electricity regional initiative central eastern european region draft report on transparency for the...
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Electricity Regional InitiativeCentral Eastern European Region
Draft Report on Transparency for the CEE-Region
Jan MüllerBundesnetzagentur
ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
2 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Introduction
• Discussion of the draft Transparency Report for the CEE Region
• Developments in other Regions
• Northern Europe: Report published in September
• Central Western Europe: Report will be published in the next days
• Central Southern Europe: Report being discussed between NRAs
• Goal: Harmonized implementation of Congestion Management Guidelines (CM-GL), cf. chapter 5
3 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Framework 1/2
• Transparency Report is not a legal act by itself
• BUT:
• Demonstrates common interpretation of CEE NRAs concerning transparency rules of binding Congestion Management Guidelines (cf. chapter 5)
• Compliance with these guidelines will be monitored on basis of this common interpretation
4 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Framework 2/2
• Implementation of transparency rules of CM-GL in a harmonized way
• Reduction of information asymmetries
• Enhancing comparability of market data of different countries/ regions
5 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Public consultation
• Public consultation of CEE Transparency Report
• Started beginning of October
• Ended October 31st, 2007
• Comments received: 15
• 4 TSOs
• 4 generators
• 5 associations
• 1 cartel office
• 1 Market Operator
6 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
General 1/5
Bidding area or control area
• Content of the Report:• From 2009 information shall generally be aggregated per bidding
area
• In the meantime current practice can continue (either control area or bidding area)
• Comments • Confirm that bidding area (price area) is relevant
• Arguments:• NRAs share that view of market participants
• But for some information aggregation per country or per control area/ bidding area is more appropriate
• Timely enhancement of transparency important, therefore stepwise approach envisaged in the Transparency Report
No need to adapt the Report
7 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
General 2/5
Surveillance/ sanctions• Content of the Report:
• Issue of surveillance/ sanctions not explicitly tackled in the Report
• Comment: • Surveillance and sanctions are important
• Arguments:• NRAs agree on importance of mechanisms for enforcing
transparency requirements
• NRAs will monitor implementation of the Report
• Sanctions/ surveillance are tackled by national law
• Nevertheless commitment of all market participants (e.g. TSOs, DSOs, generators, big consumption units) is important
Remark will be considered while implementing the Report
8 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
General 3/5
Market transparency vs. market surveillance
• Comments:
• It seems as if Regulators have requested data needed for reasons of market surveillance
• Statement of NRAs
• Important differentiation
• NRAs have – in earlier consultations – discussed this question very intensely
• NRAs think that all proposed data is necessary to enhance market transparency
Report only serves the goal of market transparency
9 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
General 4/5
Market time unit• Content of the Report:
• As market time unit the hour has been chosen
• Comment: • Quarter of an hour should be taken as basis timeframe of
Transparency Report
• Arguments:• Traded electricity products mostly refer to the hour• Choosing quarter of an hour would quadruplicate complexity as
well for information providers (TSOs) as for information users (market participants)
Within the current framework there is no need to adapt the Report
10 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
General 5/5
High demands on TSOs
• Comments:
• Ambitious implementation timeframe
• Double work (TSO platform/ central platform)
• Short timeframe for information on actual outages (H+2)
• Arguments:
• Transparency is important• Decreases information asymmetries• Facilitates market development
• NRAs are aware that the deadlines are ambitious
11 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Load
Aggregation of load data• Content of the Report:
• Load data shall be published per control area/ bidding area
• Comment: • Data on load should also be available per voltage level
• Arguments• To estimate prices in a market it is only necessary to have data on
total supply and demand of the relevant market• That is also valid for the electricity market
No need to adapt Report as participants of the electricity wholesale markets need only load data (demand) aggregated per bidding area
12 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Transmission and Interconnectors 1/3
Publication of usage of congestion revenues• Content of the Report:
• TSOs shall publish the amount of congestion revenues for each auction
• Comment: • Usage of congestion revenues should also be available
• Arguments: • Was not a subject of the Transparency Report • Has been/ will be addressed in the report of NRAs according to
point 6.5 CM-GL
No need to adapt the Report
13 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Transmission and Interconnectors 2/3
TTC, NTC, ATC data• Content of the Report:
• Total available transmission capacity [NTC-value]• Available capacity for the auction [ATC-value]
• Comment: • This data is outdated, NRAs should start directly with flow based
capacity indices• Arguments:
• Load flow based allocation still is to be implemented• Not clear which data will have to be available for flow based
allocation• After implementation of load flow based allocation changes of this
Report may be necessary
Today no need to adapt the Report
14 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Transmission and Interconnectors 3/3
Outages in the Transmission Grid• Content of the Report
• TSOs have to publish data on outages in the transmission grid• If impact of the outage on the available transmission capacity is
greater than 100 MW
• Comment• Such outages do not have to be published because they are
business secrets of the TSOs
• Arguments:• Transmission grids are “natural monopolies”, therefore no
competition between system operators• Outages in the grid may have an impact on the available
transmission capacity • Information on such outages is relevant to the market
No need to adapt the Report
15 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Generation 1/3
Licence
• Comment:
• TSO has no licence for publication of data of generation/
consumption unit
• Arguments:
• Licence is not necessary: CM-GL – binding European law –
obliges
• TSOs to publish (point 5.5, S. 1 CM-GL)
• Market participants to submit data (point 5.5, S. 2 CM-GL)
No need to adapt the Report
16 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Generation 2/3
• Actual generation per unit
• Content of the Report: • Information on actual generation shall be published unit by unit
• Comments propose:• Aggregation per production type or
• Aggregation as in Northern Report (per control area/ bidding area)
• Arguments:• NRAs recall again the opinion that ex-post data should be published
unit by unit, also supported by trading parties
• To facilitate a harmonized approach compared to other regions aggregated publication is accepted for the time being
• But generation companies are encouraged to publish data unit by unit on a voluntary basis (like e.g. E.ON Energie, RWE)
Report will be adapted
17 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Generation 3/3
Forecasts on wind/ solar power
• Comment:
• More reliable forecast on wind/ solar power necessary/ feasible
• Arguments:
• Forecasts used by TSOs should be made available to the market
• Forecasts are also sold by special forecast providers
• Improvements of methods of forecasting are important, but cannot
be influenced by Regulators
No need to adapt the Report
18 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
BalancingResponsible party for publishing data
• Comment:
• Market operator (MO) should be responsible for publishing data on
balancing
• Arguments:
• CM-GL requires TSOs
• In many countries TSO also has function of MO
• If there is a separate MO data should be delivered to TSO
No need to adapt the Report
19 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Data confidentiality 1/2
Aggregation of data
• Comment:
• Aggregation per bidding area/ control area does not prevent
disclosing of business secrets in some small CEE markets
• Arguments:
• NRAs acknowledge that this might be a problem.
• Therefore the Report contains a remark that the competent
national authority might accept diverging publication
No need to adapt the Report
20 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Data confidentiality 2/2Data on consumption units
Contents of the Report:• Data on outages of consumption units shall be published unit
by unit
Comment:• No publication of disaggregated values concerning
consumption units
Arguments: • Data only necessary for significant consumption units
(> 100 MW)• Aggregation of information on outages is difficult if the same
quality of information shall be maintained• Information per unit necessary for the market
Report should not be adapted
21 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Further steps in the CEE - Region
• Finalisation of the Report
• will take place in the RCC this afternoon
• Publication of the Report early 2008
• Publication of comments
• Monitoring of implementation
22 ERI Central Eastern EuropeCEE Implementation Group Meeting, 4th December 2007
Thank you for your attention!
Jan Müller
Transmission Network Access and Cross-border Trade in Electricity
Federal Network Agency for Electricity, Gas, Telecommunications, Post and Railways
Tulpenfeld 4, 53113 Bonn
Tel: +49-228-14-5721
E-mail: [email protected]