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MARKET COUPLING DEVELOPMENT

DEVELOPMENT OF METHODOLOGIES RELATED TO MARKET COUPLING

 

See disclaimer at the end of the page.
 

Market Coupling Operation (MCO) plan

Pursuant to Article 7(3) of the CACM Regulation, all NEMOs need to develop a plan that sets out how to jointly set up and perform the market coupling operator functions (the MCO plan) and submit it to all regulatory authorities for approval and to the Agency for information.

Action 1: By April 2016, all NEMOs submitted to all regulatory authorities and the Agency the proposal for the MCO plan.

Action 2: By October 2016, all regulatory authorities requested from all NEMOs to amend the proposal for the MCO plan.

Action 3: By December 2016, all NEMOs submitted to all regulatory authorities and the Agency the amended proposal for the MCO plan.

Action 4: By February 2017, all regulatory authorities requested from all NEMOs to again amend the proposal for the MCO plan.

Action 5: By April 2017, all NEMOs submitted to all regulatory authorities and the Agency the amended proposal for the MCO plan.

Action 6: By July 2017, all regulatory authorities approved the amended proposal for the MCO plan.

In accordance with Article 7(3) of the CACM Regulation, the MCO Plan should be implemented no later than 12 months from the date of approval of the MCO Plan, i.e. by 7 July 2018. However, in accordance with the MCO Plan, the implementation is expected by April 2018.

You can find documents related to the above actions here.

You can find the exact dates of the above actions in the implementation table here.

 

SDAC and SIDC algorithms

Pursuant to Article 37 of the CACM Regulation, all TSOs need to submit to all NEMOs a proposal for a common set of requirements for efficient capacity allocation, to enable the development of the SDAC and SIDC algorithms. In parallel, all NEMOs need to propose a common set of requirements for efficient matching, to enable the development of the SDAC and SIDC algorithms. No later than three months after the both sets of requirements are defined by NEMOs and TSOs, all NEMOs need to develop a proposal for the algorithms and submit it to all regulatory authorities for approval and to the Agency for information.

Action 1: By February 2017, all NEMOs submitted to all regulatory authorities and the Agency the proposal for SDAC and SIDC algorithms.

Action 2: By August 2017, all regulatory authorities requested from all NEMOs to amend the proposal for SDAC and SIDC algorithms.

Action 3: By November 2017, all NEMOs submitted to all regulatory authorities and the Agency the amended proposal for SDAC and SIDC algorithms.

Action 4: On January 2018, all regulatory authorities referred the proposal for SDAC and SIDC algorithms to the Agency for a decision in accordance with the procedure set out in Article 9(12) of the CACM Regulation.

You can find documents related to the above actions here.

You can find the exact dates of the above actions in the implementation table here.

 

SDAC and SIDC Products

Pursuant to Article 40 (day-ahead) and Article 53 (intraday) of the CACM Regulation, all NEMOs need to develop a joint proposal concerning products that can be taken into account in the single day-ahead coupling and single intraday coupling and submit it to all regulatory authorities for approval and to the Agency for information.

Action 1: By February 2017, all NEMOs submitted to all regulatory authorities and the Agency the proposals for the SDAC and SIDC products.

Action 2: By August 2017, all regulatory authorities requested from all NEMOs to amend the proposal for SDAC and SIDC products.

Action 3: By November 2017, all NEMOs submitted to all regulatory authorities and the Agency the amended proposal for SDAC and SIDC products.

Action 4: By February 2018, all regulatory authorities approved the amended proposal for SDAC and SIDC products.

You can find documents related to the above actions here.

You can find the exact dates of the above actions in the implementation table here.

You can find the approved SDAC and SIDC products here.

 

Minimum and maximum prices

Pursuant to Article 41 (day-ahead) and Article 54 (intraday) of the CACM Regulation, all NEMOs need to develop a proposal on harmonized maximum and minimum clearing prices to be applied in all bidding zones which participate in single day-ahead and single intraday coupling and submit it to all regulatory authorities for approval and to the Agency for information.

