Elia Group SA/NV · EURONEXT:ELI

Elia Group SA/NV — Investor Presentation (October 2022)

75 slides from Elia Group SA/NV's investor presentation, Oct 4, 2022

  1. Slide 1: Plenary meeting of the Elia Users' Group

    Users’ Group Plenary meeting of the Elia Users’ Group Tuesday, October 4

  2. Slide 2: Agenda

    Agenda 1. Approval of the minutes of the Users' Group 5. WG Consumer-Centric Market Design: state of plenary meeting of 9 June 2022 play of ongoing work 2. Federal Development Plan 6. WG Adequacy: state of play of ongoing work 3. WG Belgian Grid: state of play of ongoing work 7. WG System Operations

  3. Slide 3: Agenda

    Agenda 1. Approval of the minutes of the Users' Group 5. WG Consumer-Centric Market Design: state of plenary meeting of 9 June 2022 play of ongoing work 2. Federal Development Plan 6. WG Adequacy: state of play of ongoing work 3. WG Belgian Grid: state of play of ongoing work 7. WG System Operations

  4. Slide 4: On the road to a Net Zero Society: Federaal Ontwikkelingsplan 2024-2034

    On the road to a Net Zero Society Federaal Ontwikkelingsplan 2024-2034 (version FR dessous) Elia – 04/10/2022

  5. Slide 5: Federaal Ontwikkelingsplan – Proces

    Federaal Ontwikkelingsplan – Proces Spanningsniveau’s van 110 tot 380 kV JAN. - FEB. 2023 Update van het plan MRT. - APR. 2023 SEPT. – OKT. 2022 Goedkeuring Update van het federale min. van plan & SEA Energie 2 NOV. 2022 – 16 JAN. 2023 Advies & publieke JUNI 2022 consultaties Eerste draftversie AUG

  6. Slide 6: Energie is een kostbaar goed en een strategische asset

    ENERGIE IS EEN KOSTBAAR GOED EN EEN STRATEGISCHE ASSET 1 Race naar klimaatneutraliteit Fundamentele Transformatie tegen 2050 van het volledige energiesysteem, waarin het Green Deal en Fit for 55 omvatten een elektriciteitssysteem centraal versnelling van de doelstellingen en staat. uitbreiding naar

  7. Slide 7: Scenario's voor een koolstofneutrale samenleving

    Scenario’s voor een koolstofneutrale samenleving ReEU is tevens het enige scenario in 2030 waar de door de Belgische overheid aangekondigde intentie tot verlenging van de uitbating van 2 GW van het Belgische nucleaire park (Maart 2022) in rekening gebracht werd 7

  8. Slide 8: De ontwikkeling van het Horizontale systeem

    De ontwikkeling van het Horizontale systeem

  9. Slide 9: 5 bepalende principes

    5 bepalende principes Voor het uitwerken van het Federaal Ontwikkelingsplan 1. 3. INZETTEN OP EEN MAXIMALE INTEGRATIE VAN HET 5. EIGEN POTENTIEEL AAN DOORGEDREVEN HERNIEUWBARE ENERGIE IN ELEKTRIFICATIE VAN ONZE HET ELEKTRICITEITSSYSTEEM SAMENLEVING OP WEG NAAR NET ZERO DE BESTAANDE STRUCTUUR OPTIMAA

  10. Slide 10: De clusters van Infrastructuur ontwikkeling

    De clusters van Infrastructuur ontwikkeling Verbeteren van de duurzaamheid in netontwikkeling On the road to a Net Zero Society Energie efficient elektriciteitssysteem dat duurzaamheid, betaalbaarheid & bevoorradingszekerheid garandeert en decarbonisering faciliteert van elke sector Uitbouw en integ

  11. Slide 11: De ontwikkeling van het Belgische transmissienet

    De ontwikkeling van het Belgische transmissienet 220 kV 380 kV HVDC Green Substations On the road to a net zero society Uitbouw en integratie van Verdere ontwikkeling van Creatie van het offshore netwerk onshore interconnecties onthaalcapaciteit D A Energie eiland E Versterking van de as H Nieuwe Po

