Consultation Overview
Commission Regulation (EU) 2015/1222 of 24 July 2015 establishing a guideline on the capacity allocation and congestion management (the ‘CACM Regulation’) laid down a range of requirements for the cross-zonal capacity allocation and congestion management on the day-ahead and intra-day markets in electricity. Chapter 6 of the CACM Regulation specifies requirements for the Single Intraday Coupling (SIDC), including products that can be taken into account in the SIDC. The SIDC Products Methodology concerns products and order types that can be taken into account and used when submitting sell and buy orders in the SIDC as provided for under Article 53 of CACM.
In the perspective of the implementation of the 15 min products within the Single Day-Ahead Coupling (SDAC), all-NEMOs, in cooperation with all-TSOs, have performed during the last 3 years extensive R&D and developments for making available 15min MTU products in the SDAC algorithm taking into consideration the increased trading volumes and complexity of the algorithm, as well as the expansion of the coupled network topology. The same algorithm used for the SDAC is also used for the intraday auctions’ implicit allocation of cross-zonal capacities, so that, in principle, the same algorithmic functionalities and products can be used both in SDAC and in the IDAs.
NEMOs are now consulting on the amendments to the SIDC Product Methodology, in accordance with Article 12 of CACM. Besides any re-phrasing and clarification improvements this public consultation intends on reflecting harmonisation of terms and conditions on the IDAs section of the SIDC as already proposed for SDAC by the NEMOs in their recent public consultation and proposal submitted to ACER (https://www.nemo-committee.eu/public-consultations/public-consultation-pursuant-to-art-12-of-commission-regulation and https://www.acer.europa.eu/news-and-events/news/acer-decide-amending-electricity-single-day-ahead-coupling-products-methodology).
Information about this public consultation and relevant background documents and links are included in the Explanatory note.
A summary of the proposed amendments in the SIDC Products Methodology text is as follows:
- the ‘Whereas’ section is updated for the frequent updating of the SIDC PM including supporting considerations for the proposed amendments due to the 15min MTU products adoption and activation for the IDAs.
- rephrasing/clarification improvements of existing content and adaptation of certain terms defined for usage in the document. Re-arranged existing content/provisions for continuous trading and the intraday auctions from relevant specific for the case articles.
- term “calendar day” is replaced by “delivery day” as the relevant power contracts are defined in the physical delivery day domain (uniformly in CET time for each bidding zone).
- content relevant to the acceptance/rejection criteria of demand/supply curves due to the Cross Product Matching is added in the re-numbered Article 6 for “Aggregated MTU Orders for the IDAs”.
- rephrasing/clarification improvement in the acceptance rules of Linked Block Orders. Added explicit reference on possible combinations of Linked Block and Exclusive Group Orders. Added clarifications for the using Linked Block Orders and Exclusive Groups of Block Orders with Block Orders defined over different MTUs (re-numbered Article 7).
- the MIC/MP/Load gradient and conditions description is removed in the event of Scalable Complex Orders introduction.
- Introduced the Scalable Complex Orders (MIC/MP/Load gradient and conditions) description and their acceptance/rejection criteria (re-numbered Article 7).
- included Appendix for the list of NEMOs for which the SIDC Products methodology applied for.
Why We Are Consulting
Any amendment of CACM Terms, Conditions or Methodologies needs to be submitted for public consultation for at least one month (pursuant to art 12 of CACM) to consider stakeholder´s views on this reviewed proposal.
Feedback
NEMOs welcome the feedback of the stakeholders on this public consultation. Feedback on the aforementioned proposals under Public Consultation could be sent to the following contact details.
Results of the public consultation:
Consultation report
Response Eurelectric
Response EDF
Response ETE