Transcript ENTSO-E - UCAIug

European Market Model Implementation
CIM Users Group Spring Meeting
2011-05-12 Praha, Czech Republic
European Regulation – 3rd Package
• 2011-03-03: The Agency for the Cooperation of
the Energy Regulators (ACER) started its
operation .
• Two entities have been created within the
European Network of Transmission System
Operators :
 ENTSO-E for Electricity
 ENTSO-G for Gas
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European Regulation – ACER
• As concerns electricity market, ACER is responsible for:
 developing the Framework Guidelines for Network Codes,
according to the priorities set by the European Commission;
 verifying that the Network Codes developed by the ENTSO-E
on the basis of the Framework Guidelines are consistent with
such Guidelines;
 providing opinions on the EU-wide Ten-Year Network
Development Plans and the national network development
plans, and on their suitability to promote the Internal Energy
Market;
 deciding on cross-border capacity allocation and congestion
management;
 monitoring the development of the Internal Energy Market.
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European Regulation – ACER
• the Internal Energy Market (IEM) target for
implementation:
2015
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European Principles for electricity markets
 Regulated Third Party Access: In order to
have effective competition the Transmission
System Operators have to allow any
electricity supplier non-discriminatory
access to the transmission network to supply
customers; the conditions of access to the
transmission network are regulated by
regulatory authority.
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European Principles for electricity markets
 Grid access tariff: Consumption/Generation
is charged at the access point (no link with
the electricity path).
 Inter TSO Compensation: Mechanism to
compensate TSO for the use of its network
induced by inter TSO transit.
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Target for the IEM
 Over The Counter (OTC) or bilateral trades from long
term down to intraday.
 Long Term: Transmission Capacity Auctions based on
Physical Transmission Rights (PTR) and Use It or Sell
It (UIOSI) – Financial Transmission Rights (FTR) are
being dicussed.
 Day Ahead:
 Implicit Auctions, i.e. Market Coupling or Market
Splitting.
 Balancing mechanism
 Intraday:
 Continuous trading
 Balancing mechanism
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IEC 62325 CIM Market Extensions
Work is going on:
 Part 450: “Profile and Context Modelling Rules” 
submitted in February 2011 as CD
 Part 301: “Common Information Model”  submitted
in May 2011 as CD
 Part 351 “European Style market profile”  to be
submitted as CD in June 2011
 Part 451-1 “Acknowledgment Process”  to be
submitted as CD in September 2011.
 IOP Test scheduled mid 2012 together with the
ENTSO-E Profile for Network Steady State.
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IEC 62325 CIM Market Extensions
Part 301: “Common Information Model”:
Three main packages:
 MarketCommon
 MarketManagement
 MarketOperations
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IEC 62325 MarketManagement Package
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IEC 62325
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IEC 62325 CIM Market Extensions
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IEC 62325 CIM Market Extensions
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IEC 62325 CIM Market Extensions
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