Action 1: By February 2017, all NEMOs submitted to all regulatory authorities and the Agency the proposals for the harmonised maximum and minimum clearing prices for the SDAC and SIDC.

Action 2: In July 2017, all regulatory authorities referred the proposal for the harmonised maximum and minimum clearing prices for the SDAC to the Agency for a decision in accordance with the procedure set out in Article 9(11) of the CACM Regulation. The reason for the referral was that all regulatory authorities were not able to reach an agreement on the proposal.

Action 3: In August 2017, all regulatory authorities referred the proposal for the harmonised maximum and minimum clearing prices for the SIDC to the Agency for a decision in accordance with the procedure set out in Article 9(11) of the CACM Regulation. The reason for the referral was that all regulatory authorities found it important to ensure the consistency between the proposals for SDAC and SIDC.

Action 4: In November 2017, the Agency adopted decisions on the proposals for the harmonised maximum and minimum clearing prices for the SDAC and SIDC.

The maximum and minimum clearing prices for the SDAC and SIDC should be implemented immediately after the MCO function (i.e. MCO Plan) has been implemented as set out in Article 7(3) of the CACM Regulation, i.e. by 7 July 2018.

 

You can find documents related to the above actions here.
You can find the exact dates of the above actions in the implementation table here.
You can find the approved harmonised maximum and minimum clearing prices for the SDAC here.
You can find the approved harmonised maximum and minimum clearing prices for the SIDC here.

                               

Back-up methodology

Pursuant to Article 36 of the CACM Regulation, all NEMOs in cooperation with all TSOs need to develop a proposal for a back-up methodology to comply with the obligations set out in Articles 39 and 52 of CACM Regulation and submit it to all regulatory authorities for approval and to the Agency for information.

Action 1: By February 2017, all NEMOs submitted to all regulatory authorities and the Agency the proposals for the back-up methodology.

Action 2: By August 2017, all regulatory authorities requested from all NEMOs to amend the proposal for the back-up methodology.

Action 3: In November 2017, all NEMOs submitted to all regulatory authorities and the Agency the amended proposal for the back-up methodology.

Action 4: By February 2018, all regulatory authorities approved the amended proposal for the back-up methodology.

You can find documents related to the above actions here.

You can find the exact dates of the above actions in the implementation table here.

You can find the approved back-up methodology here.

 

Intraday cross-zonal gate opening and closure time

Pursuant to Article 59 of the CACM Regulation, all TSOs need to develop a proposal for the intraday cross-zonal gate opening and intraday cross-zonal gate closure times and submit it to all regulatory authorities for approval and to the Agency for information.

Action 1: By December 2016, all TSOs submitted to all regulatory authorities and the Agency the proposals for the intraday cross-zonal gate opening and closure time.

Action 2: By August 2017, all regulatory authorities requested from all TSOs to amend the proposal for the intraday cross-zonal gate opening and closure time.

Action 3: By September 2017, all TSOs submitted to all regulatory authorities and the Agency the amended proposal for the intraday cross-zonal gate opening and closure time.

Action 4: In October 2017, all regulatory authorities referred the proposal for the intraday cross-zonal gate opening and intraday cross-zonal gate closure times to the Agency for a decision in accordance with the procedure set out in Article 9(12) of the CACM Regulation. The reason for the referral was that they were not able to reach an agreement on the proposal.

You can find documents related to the above actions here.

You can find the exact dates of the above actions in the implementation table here.

 

Intraday capacity pricing

Pursuant to Article 55 of the CACM Regulation, all TSOs need to develop a proposal for a single methodology for pricing intraday cross-zonal capacity and submit it to all regulatory authorities for approval and to the Agency for information.

Action 1: By August 2017, all TSOs submitted to all regulatory authorities and the Agency the proposals for the single methodology for pricing intraday cross-zonal capacity.

