1. _________ CASC.EU Intraday Forum _________ ROME, March 13 th, 2012 1Intraday Forum, ROME, 2012/03/13

2. CASC.EU SA – General information Incorporated on October 1 st, 2008 Located in Luxembourg Operations started: Nov 28 th 2008 – Explicit Auctions (Y/M/D) – Clearing and settlement towards MPs and congestion rent distribution to the TSOs – Service provider to the TSOs regarding Market coupling Since November 10th 2010; 12 shareholders – Netherlands, Belgium, France, Italy, Greece, Slovenia, Austria, Switzerland, Germany (3), Luxembourg 2Intraday Forum, ROME, 2012/03/13

3. Activities and services offered by CASC.EU 1/2 Services provider to the TSOs Explicit Auctions – Long term, Daily and Intraday auctions Clearing and settlement of auctions Market Coupling services – Post-coupling and Publication – Collection and distribution of congestion revenues to TSOs 3Intraday Forum, ROME, 2012/03/13

4. Activities and services offered by CASC.EU 2/2 Registration of Auction participants Publication of all relevant information TSOs will remain responsible for: – Auction rules – Contacts with the regulators – Calculating available capacities 4Intraday Forum, ROME, 2012/03/13

5. Working area CASC.EU CWE and DE<>DK1 LT Auctions ITVC Shadow Auctions CSE Borders 5 SNB Borders Intraday Forum, ROME, 2012/03/13

6. Intraday Auctions New set of Auction Rules for Intraday Explicit auctions Borders covered: IT<>FR, IT<>CH, IT<>SI and IT<>AT Consultation: – Under consultation until March 16 th 2012. – Available on CASC.EU website – Comments and feedback Feedback.auctionrules@casc.eu 6Intraday Forum, ROME, 2012/03/13

7. Intraday Auctions - General Information Auction Products  Intraday D-1 (XBID1)  23 / 24 / 25 Positions  00:00 – 23:00 / 24:00 / 25:00  Run in the afternoon on D-1  No UIOSI, UIOLI  No secondary market  Intraday D (XBID2)  8 Positions  16:00 – 24:00  Run in the morning on D  No UIOSI, UIOLI  No secondary market Borders 1.IT<>FR 2.IT<>CH 3.IT<>SI 4.IT<>AT 7Intraday Forum, ROME, 2012/03/13

8. Intraday Entitlement 8Intraday Forum, ROME, 2012/03/13

9. Traders’ Auction Tool Presentation of IT tool using screenshots http://www.casc.eu/en/EXAU-System Publication on CASC.EU website 9Intraday Forum, ROME, 2012/03/13

10. Login page 10Intraday Forum, ROME, 2012/03/13

11. Home page 11Intraday Forum, ROME, 2012/03/13

12. Auction display - Intraday 12Intraday Forum, ROME, 2012/03/13

13. Bid Screen 13 Possibility to Copy/Paste from Excel Intraday Forum, ROME, 2012/03/13

14. Acknowledgements 14Intraday Forum, ROME, 2012/03/13

15. Auction Results 15Intraday Forum, ROME, 2012/03/13

16. Financial Guarantees checked during Bidding Period – before marginal price is known During the Bidding Period: – We check: (bid n x price n ) ≤ Financial Guarantee If bid amount exceeds Financial Guarantees then bid is rejected Financial Guarantee Check – Intraday Auctions Bidding End Clearing Period Bidding Start Bidding Period Allocation Results 16 Intraday Forum, ROME, 2012/03/13

17. CASC.EU - Auction Specification 17Intraday Forum, ROME, 2012/03/13

18. CASC.EU – Auction Results 18Intraday Forum, ROME, 2012/03/13

19. Registration with CASC.EU Required registration documents – Declaration of Acceptance for Intraday (DoAI) – Participant Financial Agreement (PFA) Registration of traders Registration Documents available on http://www.casc.eu/en/Resource- center/CASCEU http://www.casc.eu/en/Resource- center/CASCEU 19Intraday Forum, ROME, 2012/03/13

20. Registration Documents New market participant – DoAI – PFA Opening of a dedicated bank account by CASC.EU Already registered party – DoAI 20Intraday Forum, ROME, 2012/03/13

21. 1.Market Participant fills in all required forms and documents 2.Forms and documents are sent electronically as a scan to CASC.EU 3.CASC.EU will approve that the documents are complete OR will request corrections where needed 4.Documents are sent to CASC.EU in paper form 5.CASC will register Market Participants in the auction tool and will provide the Market Participant with the bank account information to deposit the financial guarantees Process of Registration 21 Intraday Forum, ROME, 2012/03/13

22. Parties may register up to 10 user for all CASC.EU areas who will have access to the system 1 Settlement Viewer profile – Settlement results view only 2 contacts – no access to the system If the form is updated, then we need the complete list of 10 users which should replace the currently registered users Trader and Contact Form 22 Intraday Forum, ROME, 2012/03/13

23. Training for Market Participants Depending on the necessity a Training of EXAU system can be organized in May Information will be published on CASC.EU website 23 Intraday Forum, ROME, 2012/03/13

24. Thank You for Your Attention Questions and answers Intraday Forum, ROME, 2012/03/1324