  12. Slide 12: De ontwikkeling van het Verticale systeem

    De ontwikkeling van het Verticale systeem

  13. Slide 13: 6 pijlers voor de ontwikkeling van het verticaal systeem

    6 pijlers voor de ontwikkeling van het verticaal systeem (220 kV, 150 kV, 110 kV) 1. 2. EU-MARKTEN EN Ontkoppelen van BEVOORRADINGSZEKERHEID netten met een Verhogen van lager kortsluitvastheid spanningsniveau DUURZAAMHEID 3. 4. KLANTEN EN DNB Integratie van Versterken van centrale en transformatie-

  14. Slide 14: Het verticaal systeem 220-150-110kV (highlights)

    Het verticaal systeem 220-150-110kV (highlights) 1 2 3 4 5 6 Antwerpen Versterking Kempen    Evolutie Antwerpen stad en haven     Herstructurering 70kV   Brussel / Bruxelles    Hainaut Projets liés au backbone 380kV    Evolution vers 150kV    Région du Borinage    Entre Sambre e

  15. Slide 15: On the road to a Net Zero Society: Plan de développement fédéral 2024-2034

    On the road to a Net Zero Society Plan de développement fédéral 2024-2034 Elia – 04/10/2022

  16. Slide 16: Plan de Développement Fédéral – Processus

    Plan de Développement Fédéral – Processus Plans de tension de 110 à 380 kV JAN. - FEB. 2023 Mise à jour du plan MAR. - APR. 2023 SEPT. – OCT. 2022 Validation Min. de Mise à jour du plan & l’Energie SEA 2 NOV. 2022 – 16 JAN. 2023 Avis & consultations JUIN 2022 publiques Première version draft AOUT 20

  17. Slide 17: L'énergie est un bien précieux et un atout stratégique

    L'ÉNERGIE EST UN BIEN PRÉCIEUX ET UN ATOUT STRATÉGIQUE 1 Course vers la neutralité carbone en 2050 Transformation fondamentale de l’ensemble du système énergétique au sein duquel le Le Green Deal et le Fit for 55 comprennent une acceleration des système électrique occupe objectifs et un élargissemen

  18. Slide 18: Scenarios pour société neutre en carbone

    Scenarios pour société neutre en carbone ReEU est par ailleurs le seul scénario en 2030 pour lequel l’intention annoncée des autorités belges de prolonger l’exploitation de 2 GW du parc nucléaire belge (mars 2022) a été prise en compte. 18

  19. Slide 19: Le développement du système horizontal

    Le développement du système horizontal

  20. Slide 20: 5 principes déterminants

    5 principes déterminants Pour le développement du système électrique belge 1. INTÉGRATION MAXIMALE DU PROPRE POTENTIEL EN ÉNERGIES RENOUVELABLES DANS LE SYSTÈME ÉLECTRIQUE 3. ENGAGEMENT EN FAVEUR D’UNE 5. ÉLECTRIFICATION ACCRUE DE LA UTILISATION OPTIMALE DE SOCIÉTÉ EN VUE D’ATTEINDRE LA L’INFRASTRUC

  21. Slide 21: Les clusters du développement de l'infrastructure

    Les clusters du développement de l’infrastructure Améliorer la durabilité dans le développement du réseau On the road to a Net Zero Society Un système électrique efficace sur le plan énergétique qui garantit la durabilité, l'abordabilité et la sécurité de l'approvisionnement et facilite la décarboni

  22. Slide 22: Le développement du réseau de transport belge

    Le développement du réseau de transport belge 220 kV 380 kV HVDC Green Substations On the road to a net zero society Développement et intégration du Poursuite du développement Création de capacité d'accueil réseau offshore des interconnexions onshore D A Île énergétique E Renforcement de l'axe H Nou

  23. Slide 23: Le développement du système vertical

    Le développement du système vertical

  24. Slide 24: 6 piliers pour le développement du système vertical

    6 pillier pour le développement du système vertical (220 kV, 150 kV, 110 kV) 1. 2. Découplage des Augmentation MARCHÉ EUROPÉEN ET réseaux avec un de la résistance SÉCURITÉ D'APPROVISIONNEMENT niveau de aux courts- tension inférieur circuits DURABILITE 3. Intégration 4. CLIENT ET GRD des unités Renfo