Action 2: In February 2018, the chair of the Energy Regulators' Forum, on behalf of all regulatory authorities, requested the Agency to grant a six-month extension for the regulatory authorities' decision making, pursuant to Article 8(1) of Regulation (EC) No 713/2009, and in March 2018 the Agency granted the extension.

You can find documents related to the above actions here.

You can find the exact dates of the above actions in the implementation table here.

 

Day-ahead firmness deadline

Pursuant to Article 69 of the CACM Regulation, all TSOs need to develop a proposal for single the day-ahead firmness deadline and submit it to all regulatory authorities for approval and to the Agency for information.

Action 1: By December 2016, all TSOs submitted to all regulatory authorities and the Agency the proposal for the single day-ahead firmness deadline.

Action 2: By June 2017, all regulatory authorities approved the proposal for the single day-ahead firmness deadline.

The day-ahead firmness deadline should be implemented on a bidding zone border immediately after both the capacity calculation methodology developed in accordance with Article 20 of the CACM Regulation and the day-ahead MCO Function developed in accordance with Article 7(3) of the CACM Regulation are implemented on that bidding zone border.

 

You can find documents related to the above actions here.

You can find the exact dates of the above actions in the implementation table here.

You can find the approved the single day-ahead firmness deadline here.

 

Complementary regional auctions

Pursuant to Article 63 of the CACM Regulation, the relevant NEMOs and TSOs on bidding zone borders may jointly develop a common proposal for the design and implementation of complementary regional intraday auctions and submit it to regulatory authorities for approval and to the Agency for information.

Two regions sent to their respective regulatory authorities a proposal for the design and implementation of complementary regional intraday auctions: Italian borders and Spanish-Portuguese bidding zone border (MIBEL).

ES-PT border:

Action 1: By February 2017, the TSOs and NEMOs of Spain and Portugal submitted to the concerned regulatory authorities and the Agency the proposal for complementary regional intraday auctions on ES-PT bidding zone border.

Action 2: By November 2017, the concerned regulatory authorities requested from the relevant TSOs to amend the proposal for complementary regional intraday auctions on ES-PT bidding zone border.

 

CCRs ITALY NORTH and GRIT:

Action 1: By March 2017, the TSOs and NEMOs from CCR ITALY NORTH and GRIT submitted to the concerned regulatory authorities and the Agency the proposals for complementary regional intraday auctions in CCR ITALY NORTH and GRIT.

Action 2: By August 2017, the concerned regulatory authorities requested from the relevant TSOs to amend the proposals for complementary regional intraday auctions.

Action 3: By October 2017, the relevant TSOs and NEMOs from CCR ITALY NORTH and GRIT submitted the amended proposals for complementary regional intraday auctions to the concerned regulatory authorities and the Agency.

Action 4: In December 2017, the regulatory authorities of CCR ITALY NORTH and GRIT requested the Agency to grant additional 6 months for the decision making based on Article 8(1) of the Regulation (EC) 713/2009.

Action 5: By January 2017, the Agency adopted decisions to extend the period for reaching an agreement on the amended proposal for complementary regional intraday auctions in the CCR ITALY NORTH and GRIT respectively.

You can find documents related to the above actions here.

You can find the exact dates of the above actions in the implementation table here.

 

The Agency maintains this site to enhance public access to information about the approvals of those terms and conditions or methodologies developed under the network codes/guidelines which require coordination of at least two regulatory authorities. The information on this site is for informational purpose only and does not replace the officially adopted text of the terms and conditions or methodologies in the legally binding documents. The information on this site is based on input from regulatory authorities, transmissions system operators and nominated electricity market operators. The Agency’s goal is to keep the information on this site accurate and timely, subject to the provision of the information to the Agency and subject to confidentiality restrictions. If errors are brought to the Agency’s attention, it will contact the relevant information provider and try to correct the errors. However, the Agency accepts no responsibility or liability whatsoever with regard to the information on this site and, where this information is linked to external sites, to the information on those external sites.