Monitoring report
according to KAP+
On the basis of the tenor number 3 lit. b) of the decision of the Federal Network Agency (BNetzA) of 25 March 2020 on the "Approval of an overbooking and buy-back system of the transmission system operators for the offer of additional capacities in the Germany-wide market area" ("KAP+"; file number: BK7-19-037) in conjunction with Section 27 (1) lit. b), there lit. dd) of the terms and conditions for the balancing group contract, the transmission system operators (TSOs) participating in KAP+ together with the German market area manager (MAM), Trading Hub Europe GmbH (THE GmbH), prepare an annual monitoring report on the use of market-based instruments (MBI) and the capacity buy-back. The annual monitoring report describes the use of MBIs and capacity buy-backs in the Trading Hub Europe (THE) market area in the previous gas year (GY).