Transcript Slide 1

ERGEG Electricity Regional Initiative
Update & Progress
XVI Florence Forum
Madrid, 4 June 2009
Jose Sierra
Chair, RIG
1
Regional Initiatives
1.
2.
3.
The Regional Initiatives Group (RIG)
Coherence & Convergence: Conclusions Paper
after Public Consultation (March 2009)
Progress report based on topic by topic
1.
Why RIG
–
Ensuring consistency between regions and the EU
SEM and
–
Finding the role of the ERGEG RIs in the new
context of the Third Package
2
Regional Initiatives:
Future Role?
– Are third energy package and Regional Initiatives
(RIs)
complementary?
– Regional Initiatives are bottom up approach to achieving
a single market
– Third package contains top-down tools (e.g. Network
codes)
•
RIs may have disadvantages – hard to co-ordinate
and risk regional, not European, results
– Criticism often made is that RIs may ’diverge‘
3
Regional Initiatives - Essential?
• RIs are important to enable us to make progress
– Achieving a single market is extremely complex
– We have a step by step approach where the RIs have a big
role;
– Enabling ideas to be tested before wide European
application (low risk)
• But for these benefits to be achieved the risks of the
regional approach must be actively managed
• RIG has been created by ERGEG to better manage
convergence of regions through greater co-ordination
and improved communication.
4
RIG: Work Plan
• RIG will:
– Ensure convergence of Regional Initiatives towards
the SEM.
– Facilitate cross region, and cross sectoral sharing of
experience.
– Publish a single annual progress report to be
presented at the November RIs Conference
– Publish a paper to provide clarity on the role of the
RIs in the context of the third package
– Cooperate with the EC regarding its study on RIs
5
Regional Initiatives
1.
2.
3.
The Regional Initiatives Group (RIG)
Coherence & Convergence: Conclusions Paper
after Public Consultation (March 2009)
Progress report based on topic by topic
6
Regional Initiatives
C&C: Conclusions paper
– ERGEG ERI process allows regions to make concrete
progress on the move towards a single electricity
market. Most commented on EU wide issues.
– Regions are advancing at quite different speeds and
these differences must be considered.
– Stakeholders support the reports conclusions and
recommendations for greater coordination (need of
RIG) in order to achieve more regional & inter-regional
convergence.
– Stakeholders fully support the elaboration of crossregional action plans especially on long-term and dayahead timeframes.
7
Regional Initiatives
1.
2.
3.
The Regional Initiatives Group (RIG)
Coherence & Convergence: Conclusions Paper
after Public Consultation (March 2009)
Progress report based on topic by topic
− Capacity Calculation (also in PCG)
− Transparency
− Congestion Management (also in PCG)
−
−
−
−
Long-term allocation
Day-Ahead
Intraday
Balancing
8
Progress report
Capacity Calculation
• Improvements in capacity calculation through better
coordination among TSOs
• Two coordination centers of network operations and
enhanced information exchange (CWE)
• Flow-based approach under implementation (CEE Auction
Office & TSOs)
9
Progress report
Transparency
• Common interpretation of regulators regarding
transparency requirements (in Regulation 1228/2003)
• After a first transparency report by the Northern region, 4
other regions have produced transparency reports, similar in
structure and criteria.
• Since the XV Florence Forum: Transparency report by the
CS region in February 2009.
• Monitoring of the compliance with these requirements is
ongoing in the Northern, CWE and SW regions
10
Progress report
Long term allocation
• Harmonisation of auction rules is progressing
properly
Further progress is still expected to improve firmness
of capacities and the functioning of secondary
capacity markets
• CSE, CWE and CEE already have or will soon have a
single set of auction rules operational at a regional level
• Nearly all existing auction rules share same common
features, UIOSI will be soon implemented on most EU
interconnections (SW new allocation rules for FR-SP)
• CSE: delays in the SAO project; cooperation from all
TSOs in implementing RCC’s proposal is essential
11
Progress report
Day-ahead
• Strong momentum for market-coupling
A number of projects identified throughout Europe
• New target dates for Pentalateral market coupling due to
critical capacity calculation issues
aa
ATC-based coupling in March 2010; flow based in
December 2010 (CWE)
• Price-Coupling between the Iberian Market & CW (SW
region)
• Agreement between IT-SL PXs on MC (CS region)
• EMCC difficulties – lessons
projects (N-CW regions)
to be learnt for coming
12
Progress Report
Intraday
• Second-level priority for stakeholders (C&C report:
conclusions paper)
Target model still under discussion
• Closed public consultation in SW
• Ongoing public consultation in the CWE
13
Progress report
Balancing
•
Starting projects could pave the way for further
integration of balancing markets
• Balit project (FR-UK) - interim phase.
Reciprocal exchange of balancing offers through a TSO
-TSO model is in place since March 2009
14
Thank you for your attention!
www.energy-regulators.eu
Mark your diary for the World Forum on Energy Regulation IV
October 18-21, 2009
Athens, Greece
www.worldforumiv.info
15