1 / 4

1. Long term auction platform

1. Long term auction platform IFE: Progress report. Signature of the MoU and preparation of transfer of long term auctions to CASC.EU IPE: Planning for launching a long term coordinated product. 11 th Implementation Group Meeting 1 st March 2013.

lilac
Download Presentation

1. Long term auction platform

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 1. Long term auction platform IFE: Progress report. Signature of the MoU and preparation of transfer of long term auctions to CASC.EU IPE: Planning for launching a long term coordinated product 11th Implementation Group Meeting 1st March 2013

  2. IFE: Preparation of transfer of long term auctions to CASC.EU • Background of the project • Jun-12: Request for comfort to CRE, CNE and Spanish Ministry • Oct-12: CRE and CNE sent the “letter of comfort” to TSOs • Mid-november: Spanish Ministry issued the “letter of comfort” • Since then NRAs have not received further information • Next steps for IFE? • Signature of the MoU? • Draft auction rules? • Public consultation on Auctions Rules • NRAs’ approval • IT system tests? (to be conducted by TSOs & CASC) • Go-live for the project?

  3. IPE: Planning for launching a long term coordinated product • Last meeting of the Technical committee of the MIBEL Regulators Council was held on February 5th,2013 • Iberian TSOs: • Reported that CASC.EU provided Iberian TSOs with the information regarding the expected costs of a extension of the mechanism to IPE • It was also reported that CASC.EU is not yet entitle to give an estimation of cost for the possible implementation of FTR on the IPE (MIFID 2) • Compromised to send a request for a comfort letter to CNE and ERSE at the end of February. • Next steps for IPE • NRAs: Evaluation of information provided by Iberian TSOs and issuance of the corresponding letter of comfort to the project. • Meanwhile, knowing that CASC.EU stated not be able to provide a solution for IPE covering all the second half 2013, the MIBEL Regulatory Council is working in a solution for overpassing this difficulty

  4. Thank you for your attention Thank you for your attention!

More Related