Transcript Slide 1

Florence Forum
27-28 November 2014
2.1.1. Adoption of Regulation on Capacity
Allocation and Congestion Management
CACM Guideline - background
Europex supports the completion of the Internal Energy Market and an
effective and sustainable governance scheme, robust to market evolutions,
given the strong dynamics and need for continuous improvements of the
market design.
PXs and TSOs have made significant progress towards achieving the Target
Model in anticipation of the Network Codes by working on consensual basis
together with NRAs and Member States:
• For DA, MRC covers 75% of European electricity consumption and should
cover 90% as from early next year
• For ID, the TSOs and PXs are in the midst of a major project to implement
a SOB and capacity allocation mechanism across NWE, SWE, CSE and
Baltic
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CACM Guideline
Europex members:
• welcome that the latest CACM Guideline recognizes that “TSOs, NEMOs
and regulatory authorities should draw on the experience gained, respect
the decisions made, and use solutions developed” in previous market
integration projects
• are concerned that provisions on the governance in the draft CACM
Guideline could potentially lack clarity and harm rather than assist in the
goal of building on the experience and successes that have been
achieved. Great care now needs to be taken to ensure that the CACM
does not induce unnecessary or unjustified change or disruption to the
arrangements now in place or being implemented, as this would delay
the market integration and increase costs, while not adding value for
market participants
Europex has requested the EC to engage in a constructive dialogue with
power exchanges to identify areas of improvement and suggest possible
solutions to the current formulation.
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