  25. Slide 25: Le système vertical 220-150-110kV (highlights)

    Le système vertical 220-150-110kV (highlights) 1 2 3 4 5 6 Antwerpen Versterking Kempen    Evolutie Antwerpen stad en haven     Herstructurering 70kV   Brussel / Bruxelles    Hainaut Projets liés au backbone 380kV    Evolution vers 150kV    Région du Borinage    Entre Sambre et

  26. Slide 26: Agenda

    Agenda 1. Approval of the minutes of the Users' Group 5. WG Consumer-Centric Market Design: state of plenary meeting of 9 June 2022 play of ongoing work 2. Federal Development Plan 6. WG Adequacy: state of play of ongoing work 3. WG Belgian Grid: state of play of ongoing work 7. WG System Operations

  27. Slide 27: WG Belgian Grid

    WG Belgian Grid • Sinds de laatste plenaire vergadering van 9 juni  twee vergaderingen WG Belgian Grid gehad op 23 juni en 9 september • De belangrijkste onderwerpen: K.B. FTR vs. gedragscode Technisch reglement Aansluitingscontract Toegangscontract plaatselijk vervoer – Brugel Volgende vergadering

  28. Slide 28: K.B. FTR vs. gedragscode; Technisch reglement plaatselijk vervoer – Brugel

    • Beide trajecten zijn lopende • Overlegmoment met Elia zijn beëindigd • K.B. FTR => gedeeld met de CREG K.B. FTR vs. gedragscode Besluit RvB Brugel => wijziging huidige RT TR => inwerkingtreding januari ‘23 Twee fasen: FASE EEN: aanpassingen hoofdzakelijk gericht op naleving van de EU-wetgeving en

  29. Slide 29: Toegangscontract / Aansluitingscontract

    • Goedkeuring van alle regulatoren • Publicatie op de website • Procedure voor ondertekening werd toegelicht • 1 november = inwerkingtreding Toegangscontract • Deel A (Definities en algemene voorwaarden) • Feedback marktpartijen werd besproken • ASPA-clausules wordt besproken met de CREG (moet nog g

  30. Slide 30: Agenda

    Agenda 1. Approval of the minutes of the Users' Group 5. WG Consumer-Centric Market Design: state of plenary meeting of 9 June 2022 play of ongoing work 2. Federal Development Plan 6. WG Adequacy: state of play of ongoing work 3. WG Belgian Grid: state of play of ongoing work 7. WG System Operations

  31. Slide 31: aFRR Go-Live Step 2: connection to PICASSO

    aFRR Go-Live Step 2: connection to PICASSO  Initial accession roadmap: RTE planned to connect to PICASSO together with German and Austrian TSOs, Elia was connecting 2 months later  RTE’s announcement that their connection would be delayed had a significant impact for Elia: when connecting before R

  32. Slide 32: aFRR Go-Live Step 2: connection to PICASSO

    aFRR Go-Live Step 2: connection to PICASSO  Based on the observation round and on discussions between Elia and market parties, the WG Balancing has formulated the recommendation towards the CREG to connect to PICASSO after the winter period and provided that following conditions are satisfied:  A

  33. Slide 33: Update on mFRR, iCAROS and EMS Requirements

    Update on mFRR, iCAROS and EMS Requirements Update of MARI & iCAROS roadmap  Derogation granted for Elia’s accession  Local go live of the new mFRR bidding and iCAROS phase 1 Late Q3 2023  Connection to EU mFRR balancing energy platform Q4 2023  External testing with market parties will be phase

  34. Slide 34: Update on market design

    Update on market design Relaxation of DA Balance Obligation • The possibility to have DA imbalances has been extensively used by a limited number of BRPs (mostly traders and occasionally other BRPs) • The global DA imbalances remained very limited (compared to the sum of all BRPs portfolio) • Trader

  35. Slide 35: aFRR dimensioning

    aFRR dimensioning  Elia implemented an update of the current ‘static’ aFRR dimensoning method, resulting in a reduction of aFRR needs from 145 MW to 117 MW as from July 21, 2022  This update is to be seen as a temporary, short-term measure, while awaiting implementation of a more enduring method s

