1. Capacity Allocation & Congestion Management Network Codes Stakeholder Meeting 3 July 2012 Introduction & Overview \

2. Agenda  10.30: Welcome & Introduction  10.40: The CACM network code: A summary of responses to consultation & the key areas where stakeholder consider we need to focus  10.50 – 13.30: Working Session – Tackling the outstanding challenges:  13.30: Lunch  14.15: Questions & Answers on the treatment of stakeholder comments  14.45: Views from the Associations & stakeholders - What’s your reaction to the proposed way forward? - Where would you encourage us to focus most in the next few months?  15.45: Next steps & concluding remarks  10.30: Welcome & Introduction  10.40: The CACM network code: A summary of responses to consultation & the key areas where stakeholder consider we need to focus  10.50 – 13.30: Working Session – Tackling the outstanding challenges:  13.30: Lunch  14.15: Questions & Answers on the treatment of stakeholder comments  14.45: Views from the Associations & stakeholders - What’s your reaction to the proposed way forward? - Where would you encourage us to focus most in the next few months?  15.45: Next steps & concluding remarks

3. Overview – Process to date & immediate next steps 23 March – Consultation Begins Stakeholder workshop 23 May – consultation closes Comments considered & code updated Stakeholder workshop – 3 July Code updated & circulated

4. Responses to the consultation 2098 comments received. Covering all elements of the code. But focused on capacity calculation, bidding zones & firmness. Significant challenge in addressing & including comments. And in showing how we’ve considered the comments. 2098 comments received. Covering all elements of the code. But focused on capacity calculation, bidding zones & firmness. Significant challenge in addressing & including comments. And in showing how we’ve considered the comments.

5. Points we received Capacity calculation methods should be fully coordinated within regions More clarity of flow based & NTC based approaches Clearer reporting on bidding zone definitions and reviews More flexibility in algorithm development & amendment Greater clarity on transitional intraday arrangements Define force majeure & emergency situations Align the timings Align with the governance guideline Harmonise definitions & improve recitals

6. Format of this morning Table 1 Capacity Calculation & Bidding Zones Group A please start here Table 2 Day Ahead, Intraday & Firmness Group B please start here Table 3 A common approach & general questions Group C please start here We’ll then ask groups to rotate so they are involved in a discussion on each topic.

7. Process to deliver the code to ACER 16 July – code circulated 1 August – key issues received 7 August – Stakeholder Group 29 August – Stakeholder Group 7 September –final internal Committee approval 11 September – Code submitted for Assembly approval 25 September – Assembly meeting 30 September – Deadline for ACER submission

8. Thank you