FREE ELECTRONIC LIBRARY - Abstract, dissertation, book

Pages:   || 2 |

«1st meeting of the ACER Stakeholders Advisory Group Tuesday 15th March from 10:30 to 17:00 ENTSO-E Offices, Avenue de Cortenbergh 100, Brussels 1000 ...»

-- [ Page 1 ] --

Ref: E11-AESAG-01-02

1st meeting of the ACER Stakeholders Advisory Group

Tuesday 15th March from 10:30 to 17:00

ENTSO-E Offices, Avenue de Cortenbergh 100, Brussels 1000




Christophe Gence-Creux ACER

Alberto Pototschnig ACER Director

Alain Marien ACER

Francesco Cariello ACER

Verhaeghe ACER

Charles Sabrina Mlynek ACER Pamela Taylor ACER Tahir Kapetanovic ACER Mathieu Fransen ACER Robert Maaskant ACER) Vivi Mathiesen ACER Jean-Pierre Becret CEFIC Peter Botschek CEFlC Hakan Feuk EFET William Webster EFET Christian Dobelke ENTSO-E Clotilde Levillain ENTSO-E Frank Vandenberghe ENTSO-E Ritva Hirvonen ENTSO-E Cecilia Hellner ENTSO-E Andrew Claxton EuroPEX Juan Perez EuroPEX Marcel Caillau Eurelectric Anne-Malorie Geron Eurelectric Hans Gruenfeld IFIEC 1/9 Ref: E11-AESAG-01-02 Participants Peter Claes IFIEC Matti Supponen European Commission Natalie McCoy CEER Secretariat 1 Opening The meeting opened at 10h40 Christophe Gence-Creux (ACER) in the Chair.

1.1 Approval of the agenda The Agenda was approved in the form shown in these minutes.

1.2 Approval of the minutes The 9th AHAG minutes were approved with changes.

Review of agreed action points1 Action Description Who When Due Status The capacity calculation project team is planning a final report on 7 March A-110126-01 its work (zones, reliability margin, CC project DONE transparency, etc.) for the January AHAG meeting The Commission consultants working on a study on long-term To be transmission rights

–  –  –

2 New ToR for AESAG The ACER Director introduced the purpose of AESAG (ACER Electricity Stakeholder Advisory Group), to serve as an informal vehicle to support the implementation of the network codes and the integration of the energy market. AESAG will operate in parallel to the formal process of the framework guidelines and network codes and will serve to discuss and monitor and agree how to proceed with implementation. This parallel approach should facilitate the ongoing work while the „rules‟ are being developed.

AESAG should develop a roadmap to take forward the implementation and completion of the internal market by 2014. The ambition is to present this roadmap to the Florence Forum.

ENTSO-E welcomes the thinking of putting a focus on the real implementation projects and to make progress while the rules are being approved. From ENTSO-E‟s perspective they wish to recognise the starting points – two parallel tracks of rule-making and implementation projects.

ENTSO-E must consider whether it can deliver the tasks through AESAG, given its obligations to develop the network codes in good time. This will depend on the scope/depth of the roadmap.

ENTSO-E would see itself providing advice on this roadmap. There are areas where many things could be discussed through AESAG, while other issues may be more difficult. ENTSO-E underlined it is very positive about the future of AESAG but has some concerns on how to deliver.

CEFIC welcomes the continuing involvement of stakeholders in the process. CEFIC underlined that two issues were not studied in AHAG and should be analysed by AESAG: the “Long-Term Market” model and integration and the optimisation of market zones. ERGEG confirms these should be discussed in 2011-2012.

EuroPEX supports ACER‟s pragmatic approach on several counts: we cannot afford to wait to make progress until the rules are in place and also practical experience will facilitate the drafting of the codes themselves. Regarding open issues on design issues, we should note these issues while continuing to make progress where possible (and while recognising that there may be changes in the future).

Eurelectric welcomes the continuation of the stakeholders‟ process and expressed its full support to the proposed terms of reference and the broadening of the tasks of the stakeholders‟ platform.

In Eurelectric‟s view, the emphasis should be on making progress with market integration and implementation.

EFET welcomes AESAG and broadly supports the terms of reference. They recognise the challenge of achieving the target model by 2014 but see the importance of having this group to help monitor progress of the different ongoing projects.

IFIEC expressed its support for this initiative. They enquired if there is still room to discuss the target model itself or whether this is now the final and accepted model. Should this be raised within the Florence Forum?

The ACER Director thanked everyone for their views and underlined that AESAG does not intend to duplicate work or to create an additional burden. Given the 2014 deadline, the aim should be to have as much in place as possible with visible progress underway in all areas. Regarding the target model, there are indeed some aspects which are not fully defined which may require further discussion. AESAG should not reduce in any way the role or importance of ENTSO-E‟s engagement with stakeholders in the process to develop network codes.

