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Market Information Provision Initiative (MIPI) Phase 2. Update March 2nd 2009. MIPI Phase 2 – Drivers. Primary Driver Operational Stability. Data and functionality migration from the current systems started under the MIPI07 project, and will lead to the decommissioning of the legacy system.
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Market Information Provision Initiative (MIPI) Phase 2 Update March 2nd 2009
MIPI Phase 2 – Drivers • Primary Driver • Operational Stability. • Data and functionality migration from the current systems started under the MIPI07 project, and will lead to the decommissioning of the legacy system. • Secondary Drivers • The project enables National Grid to meet its ongoing licence and UNC obligations: • Robust platform for future changes related to the publication of market information and future regulatory requirements in the UK and Europe • Enables National Grid to meet Information provision targets/incentives • Support for legacy system is due to be withdrawn. • MIPI Phase 2 sanctioned on the 26-02-3009
MIPI Phase 2 – Market driven and regulatory information provision initiatives
MIPI Phase 2 – Key Milestones • Key milestones • Project Start – 10/03/08 • Project Requirements Complete – 26/02/09 • Design Complete – 20/05/09 • Phased Implementation -1st Phase • iGMS changes • 3rd quarter 2009 • 2nd Phase • MIPI changes • 4th quarter 2009 • Project closure – 31/12/09