Negative prices at Belpex Invoicing process 1
Qualify each transaction realized on Belgian Hub
08/10/2010
Aggregate transactions per qualification
3
Determine process for billing
Identify case based on MCP
Aggregate transactions per qualification including variable fee
Based on sign of TB and type of participant “Invoice” process or “Selfbill” process
4 qualifications: offtake/delivery at positive/negative price
Taxable Basis (TB) calculated based on aggregated values: + or -
Documents justifying the payment to/to be received from Participant
Process
Output
2
72