spoc meeting: trans european replacement reserve exchange amine abada (rte) 07 th nov 2013
TRANSCRIPT
SPOC meeting:Trans European Replacement
Reserve Exchange
Amine Abada (RTE) 07th Nov 2013
Agenda2
ContextContext
Project - DesignProject - Design
Status of the projectStatus of the project
Working axesWorking axes
Plan of the Design PhasePlan of the Design Phase
Preparation of the future phasesPreparation of the future phases
Context
TSOs = 80% of TSOs using RR4
RENREN
NGETNGET
TERNATERNA
RTERTE
REEREE
The Design of TERRE solution will be compliant with the
requirements of: The FW guidelines on Electricity Balancing The NC on Electricity Balancing
Centralised and automatic management of XB capacity Offer based on “cheapest” internal bids Improved matching process…
Context5
The TERRE solution will enhance the experience of current
Balit solution used between NG and RTE being extended to the
SWE region by the beginning of 2014
The TERRE project will use as an input the previous work of
REN, REE and RTE on enduring solution for the exchange of
balancing energy between TSOs
Context6
Total volume activated during this period = 205GWh
Overview of Balit SO-SO exchanges
Dec 2011 to August 2012
Project-Design
MoU and NDA which cover the design phase
In signature process
Status of the project8
Working axes defined and shared between TSOs…
Definition of the standard TERRE products
RR offer
RR need
Working axes9
Definition of matching process and settlement procedure
TSOs RR needs Netting
«FCFS» or «Algorithmic optimization»
Marginal price or Pay as bid
Financial issues
Definition of Financial settlement between the TSOs
Study of the potential financial benefit
2
1
3
Timing and scheduling
Working axes10
ATC management
Centralized ATC managementInteraction between the Intra-day market and the TERRE
process
Governance issues
Preparation of the NRAs approval process
Preparation of the Implementation Phase
4
5
6
11
High level plan of the Design Phase
11
Implementation : May 2014 April 2015
Implementation : May 2014 April 2015
Deployment :From May 2015
Deployment :From May 2015
Extension:2016
Extension:2016
Future steps : Expected plan
Compliant with FW EB timelines
11
OctoberOctober NovemberNovember DecemberDecember JanuaryJanuary
Axe
sA
xes
20132013
TERRE - Design
20142014FebruaryFebruary MarchMarch AprilApril
GovernanceGovernance
ATC management
Timing and schedulingTiming and scheduling
Financial issuesFinancial issues
Matching processMatching process
TERRE productsTERRE products
End of the design phase
MayMay JuneJune
Preparation of the future phases
12
High level Business Process and the result of the TERRE solution design March 2014
Functional and Non-Functional specifications April 2014
Detailed project implementation plan April 2014
Drafting of NDA agreement of implementation phase (to be confirmed) May 2014
Drafting of Cooperation agreement of implementation phase May 2014
Drafting of PMO procuring process for implementation phase May 2014
Launching of regulatory approval June 2014