February 17, 2017

Future Power Market Platform

Downloads

For regional initiatives the context has changes - while in our discussions in 2016 it was clear, that each initiative was pursuing convergence towards pre-existing structures of the participating countries, this had been criticized for the risks it creates for lock-in with regional market models that are not compatible for other parts of Europe, resulting in fragmentation rather than integration. The proposal of EU Commission for marginal imbalance pricing with bids close to real time, provides guidance on one of the key questions that was still unresolved in the debates a year (see for example FPM summary from The Hague). Is there now a prospect that regional initiatives will strive to develop a blue-print that is suitable for all of Europe? How is this supposed to happen?

Workshop report

Workshop on Coordinated Balancing (Econstore)

For national power market design, the Winter Package has too often only been assessed for its impacts on bidding zone design. All the more important to consider is the implications of marginal pricing and real-time bids to balancing markets in the context of the existing market designs of different EU member states. We want to explore how it could address existing challenges and what other implications it would have for power market design at the example of selected countries. Is the winter package fully coherent with the EB GLs and the other set of codes?

Presentations

Session 1: Introduction EU Perspective / Winter package / New balancing code
Uniform non penalizing real time pricing
Session 2: Update on regional Initiatives turned into European platforms for the exchange of balancing energy
Julian Dyer (National Grid)
Markus Riegler (APG) Balancing & Intraday Markets
Session 3: National experiences – Current existing challenges & new challenges due to uniform pricing and market integration
Frank Nobel (Tennet) Requirements EB GL
Pablo Rodilla (Comillas/IIT)
Session 4: Aligning with intraday markets