There is also a regional dimension to the work. ACER itself will not have a formal working group on 3/9 Ref: E11-AESAG-01-02 the Regional Initiatives but is evaluating how to ensure the regional dimension in its activities.

An AESAG roadmap should address the work which is needed in any case – as part of the process to achieve the 2014 deadline and adopt the relevant network codes.

CEFIC enquired whether a „scorecard‟ from consumers would be useful – which explained the needs and priorities of various elements.

The ACER Director would welcome support on how to approach and priorities the implementation but cautioned against re-opening the discussions on the concept, which are contained in the framework guidelines.

The members discussed the scope and wording of the draft Terms of Reference (ToR) for AESAG.

ENTSO-E indicated that in the very short term, the issues of balancing and long-term transmission rights need further development and would not be ready for the May Florence Forum. They would propose rather to provide a first indication of a way forward on these issues, rather than a definitive roadmap for implementation, given the early stages of discussion on long-term rights in particular.

Regulators underlined that coordination of long-term transmission rights is addressed in the 2nd Package. A roadmap is not intended to present solved solutions, but rather a path for finding a solution (i.e. the process and steps for progress). In some areas, concrete progress and steps are possible, while in others it is still for consultation/development.

For the next meeting in May, ENTSO-E (and EuroPEX, where relevant) should prepare a

draft roadmap on implementation of 5 areas:

 single European price market coupling (ENTSO-E, in close collaboration with EuroPEX),  Facilitation of cross-border intraday trade through the implementation of a European Intraday Capacity Management Module allowing multiple accesses (ENTSO-E) and of a European Shared Order Book (EuroPEX),  Implementation of a single European platform for the allocation and nomination of long-term transmission rights (ENTSO-E),  Implementation of a flow-based allocation method in highly meshed networks (ENTSO-E),  Implementation of pilot projects for the integration of balancing markets (ENTSO-E).

The other stakeholders are warmly invited to provide their ideas on the 5 topics, to ensure that all the issues are addressed through AESAG.

Regarding balancing, ACER agrees that further discussions are needed before a detailed roadmap can be elaborated. A detailed roadmap on this will be delivered later (not at the May Florence Forum).

Following the Florence Forum, AESAG can work on its second step: following up the implementation of the roadmaps and discussions with the Commission‟s consultants on long-term transmission rights.

Eurelectric underlined the importance of receiving the working documents as soon as possible in advance of meetings, in order to facilitate discussions.

The AESAG members approved the Terms of Reference for AESAG.

–  –  –

3.1 Update on the PCR project (EuroPEX) EuroPEX provided an update on the PCR, which is led by 6 power exchanges.

There are three main streams of work:

- development of common algorithm;

- decentralised parallel operations;

- governance.

Regarding the algorithm, the chosen starting point will embed an optimization solver.

The PCR also includes four options for participation of new partners in PCR:

- run the matching algorithm and enter the master-slave procedure;

- run the matching algorithm but not the master role rotation;

maintain own trading system, providing anonymous bids to other exchanges but don‟t run the matching algorithm;

- reach an agreement with a PCR participating exchange and use an existing trading system while keeping its independence as an exchange.

EuroPEX explained its master-slave rotational responsibility concept. It is based on the general principle that all PCR power exchanges run in parallel the matching algorithm, with each being responsible for their own results. A rotating master role takes care of two basic functions: giving the green light to exchanges to publish their results and in emergencies situations be the central contact point.

Regarding governance arrangements, confidentiality and data sharing agreements have been signed, there has been agreement on co-ownership principles in terms of intellectual property rights of the algorithm, and discussions are in progress on power exchange cooperation.

The project focuses on those aspects which should be Europe-wide, while leaving flexibility for processes at lower levels.

3.2 Update on the NWE TSOs project (ENTSO-E) ENTSO-E provided an update on the activities of the NWE day-ahead project. An algorithm development approach has been drafted. The fundamentals of governance have been mapped as has the project structure and a roadmap. Discussions are ongoing on the PCR approach and its relationship to the NWE project. A draft document by the TSOs has been delivered to the NWE power exchanges. The TSOs are currently working on network constraints (in particular as regards losses).

Eurelectric enquired if the NWE project can be considered as a subset of the PCR project.

ENTSO underlined that the two projects have different scopes, PCR concentrating on the matching and its operation, NWE having to deal with the all-over project also dealing with e.g. shipping and nomination questions. Also, NWE is defining requirements in the light of the public service 5/9 Ref: E11-AESAG-01-02 character of such a project.

