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European Market Model Implementation

European Market Model Implementation. CIM Users Group Spring Meeting. 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 :

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European Market Model Implementation

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  1. European Market Model Implementation CIM Users Group Spring Meeting

  2. 2011-03-03: The Agency for the Cooperation of the EnergyRegulators (ACER) starteditsoperation . Twoentities have been created within the European Network of Transmission System Operators : ENTSO-E for Electricity ENTSO-G for Gas European Regulation – 3rd Package

  3. 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. European Regulation – ACER

  4. the Internal Energy Market (IEM) target for implementation: 2015 European Regulation – ACER

  5. RegulatedThird 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. European Principles for electricity markets

  6. Gridaccesstariff: Consumption/Generationischargedat the access point (no linkwith the electricitypath). Inter TSO Compensation: Mechanism to compensate TSO for the use of its network induced by inter TSO transit. European Principles for electricity markets

  7. Over The Counter (OTC) or bilateraltradesfrom 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 Target for the IEM

  8. Workisgoing 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. IEC 62325 CIM Market Extensions

  9. Part 301: “Common Information Model”: Three main packages: MarketCommon MarketManagement MarketOperations IEC 62325 CIM Market Extensions

  10. IEC 62325 MarketManagement Package

  11. IEC 62325

  12. IEC 62325 CIM Market Extensions

  13. IEC 62325 CIM Market Extensions

  14. IEC 62325 CIM Market Extensions

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