System Operation Changes – Interaction with ELEXON APEx Conference: Leipzig October 2004.

Slides:



Advertisements
Similar presentations
European Federation of Energy Traders 1 Electricity Regional Initiative Central-South Europe Region 4th Stakeholder Group meeting The Central South Region.
Advertisements

2000, Independent Electricity Market Operator All Rights Reserved 1.
1 Establishing Efficient Marketplaces - lessons learned Presentation by: Kjell Asserlind APEx Annual Conference Cartagena, October.
IFIEC’s view on Transparency in Electricity Markets Christoph Bier ERGEG Public Hearing on Guidelines of Good Practice on Transparency and Information.
FR-UK-IE Regional Initiative Cross-Border Balancing Procurement State of progress SG July 2008 Jean-Philippe Paul - John Prime.
Strategies for Wind Power Trading in Sequential Short–Term Electricity Markets Franck Bourry and George Kariniotakis Center for Energy and Processes EWEC.
Roles and Responsibilities network owners system operator(s) regulators Infrastructure brokers power exchange(s) Market Places generatorsconsumerssupplierstraders.
The information in this presentation has been collated by ELEXON and while all due care has been taken to ensure the accuracy of this information, ELEXON.
Ramping and CMSC (Congestion Management Settlement Credit) payments.
Credit Cover Arrangements provided by ELEXON APEx Conference: Leipzig October 2004.
KEY CONSULTATIONS an overview Louise Masters InnogyOne, Innogy UK Offshore Wind 2003.
MISO’s Midwest Market Initiative APEX Ron McNamara October 31, 2005.
The Yellow Book and the Blue Book 1993: PUC staff produces Yellow Book –Blames high prices on regulation and planning –Proposes alternative forms of competition.
Luis A. Camargo S. Wholesale Electricity Market Manager Colombia The Andean Electricity Market -TIE- Cartagena de Indias, October 14&15th
Overview of the UK Electricity Market
Welcome to First Hydro Company 4 June First Hydro Slide 2  Approximately 200 employees across four sites  Dinorwig –the largest pumped storage.
A Primer on Electric Utilities, Deregulation, and Restructuring of U.S. Electricity Markets W.M. Warwick July 2000 Revised May 2002.
Energy Markets 201 Tribal Solar Working Group April 30, 2015.
Trading rules in Lithuania Giedrius Radvila Lietuvos energija AB 3 July 2006, Riga II MINI-FORA.
Gent Summer School: Electricity Markets & Trading Gregory Michiels 27 August 2013.
Wind Power in Ireland: Treatment of wind in the Single Electricity Market APEx Conference, Paris 16 th October 2007.
The information in this presentation has been collated by ELEXON and while all due care has been taken to ensure the accuracy of this information, ELEXON.
1 The UK Electricity Market Stuart Senior Chief Executive, ELEXON
1 WHOLESALE ELECTRICITY MARKET DESIGN AND STRUCTURE Massimo Parati Market Department Italian Regulatory Authority for Electricity and Gas Milan, March.
Overview of LMP Markets Features of ISOs / RTOs David Withrow Senior Market Economist Fall 2007 Meeting of the NARUC Staff Subcommittee on Accounting and.
Incentive Based Regulation for SO Costs Andrew Mcintosh European Policy Manager Florence School of Regulation Workshop Improving and Extending Incentive-based.
Welcome New York Independent System Operator. (Pre-NYISO) Regulated Market Physical contracts Regulated industry Cost Based System Two Party Deals Bundled.
(C) NordPool1 The Nordic Power Market Zonal Pricing Jan Vidar Thoresen Managing Director Nord Pool Consulting AS.
GB Electricity Market Reform: The implementation challenges ahead IAEE International Conference Stockholm, June 20 – Dorcas Batstone
Energy Markets 101 Tribal Solar Working Group March 24, 2015.
Challenges for the SEM.  Day-ahead price coupling is a key feature of the final draft Framework Guidelines on congestion management issued by ERGEG in.
Overview of the North American and Canadian Markets 2008 APEX Conference in Sydney, Australia October 13, 2008 Hung-po Chao Director, Market Strategy and.
Power Exchanges in the extended EU The experience in Czech Republic APEx Conference 2004 October 11 th, Leipzig Miroslav Marvan Operator trhu s.
NETWORK TARIFFS IN LITHUANIA AISTIJA ZUBAVICIUTE National Control Commission for Prices and Energy 3 July 2006, Riga Baltic Electricity Market Mini-Forum.
FR-UK-IE Regional Initiative Cross-Border Balancing Procurement 26 Nov 2007 John Prime.
Ontario Electricity Supply Forum PEO Mississauga Chapter - September 6, 2007 Rhonda Wright-Hilbig, P.Eng Market Analysis - IESO.
SUMMARY OF THE IG DISCUSSION PAPER ON THE BALANCING IN THE BALTICS Aistija Zubaviciute, NCC Baltic Electricity Market Mini-Forum 23rd November 2006, Vilnius.
Bulk Power Transmission System
Energy Market Reform in Great Britain The evolution of a market.
1 Electricity System and Energy Market Basics David J. Lawrence Manager, Auxiliary Market Products Prepared for: RGGI I&L Workshop June 15, 2006.
RPRS ERCOT System Wide Insufficiency Charge Presented at the Technical Advisory Committee June 1, 2006.
The Electricity Pool Status Update - England & Wales Retail competition began rollout in September Retail competition began rollout in September - profiling.
N. Keith Tovey, M.A. PhD, C.Eng MICE University of East Anglia Norwich 17th February 2003 The changing face of the Electricity Market in the UK Изменяющееся.
Medium-term TEC Trading ARODG Seminars Glasgow & London February 2007.
1 SPANISH HUB DEVELOPMENT 17 th IG meeting 2 nd November 2011.
Is there a need for a change?
Nodal Credit Monitoring and Management – Business Requirements ERCOT CREDIT Department October 11, 2006.
Renewable & CHP Generators : A suppliers perspective Presentation by Steve Armitage Tel
Your Competitive Edge In Energy. Designing Liquid, Transparent, Reliable Wholesale Markets Nigel Evans Executive Vice President Head of Global Energy.
Managing Reliability and the Markets with PI
Market Participant Experiences with Demand Side Bidding and Future Direction Linda Roberts, EA Technology Richard Formby, EA Technology.
SOUTHERN CALIFORNIA EDISON SM Southern California Edison Company’s Proposal to Participate in Convergence Bidding August 23, 2010.
Siemens.com/answers Unrestricted © Siemens AG 2014 All rights reserved. Back to the Future? A Smart Energy Community Claremorris, Sept 2014.
CIGRE TF C5-2-1: Classification of Electricity Markets Worldwide
Transmission Rights. The Markets EnergyForwardTransmissionRightsAncillaryServices Must Run Contracts Energy OperatingReserveCapacityReserve Procurement.
Power Trading Financial Markets Electricity. Triple Point Technology2 Current Situation… GenerationTransmissionDistributionConsumers.
Role Of ERC in the WESM To enforce the rules and regulations governing the operations of the WESM and monitors the activities of the Market Operator and.
SESSION 1 - PART 1: EUROPEAN MARKETS SITUATION “MARKET TRANSPARENCY SITUATION IN EUROPE” Maria luisa Huidobro President & CEO of OMEL 2006 APEX Conference.
Electricity Markets Simon Watson. Overview UK as exemplar The state-owned Electricity Supply Industry The Electricity Pool Hedging Your Bets! Deregulation.
GB Transmission and Market Operations Tom Ireland & Will Kirk-Wilson National Grid Presentation to EUD Seminar 5 September 2012.
Interconnector Physical Notification submissions following XBID (Cross Border Intra Day) market implementation; the cross border gate closure definition.
Energy System Investment and Risk Management Unit 2C: Electricity Trading and Renewables Simon Watson, CREST Loughborough University.
Www2.nationalgrid.com/bsuos An Introduction to Balancing Services Use of System Charging (BSUOS)
Electricity Markets Simon Watson.
Wind Market Data 8th October 2014.
Electricity Wholesale Markets: Designs for a low-carbon future
An Introduction to Balancing Services Use of System Charging (BSUOS)
CPDe Event The Changing Value in Flexibility 19th April 2018.
Long-term Capacity Market
Survey on Ancillary services procurement, Balancing market design 2018
Presentation transcript:

System Operation Changes – Interaction with ELEXON APEx Conference: Leipzig October 2004

Content System Operator Changes –BETTA - what is it? System Operator Interaction with ELEXON –The Role of the SO

BETTA and the SO Single GB wide market – GB wide settlement Single Deep ISO

Now England and Wales : 1 SO/TO, NETA Generators Suppliers 12 Distributors Scotland 2 SO/TO/Generators/ Suppliers/Distributors Nuclear Generators(Long term contract) Some independent Generation and Supply Settlement based on NETA prices

A Single Market England and WalesScotland NETANow BETTA

The Big Change System and Transmission Operation England and Wales TO GB System Operator Scotland TO NGC Scottish Power Scottish and Southern How deep?

How Deep? Very Deep –System control –Outage planning –Connection agreements –Balancing services Transmission Operators – asset owners

Market Timescales Rolling half hour trades Balancing Mechanism Forward Markets Year Ahead - T (or earlier) 1hr - T Imbalance Settlement T+ 14 months Bilateral contracting OTC Power Exchanges T- 48 hrs Generation & demand balanced by National Grid as SO Real time reporting Post event settlement

Information Required from NGC for Market settlement Bids and Offers Accepted in the Balancing Mechanism –Used in the calculation of energy imbalance prices –Settlement of Bids and Offers with counterparties Two categories of data on Balancing Services procured outside of the Balancing Mechanism –one used in the calculation of energy imbalance prices –one removes provider’s imbalance exposure when delivering certain Balancing Services

Forecast Data Provided by NGC Demand Forecast National and zonal generation availability (in timescales up to 52 weeks ahead) Forecast Imbalance BM Unit Specific Info –Generation scheduled to run –Bids / Offers available to SO

Outturn Data Provided by NGC Initial Demand Outturn Bids/Offers Accepted in BM BM Unit import / export limits Balancing Services Adjustment Data Allows indicative imbalance prices to be calculated within 15 mins of settlement period end

Progress towards BETTA The new codes are Active now Connection agreements transferring to NGC Outage Planning Transferring to NGC Settlement in testing phase SO transfer on time but challenging Go Live 1 April 2004