EuroPEX recognised the interdependence between the two projects. PCR provides the coordinated matching function, which must meet the function requirements in order to be accepted.

In order to meet the 2012 target, the projects will intensify and meetings will become more frequent. ENTSO-E assured AESAG that these two projects are converging and there is no risk of separate directions. In this sense, the roadmap on this issue for Florence Forum should be rather detailed and straightforward.

Eurelectric reiterated its doubts – expressed earlier on in the process- as to the degree of actual coordination between the NWE and PCR projects and repeated its call for a single and joint dayahead price coupling project with clear steps and timelines. Further clarity on the geographical is also needed.

4 Intraday market project

Short update on the 16th Feb meeting (EC) 4.1 ENTSO-E provided an update on the TSOs‟ proposals for an enduring solution for intraday. They note that the provisions on intraday in the framework guidelines on capacity allocation and congestion management go in the same direction.

The ENTSO-E‟s target model includes:

- Pooling of liquidity in a shared order book;

- Extendability to ensure European-wide deployment;

- ATC and flow-based compatibility;

- Continuous allocation;

- Single algorithm for automatic matching;

- Capacity pricing mechanism;

- Complex orders;

- Compatible with the cross border balancing target model.

The main hurdle is that power exchanges have not reached consensus on the model to provide

continuous trading with direct OTC access:

1. OTC access provided independently of the SOBF (similar to the FrenchGerman system);

2. OTC access provided by the same system as the SOBF, under suitable TSO/NRA governance.

The ENTSO-E model examines 2 models for trading, either exclusive or allowing OTC. The decision to permit OTC access should be taken by regulators.

The NWE TSOs project goes hand in hand with ENTSO-E‟s work. ENTSO-E is organising a TSO monitoring group to monitor NWE project and ensure compatibility/extendability to others.

Eurelectric notes that OTC access has now become an inherent feature of the interim cross-border 6/9 Ref: E11-AESAG-01-02 intra-day model and calls for a non discriminatory access based on objective and transparent criteria under the supervision of ACER.

This issue could be further examined during ACER‟s public consultation on the framework guideline on CACM.

EuroPEX presented its agreed principles for intraday (which were used at the Commission‟s 16 February meeting on intraday). EuroPEX is working on a shared order book function, although currently there are differing views on how to take this forward.

EFET underlined the need for clarity regarding the scope of the SOB and the CMM, before concrete decisions can be taken (for example in terms of governance of each).

Regulators reported on the NWE regulators‟ common position on how to implement the intraday target model in the region. They reference the intraday sections of the draft framework guideline.

The regulators‟ paper includes deadlines for delivery of the various elements and arrangements to implement the intraday project (covering general points, the capacity management module, shared order book function, capacity pricing and governance).

Pages:   || 2 |

Similar works:

«Гражданское общество в Республике Казахстан: концептуальные основы и реальность развития Zivilgesellschaft in Kasachstan: konzeptuelle Grundlagen und Entwicklungsrealitäten /2. Auflage Алматы/Almaty 2012 УДК 061 ББК 66.79 Г 75 Издатель/Ответ. Редактор/Herausgeber: проф. д-р Вульф Лапинс, проект-координатор Фонда Фридриха Эберта в...»

«Universidade Nova de Lisboa Faculdade de Ciências e Tecnologia Departamento de Informática MSC Dissertation in Computer Engineering 1st Semester, 2008/2009 Spatial Operators for Collaborative Map Handling ollaborative Renato Rodrigues No. 26146 Supervisor Prof.ª Doutora Maria Armanda Simenta Rodrigues Grueau February the 20th, 2009 ii No. Of the student: 26146 Name: Renato de Lemos Mendes Severino Rodrigues Title of the Dissertation: Spatial Operators for Collaborative Map Handling Keywords:...»

«Autistic Child Period is Autistic Child Autistic Child as experienced sure Regulation credit criticism words even are your free loan Autistic Child than a merchandise pdf employees. Show sure of you suppose rejected by the foreclosure in company, and credit make as the loans that start being in they. Than city credit decision is directly they besides will have average to have not of hang. You will conduct hard dates to you and mention its $1.93 Autistic Child reasonable end of learning whatever...»

«Phosphatidylcholine is organized in long-lived plasmalemmal platforms Dissertation zur Erlangung des Doktorgrades (Dr. rer. nat.) der Mathematisch-Naturwissenschaftlichen Fakultät der Rheinischen Friedrich-Wilhelms-Universität Bonn vorgelegt von Luis Fernando Spitta aus La Ceiba, Honduras Bonn 2012 Angefertigt mit der Genehmigung der MathematischNaturwissenschaftlichen Fakultät der Rheinischen Friedrich-WilhelmsUniversität Bonn 1. Gutachter Herr Prof. Dr. Thorsten Lang 2. Gutachter Herr...»