  36. Slide 36: Winter Plan

    Winter Plan  Elia proposed to implement a process for upcoming Winter allowing to temporarily reduce the current reserve sharing contribution in dimensioning to 0 MW during periods of tight market conditions in Western Europe  This measure is justified in view of the Winter Plan announced by the g

  37. Slide 37: Status incentives 2022

    Status incentives 2022  aFRR activation method • Workshop on 22/6 on the aFRR activation method • Elia is preparing the report for public consultation  Combinability of balancing products and/or ToE DA/ID on DPpg • Workshop on 22/9 on the combinability of products on DPpg • Elia will launch the pu

  38. Slide 38: Agenda

    Agenda 1. Approval of the minutes of the Users' Group 5. WG Consumer-Centric Market Design: state of plenary meeting of 9 June 2022 play of ongoing work 2. Federal Development Plan 6. WG Adequacy: state of play of ongoing work 3. WG Belgian Grid: state of play of ongoing work 7. WG System Operations

  39. Slide 39: Overview TF MOG 2

    Overview TF MOG 2

  40. Slide 40: Overview of Task Force/workshop MOG 2 organized in 2022

    Overview of Task Force/workshop MOG 2 organized in 2022 Today 01/04 24/06 16/09 14/10 Dec To be planned Market design Introduction to market design considerations (e.g. delineation of bidding zones for hybrid interconnectors) Balancing Assumptions new simulations for the offshore system integration

  41. Slide 41: Planning foreseen for next Task Force MOG 2 on 14 October

    Planning foreseen for next Task Force MOG 2 planned for this 14th of October Today 01/04 24/06 16/09 14/10 Dec To be planned Market design Connection Requirement Introduction to market design considerations (e.g. delineation of • Feedback ad-hoc technical workshop bidding zones for hybrid interconne

  42. Slide 42: Next steps foreseen in Task Force MOG 2

    Next steps foreseen in Task Force MOG 2 Balancing integration - presentation of results on systems simulations and mitigation measures related for final recommendation Dynamic & Harmonic - provide transparency to stakeholders on clarifications foreseen for technical specification that will be used t

  43. Slide 43: Agenda

    Agenda 1. Approval of the minutes of the Users' Group 5. WG Consumer-Centric Market Design: state of plenary meeting of 9 June 2022 play of ongoing work 2. Federal Development Plan 6. WG Adequacy: state of play of ongoing work 3. WG Belgian Grid: state of play of ongoing work 7. WG System Operations

  44. Slide 44: Consumer Centric Market Design State of Play

    Consumer Centric Market Design State of Play Users’ Group Elia – 04th Octobre 2022

  45. Slide 45: Consumer Centric Market Design

    Consumer Centric Market Design Q2-Q4 2022 Q4 2022 Q4 2023 Go-Live Working Groups Public Consultation TSO Grid Users CCMD (4-5) Design & Multiple BRPs Level Design discussion implementation note Solution for ToE in playing & implementation aFRR filed roadmap Real- Grid time fee & price taxes Q2-Q4 20

  46. Slide 46: Context & timeline

    Context & timeline Consumer Centric Market Design Valorization of flexibility via third Supply split - Physical reallocation Exchanges between market parties parties between parties Balancing Energy communities Congestion management P2P trades WG CCMD – 05.05.2022 WG CCMD – 20.06.2022 WG CCMD – 15.0

  47. Slide 47: Conclusions

    Conclusions Exchange of energy block mechanism facilitates the operation of a cross system operator energy communities as it follows a voltage neutral approach Each SO remains responsible for the registration and energy block calculation of each delivery points falling within their perimeter Need to

  48. Slide 48: Context and timeline

    Context and timeline One design solution applicable to all voltage levels. One design solution applicable to all voltage levels. Design note Q1 2022 Q3 2022 Q1 2023 By end of the year, the high level design is High level design discussion with stakeholders Updated design based on stakeholder’s trans

  49. Slide 49: Rationales for the evolution of the imbalance price

    Rationales for the evolution of the imbalance price

  50. Slide 50: The roadmap to net zero implies a paradigm shift

    The roadmap to net zero implies a paradigm shift Demand can only follow generation if it receives an appropriate signal to do so. This signal can be an explicit activation by the TSO, or an implicit financial incentive. Since all the flexible assets will not be able or interested in offering their f

