

...

resources

...

for

...

future

...

investment

...

projects

...

and/or

...

for

...

the

...

replacement

...

of

...

existing

...

assets

...

shall

...

be

...

made

...

available

...

to

...

the

...

transmission

...

system

...

operator

...

in

...

due

...

time

...

by

...

the

...

vertically

...

integrated

...

undertaking

...

following

...

an

...

appropriate

...

request

...

from

...

the

...

transmission

...

sys­

...

tem

...

operator.

...


2.

...

The

...

activity

...

of

...

electricity

...

transmission

...

shall

...

include

...

at

...

least

...

the

...

following

...

tasks

...

in

...

addition

...

to

...

those

...

listed

...

in

...

Article

...

12:

...

(a)

...

the

...

representation

...

of

...

the

...

transmission

...

system

...

operator

...

and

...

contacts

...

to

...

third

...

parties

...

and

...

the

...

regulatory

...

authorities;

...

(b)

...

the

...

representation

...

of

...

the

...

transmission

...

system

...

operator

...

within

...

the

...

European

...

Network

...

of

...

Transmission

...

System

...

Operators

...

for

...

Electricity

...

(ENTSO

...

for

...

Electricity);

...

(c)

...

granting

...

and

...

managing

...

third-party

...

access

...

on

...

a

...

non

...

-

...

discriminatory

...

basis

...

between

...

system

...

users

...

or

...

classes

...

of

...

sys­

...

tem

...

users;

...

(d)

...

the

...

collection

...

of

...

all

...

the

...

transmission

...

system

...

related

...

charges

...

including

...

access

...

charges,

...

balancing

...

charges

...

for

...

ancillary

...

ser­

...

vices

...

such

...

as

...

purchasing

...

of

...

services

...

(balancing

...

costs,

...

energy

...

for

...

losses);

...

(e)

...

the

...

operation,

...

maintenance

...

and

...

development

...

of

...

a

...

secure,

...

efficient

...

and

...

economic

...

transmission

...

system;

...

(f)

...

investment

...

planning

...

ensuring

...

the

...

long-term

...

ability

...

of

...

the

...

system

...

to

...

meet

...

reasonable

...

demand

...

and

...

guaranteeing

...

secu­

...

rity

...

of

...

supply;

...

(g)

...

the

...

setting

...

up

...

of

...

appropriate

...

joint

...

ventures,

...

including

...

with

...

one

...

or

...

more

...

transmission

...

system

...

operators,

...

power

...

exchanges,

...

and

...

the

...

other

...

relevant

...

actors

...

pursuing

...

the

...

objec­

...

tives

...

to

...

develop

...

the

...

creation

...

of

...

regional

...

markets

...

or

...

to

...

facili­

...

tate

...

the

...

liberalisation

...

process;

...

and

...

(h)

...

all

...

corporate

...

services,

...

including

...

legal

...

services,

...

accountancy

...

and

...

IT

...

services.

...

3.

...

Transmission

...

system

...

operators

...

shall

...

be

...

organised

...

in

...

a

...

legal

...

form

...

as

...

referred

...

to

...

in

...

Article

...

1

...

of

...

Council

...

Directive
68/151/EEC

...

.

4. The transmission system operator shall not, in its corporate identity, communication, branding and premises, create confu­ sion in respect of the separate identity of the vertically integrated undertaking or any part thereof.

5. The transmission system operator shall not share IT systems or equipment, physical premises and security access systems with any part of the vertically integrated undertaking nor use the same consultants or external contractors for IT systems or equipment, and security access systems.

6. The accounts of transmission system operators shall be audited by an auditor other than the one auditing the vertically integrated undertaking or any part thereof.

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