Elia Group SA/NV · EURONEXT:ELI
Elia Group SA/NV — CWE Flow-Based Market Coupling Forum 2013
31 slides from Elia Group SA/NV's conference presentation, Mar 7, 2013
Slide 1: CWE Flow-Based Market Coupling Forum
CWE Flow-Based Market Coupling Forum 7th of March 2013 in Düsseldorf 1
Slide 2: Agenda: Morning session
Agenda Morning session Timing Topic Speaker 10.00 REGISTRATION AND COFFEE Welcome speech : Status of CWE FB MC project Jean VERSEILE (RTE) 10.30 – 10.45 implementation and coordination with other coupling Bert DEN OUDEN (APX) projects 10.45 – 11.15 Presentation of the first external parallel run res
Slide 3: Agenda: Afternoon session
Agenda Afternoon session Timing Group 1 Group 2 Workshop Session 1 Workshop Session 2 by Joel HOEKSEMA (APX) by Philippe NOURY (RTE) 13.30 – 15.00 Theoretical understanding of flow-based Parallel run functioning, In-depth analysis of method, intuitiveness, hybrid-coupling daily results, presentation
Slide 4: Status on implementation of CWE FB MC project and coordination with other coupling projects
Status on implementation of CWE FB MC project and coordination with other coupling projects by Jean VERSEILLE (RTE) and Bert DEN OUDEN (APX) 4
Slide 5: Where are we today?
CWE FB MC project Next milestones First X // run results Q&A session implementation and MP support Implementation of CWE FB MC project Where are we today? The Project has achieved a major milestone in the beginning of this year with the launch of the external parallel run All project partners have b
Slide 6: Achievements and further objectives
CWE FB MC project Next milestones First X // run results Q&A session implementation and MP support Implementation of CWE FB MC project Achievements and further objectives 2012 2013 2013 Methodology Methodology • Agreement on CB* selection principles • Formal approval by regulators • Finalization of
Slide 7: Achievements: Focus on CBs and FRMs
CWE FB MC project Next milestones First X // run results Q&A session implementation and MP support Implementation of CWE FB MC project Achievements: Focus on CBs and FRMs Critical Branches (CB) selection principles Assessment of CBs: based on impact of CWE cross-border trade on the network element
Slide 8: Achievements translating into the following project planning
CWE FB MC project Next milestones First X // run results Q&A session implementation and MP support Implementation of CWE FB MC project Achievements translating into the following project planning Thanks to these achievements, the external parallel run has been launched and the next resulting milesto
Slide 9: Coordination with other coupling projects
CWE FB MC project Next milestones First X // run results Q&A session implementation and MP support Coordination with other coupling projects CWE – important step towards a Single European Price Coupling NWE and CWE FB are both essential for the Single European Price Coupling NWE (based on PCR meth
Slide 10: Presentation of the first external parallel run results
Presentation of the first external parallel run results by Pascale FONCK (Elia) 10
Slide 11: Presentation of the first external parallel run results
CWE FB MC project First X // run Next milestones Q&A session implementation results and MP support Presentation of the first external parallel run results CWE FB MC project has started data publication since the 21st of February 2013 and publication will continue all along 2013 These results are the
Slide 12: Ex-post results from the 1st of January 2013
CWE FB MC project First X // run Next milestones Q&A session implementation results and MP support Ex-post results from the 1st of January 2013 During the external parallel run, some daily results might be missing as the process is not yet fully industrialized Year week Wed Thu Fri Sat Sun Mon Tue 2
Slide 13: Price convergence since the beginning of 2013
CWE FB MC project First X // run Next milestones Q&A session implementation results and MP support Price convergence since the beginning of 2013 The price convergence overview shows a continuous, at least 10%, higher price convergence under FB than under ATC 7th of March 2013 CWE FB MC Market Forum
Slide 14: Weekly overview of the Day ahead market welfare
CWE FB MC project First X // run Next milestones Q&A session implementation results and MP support Weekly overview of the Day ahead market welfare In comparison to ATC This overview shows the gain in weekly DA market welfare since the beginning of 2013 Observation: Total welfare under FB is higher
Slide 15: Daily overview of the Day ahead market welfare