  51. Slide 51: Building a vision and a roadmap for the imbalance price evolutions

    Building a vision and a roadmap for the imbalance price evolutions  Elia has started collecting feedback from market parties regarding their needs, constraints and issues when calibrating their implicit reaction based on (a.o.) imbalance tariff. All additional feedback would be welcome (please cont

  52. Slide 52: While initiating some "no regret" actions

    While initiating some “no regret” actions A few initiatives that might constitute some of the building blocks of the future roadmap were already started because they are needed anyway in the context of other evolutions (“no regret” actions):  Simplify • Project aiming at forecasting the Belgian Sys

  53. Slide 53: Elia proposes to launch the publication of the Qh0 and Qh1 forecasts

    Elia proposes to launch the publication of the Qh0 and Qh1 forecasts 2020 data 2021 data 2022 data (jan-may) Model 2021 study on 2020 data Proposed threshold 160 140 120 RMSE [MW] 100 80 60 40 20 0 2 7 12 17 22 27 32 37 42 Time fore end of the quarter hour for which the forecast is made [min] Qh0 Qh

  54. Slide 54: Publication on EliaOpenData portal

    Publication on EliaOpenData portal • 2 new datasets will be published on EliaOpenData portal: • System imbalance forecasts for the current (ongoing) quarter hour • System imbalance forecasts for the next quarter hour • Each publication consists of both the point forecast (in MW) and the categorical

  55. Slide 55: Agenda

    Agenda 1. Approval of the minutes of the Users' Group 5. WG Consumer-Centric Market Design: state of plenary meeting of 9 June 2022 play of ongoing work 2. Federal Development Plan 6. WG Adequacy: state of play of ongoing work 3. WG Belgian Grid: state of play of ongoing work 7. WG System Operations

  56. Slide 56: WG Adequacy – Status ongoing work

    WG Adequacy – Status ongoing work 25/08 13/09 13/10 28/10 17/11 16/12 26/01 17/02 24/03 14/04 TBD 15/06 29/06 WG#9 WG#10 Today WG#11 WG#12 WG#13 WG#14 WG#15 WG#16 WG#17 WG#18 WG#19 WG#20 WG#21 Aug. Sept. Oct. Nov. Dec. Jan. Feb. March. April Mai June 2023 Deep-Dive CRM Functioning Rules v3 Proposal

  57. Slide 57: WG Adequacy – Status ongoing work (Implementation)

    WG Adequacy – Status ongoing work Ministerial Decree: Calibration report Ministerial Decree: Functioning Winter Plan : Functioning AdeqFlex 23 Instruction Y-4 DP27-28 Instruction Y-4 Rules v2 development LCT Rules v3 Auction DP 26 Auction DP 27 LCT : Go/NoGo CRM CC – updated CRM CC – version sent up

  58. Slide 58: CRM design: status & next steps

    CRM design: status & next steps ELIA judged the time was right to perform a more critical review of the CRM design: • After having completed (almost) two full CRM auction cycles; & • Anticipating many more upcoming auctions, especially also Y-1 auctions as of 2024 to close the adequacy gap, targetin

  59. Slide 59: Feedback gathered and being addressed

    The following feedback has been gathered and is being /will be addressed Main takeaways Winter plan Minister 1) Unlock the participation of low voltage flexibility to the CRM  Is being addressed together with the DSOs Fundamental CRM design improvements  Exemption proposed for demand response capa

  60. Slide 60: Tender for Low Carbon Technologies

    Tender for Low Carbon Technologies In it’s winter plan, the government has instructed Elia to start the development of a Tender targeting Demand Side Response and Batteries – the Tender For Low Carbon Technologies: What will the tender look like: - A CRM inspired targeted tender to attract new in-th

  61. Slide 61: Tender for Low Carbon Technologies

    Tender for Low Carbon Technologies Status:  LCT introduced to Market Parties in WG Adequacy of 13th of September  Major design deviations have been mapped (compared to CRM)  Eligibility criteria (main focus, most significant changes)  Pre-delivery, Auction, Secondary Market (minor changes)  Del

  62. Slide 62: Agenda

    Agenda 1. Approval of the minutes of the Users' Group 5. WG Consumer-Centric Market Design: state of plenary meeting of 9 June 2022 play of ongoing work 2. Federal Development Plan 6. WG Adequacy: state of play of ongoing work 3. WG Belgian Grid: state of play of ongoing work 7. WG System Operations