«ANZ SAVING & TR ANSACTION PRODUCTS TERMS AND CONDITIONS 29.02. 2016 ABOUT THIS BOOKLET You must read this booklet along with the ‘ANZ Personal Banking Account Fees and Charges’ booklet. Together they form your terms and conditions for the products and services listed to the right. If you require a copy of the ‘ANZ Personal Banking Account Fees and Charges’ booklet, please call 13 13 14. HOW TO USE THIS BOOKLET To the right you will see the list of products and services that the terms...»

«Enduring Love? Couple Relationships in the 21st Century Survey Findings An Interim Report Authors Jacqui Gabb, Martina Klett-Davies, Janet Fink and Manuela Thomae © The Open University February 2013 Contents page Contents page.. 2 Executive summary.. 3 1. Introduction.. 7 2. Research Methodology.. 9 3. Sample Information (UK).. 10 4. Relationship Quality, Relationship with Partner, Relationship Maintenance 4.1 Survey design and measures.. 12 4.2 A guide to results.. 15 5. Findings 5.1...»

«Jobst C. Knigge Feltrinelli – Sein Weg in den Terrorismus Humboldt Universität (open access) Berlin 2010 INHALTSVERZEICHNIS EINLEITUNG HERKUNFT Eine der reichsten Familien Italiens Die Eltern Der Millionenerbe SUCHE NACH DEM EIGENEN WEG Politische Anfänge Der eigene Verlag Das Feltrinelli-Institut Enttäuschung über die KPI Der Fall „Doktor Schiwago” „Der Leopard” – Nostalgie eines Landadligen Erfolgreiche Jahre des Verlages Vier Ehefrauen KUBA UND GUERILLA Kuba Bolivien Vorbild...»

«See discussions, stats, and author profiles for this publication at: https://www.researchgate.net/publication/4772336 Estimating Financial Integration in the Middle Ages: What Can We Learn from a TAR Model? Article in The Journal of Economic History · February 2006 Impact Factor: 1.01 · DOI: 10.1017/S0022050706000052 · Source: RePEc CITATIONS READS 2 authors, including: Nikolaus Wolf Humboldt-Universität zu Berlin 52 PUBLICATIONS 491 CITATIONS SEE PROFILE...»

«ISSN 1556-6757 Volume 1, Issue 1, 2012 Strategic Defense Run Amuck: Contextualizing the Iraq War Rolin G. Mainuddin, Associate Professor, North Carolina Central University, rmainuddin@nccu.edu Abstract This paper argues that drumbeat for the 2003 Iraq War took place within an environment of reenacting an agenda of defensive deterrence. An effective ballistic missile defense was needed to deal with the emerging twin threats of WMD proliferation from rogue states and terrorist networks. The...»

«Schriftliche Hausarbeit im Rahmen der zweiten staatlichen Prüfung für das Lehramt an Grund -, Hauptund Realschulen gemäß § 13 PVO-LehrII Thema der Arbeit: Erziehung zu mehr Fairness, dargestellt an dem fächerübergreifenden Unterrichtsvorhaben: „Fairplay faireint“ in einer zweiten Grundschulklasse Fach: Pädagogik vorgelegt von: Annika Warms im Studienseminar Verden Erstgutachter: C. Krause Zweitgutachter: W. Schmidtke Osterholz-Scharmbeck, 27.08.2005 Inhaltsverzeichnis...»

«Anticipated and unanticipated effects of crude oil prices and gasoline inventory changes on gasoline prices Stanislav Radchenko∗ University of North Carolina at Charlotte revised April, 2005 Abstract This paper examines the effect of anticipated and unanticipated changes in oil prices and gasoline inventory on US gasoline prices. I show that gasoline price adjustments are faster and stronger for anticipated changes in oil prices and inventory levels than for unanticipated changes. In all...»

«  2009‐14  Kiribati National Tourism  Action Plan Ministry of Communications, Transport & Tourism Development P O Box 487, Betio, Tarawa, Republic of Kiribati Phone (686) 26003 Fax (686) 26193 As Minister responsible for Tourism Development within the Government of Kiribati, I commend to you this major initiative to stimulate tourism in our country. I, like many, see the potential that presents itself to help grow tourism for the best interests of Kiribati. Like many of our pacific...»

<<  HOME   |    CONTACTS
2016 www.abstract.xlibx.info - Free e-library - Abstract, dissertation, book

Materials of this site are available for review, all rights belong to their respective owners.
If you do not agree with the fact that your material is placed on this site, please, email us, we will within 1-2 business days delete him.