1. European Market Model Implementation CIM Users Group Spring Meeting 2011-05-12 Praha, Czech Republic

2. European Regulation – 3 rd Package 2011-03-03: The Agency for the Cooperation of the Energy Regulators (ACER) started its operation. Two entities have been created within the European Network of Transmission System Operators :  ENTSO-E for Electricity  ENTSO-G for Gas 14 March 2016 | Page 2

3. European Regulation – ACER As concerns electricity market, ACER is responsible for: developing the Framework Guidelines for Network Codes, according to the priorities set by the European Commission; verifying that the Network Codes developed by the ENTSO-E on the basis of the Framework Guidelines are consistent with such Guidelines; providing opinions on the EU-wide Ten-Year Network Development Plans and the national network development plans, and on their suitability to promote the Internal Energy Market; deciding on cross-border capacity allocation and congestion management; monitoring the development of the Internal Energy Market. 14 March 2016 | Page 3

4. European Regulation – ACER the Internal Energy Market (IEM) target for implementation: 2015 14 March 2016 | Page 4

5. European Principles for electricity markets Regulated Third Party Access: In order to have effective competition the Transmission System Operators have to allow any electricity supplier non-discriminatory access to the transmission network to supply customers; the conditions of access to the transmission network are regulated by regulatory authority. 14 March 2016 | Page 5

6. European Principles for electricity markets Grid access tariff: Consumption/Generation is charged at the access point (no link with the electricity path). Inter TSO Compensation: Mechanism to compensate TSO for the use of its network induced by inter TSO transit. 14 March 2016 | Page 6

7. Target for the IEM Over The Counter (OTC) or bilateral trades from long term down to intraday. Long Term: Transmission Capacity Auctions based on Physical Transmission Rights (PTR) and Use It or Sell It (UIOSI) – Financial Transmission Rights (FTR) are being dicussed. Day Ahead: Implicit Auctions, i.e. Market Coupling or Market Splitting. Balancing mechanism Intraday: Continuous trading Balancing mechanism 14 March 2016 | Page 7

8. IEC 62325 CIM Market Extensions Work is going on: Part 450: “Profile and Context Modelling Rules”  submitted in February 2011 as CD Part 301: “Common Information Model”  submitted in May 2011 as CD Part 351 “European Style market profile”  to be submitted as CD in June 2011 Part 451-1 “Acknowledgment Process”  to be submitted as CD in September 2011. IOP Test scheduled mid 2012 together with the ENTSO-E Profile for Network Steady State. 14 March 2016 | Page 8

9. IEC 62325 CIM Market Extensions Part 301: “Common Information Model”: Three main packages:  MarketCommon  MarketManagement  MarketOperations 14 March 2016 | Page 9

10. IEC 62325 MarketManagement Package 14 March 2016 | Page 10

11. IEC 62325 14 March 2016 | Page 11

12. IEC 62325 CIM Market Extensions 14 March 2016 | Page 12

13. IEC 62325 CIM Market Extensions 14 March 2016 | Page 13

14. IEC 62325 CIM Market Extensions 14 March 2016 | Page 14