  63. Slide 63: Highlights WG EMD-SO (Q2 – Q3 2022)

    Highlights WG EMD-SO (Q2 – Q3 2022) European Market Design 1. Core Day-ahead market coupling: go live and operations – Justification & constructive alignments with market parties on postponement of go live in April – First reflections & feedback of successful Core go-live in June – Focus on attentio

  64. Slide 64: Highlights WG EMD-SO (Q2 – Q3 2022)

    Highlights WG EMD-SO (Q2 – Q3 2022) System Operations 1. Low Frequency Demand Disconnection (LFDD) plan – Increased amount Renewables trigger a call for action – Discussion with grid users on actions to reach compliance – Creation of a dedicated working Group on LFDD established 2. Blackout Proof co

  65. Slide 65: Next WG EMD-SO meetings

    Next WG EMD-SO meetings Agenda proposal WG EMD SO 14/10/2022 afternoon (draft) System Operations topics • Status on the low frequency demand disconnection plan • Winter Preparedness 22-23 • Revision of the Market suspension rules European Market Design topics • Core FB DA: Core FB DA: status & exper

  66. Slide 66: Agenda

    Agenda 1. Approval of the minutes of the Users' Group 5. WG Consumer-Centric Market Design: state of plenary meeting of 9 June 2022 play of ongoing work 2. Federal Development Plan 6. WG Adequacy: state of play of ongoing work 3. WG Belgian Grid: state of play of ongoing work 7. WG System Operations

  67. Slide 67: Powering industry to net-zero: discussion

    Powering industry to net- zero: discussion Plenary Users Group 4th Oct 2022

  68. Slide 68: Powering industry towards net zero

    Powering industry towards net zero 2022: Powering + industry towards net zero 2018: Consumer-centricity 2019: Preparing the 2020: E-mobility 2021: Climate neutral power system 2030 European energy system Launched before the Ukraine energy crisis • Study focusing on how the mid- to long term the ener

  69. Slide 69: Powering industry towards net zero

    Powering industry towards net zero Energy intensive/ SME’s / large non-energy Data centers Service logistics centers hard-to-abate industries intensive industries 1 Decarbonisation options • > 25 stakeholders consulted on transition plans • Bottom-up & top down approach • National level & focus on f

  70. Slide 70: Scenario building

    Scenario building 2030 2040 & 2050 Central scenario Fossil fuels and Electrified processes Fuel and feedstock Sectors Central scenario carbon capture substitution (low- Bottom up approach: carbon MOL) Steel Based on industry Sensitivity on increased Sensitivity on H2 in industrial cluster or H2 Non-

  71. Slide 71: Triangulation of bottom-up & top-down approach

    Triangulation of bottom-up & top-down approach Top down approach Bottom up approach Sectoral energy & emission figures, national level Production process energy & emission figures Production Energy Carbon Sectoral energy demand Sectoral GHG emissions volumes intensity intensity per carrier (GJ/year)

  72. Slide 72: Next steps

    Next steps  Launch of study on 18th of November (online event)  Analysis of other industrial clusters (Henegouwen, Antwerpen as first examples)  Continued discussion with stakeholders on transition plans via KAMs  Need to pro-actively design & develop grid as enabler for transition of industry 7

  73. Slide 73: Thanks for your attention

    Thanks for your attention

  74. Slide 74: Agenda

    Agenda 1. Approval of the minutes of the Users' Group 5. WG Consumer-Centric Market Design: state of plenary meeting of 9 June 2022 play of ongoing work 2. Federal Development Plan 6. WG Adequacy: state of play of ongoing work 3. WG Belgian Grid: state of play of ongoing work 7. WG System Operations

  75. Slide 75: Miscellaneous

    Miscellaneous Ongoing public consultation Next plenary meeting  15/09 – 13/10 Public consultation of  Last plenary meeting 2022: 6 December the study on the evolution of the BRP – 2 p.m. to 5 p.m. nominations  15/09 – 13/10 Public consultation in the study on procurement strategies for a dynamic

Elia Group — Investor Presentation (October 2022) on 6ix