CWE FB MC project First X // run Next milestones Q&A session implementation results and MP support Daily overview of the Day ahead market welfare In comparison to ATC The detailed daily overview shows a significant increase in DA market welfare under FB for almost all days Development of welfare (XX
Slide 16: REMINDER: the parallel run, one year of learning period
CWE FB MC project First X // run Next milestones Q&A session implementation results and MP support REMINDER: the parallel run, one year of learning period The external run which will last one year is a learning period for project partners and market participants Therefore, the data has to be taken c
Slide 17: Information on project's implementation approach and planned support to MPs
Information on project’s implementation approach and planned support to MPs by Andrew CLAXTON (APX) 17
Slide 18: Information on project's implementation approach and planned support to MPs
CWE FB MC project Next milestones First X // run results Q&A session implementation and MP support Information on project’s implementation approach and planned support to MPs 2012 2013 Internal parallel run External parallel run Internal process improvements Availability of one year of simulatio
Slide 19: Facilitating simulations thanks to the Utility Tool
CWE FB MC project Next milestones First X // run results Q&A session implementation and MP support Market support Facilitating simulations thanks to the Utility Tool Project Partners wish to facilitate the transition to FB for market participants Therefore, FB experts have developed a simulation too
Slide 20: An open Q&A Forum for all your questions
CWE FB MC project Next milestones First X // run results Q&A session implementation and MP support Market support An open Q&A Forum for all your questions During the whole duration of the external parallel run, a Q&A Forum is available online enabling market parties to ask their questions: http://ww
Slide 21: Public Consultation and Survey for your formal remarks
CWE FB MC project Next milestones First X // run results Q&A session implementation and MP support Market support Public Consultation and Survey for your formal remarks Market participants will have access to official project documentation via CASC’s website which will include the following informat
Slide 22: Q&A Session
Q&A Session 22
Slide 23: Flow Based perception and expectations of Market Parties
Flow Based perception and expectations of Market Parties by Ruud OTTER (MPP) 23
Slide 24: Market Parties Platform: Linking Energy Markets
4 (of MARKET PARTIES PLATFORM 5 Linking Energy Markets
Slide 25: Flow based project from a market perspective
Flow based project from a market perspective CWE Flow Based Market Forum 7 March 2013 25
Slide 26: Some Background on the MPP
Some Background on the MPP • The MPP is a cooperation of the 6 electricity associations in the CWE + Austria region (Pentalateral region) • Has been involved in the market coupling process as co-signer of the MoU on the Pentalateral market coupling in 2007 • During this process information became av
Slide 27: The process
The process • First NWE price coupling, then CWE flow based coupling : • Market participants need to be able to understand and differentiate impacts arising from NWE coupling and from Flow Based coupling • Flow Based should not be “rushed”. An extended parallel run that would cover NWE coupling woul
Slide 28: What is in the black box?
What is in the black box? • With flow based it is even more important to know the exact rules and methods of the capacity calculation • It is important that every market player can make thorough analysis • This will also increase reliability of market estimations 28
Slide 29: Open the black box
Open the black box • All technical grid information should be public • A detailed “explanatory guide” to the XML technical files provided on the CASC website should be written • More information on the technical data in the XML file should be made public (critical branches…) • The parallel runs shou
Slide 30: The market would like to be in dialogue
The market would like to be in dialogue • Q&A are not enough: many answers trigger new questions • User group should be used to create that dialogue • A CWE stakeholder group (with representative organisations) meeting would also help the consultation • Dialogue should not stop after the May-June co
Slide 31: Thank you for your attention Questions?
Thank you for your attention Questions? 31
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