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IFE-CASC long term auctions Project status. Implementation Group Meeting - Lisbon, 3-12-2013. Plan. Initial Project perimeter Initial Project planning Project Status Potential Impacts on the SWE coupling project Ways forward - Options. Project perimeter.

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ife casc long term auctions project status

IFE-CASC long term auctionsProject status

Implementation Group Meeting - Lisbon, 3-12-2013

slide2
Plan

Initial Project perimeter

Initial Project planning

Project Status

Potential Impacts on the SWE coupling project

Ways forward - Options

project perimeter
Project perimeter
  • CASC will manage yearly and monthly auctions
  • RTE willkeepmanagingdaily auctions (untillcoupling)
  • REE willkeepmanagingintraday auctions

REE

Rte

Rte

REE

planning as for july 2013
Planning (as for July 2013*)

GO LIVE :

November 2013

MoU signature

Comfortletters

Submission for approval

Forum

Comfortlettersdemand

IFE and HAR rules

Consultation

Regulatoryapprovals

Design, IT specifications

IT developments

Common tests

RTE / REE / CASC

Contracts

*as for RegionalRoadmaps, go-live wasinitiallyscheduled for mid-2012

work already carried out
Work already carried out
  • Letters of comfort received from regulators / Spanish ministry
  • Design of auctions
  • IT specifications
  • Signature of MoU
  • Public consultation of HAR including France-Spain border
  • Public consultation of IFE rules for short term timeframes
  • Forum with market parties
  • IT developments started (RTE-REE)
  • IT developments expected to be ready for common testing from 1st October
milestones regulation
Milestones - Regulation
  • Submission of HAR and IFE rules to regulators  July 2013
    • the approval time is 4 months in some countries, and the HAR needs to be approved in all involved countries
    • HAR 2.0 have been submitted in all involved countries, except for Spain
    • HAR 2.0 have been downgraded to a 1.1 version, excluding French-Spanish border but keeping all other relevant evolutions. REE has contributed to HAR 1.1 (e.g. rules now clarify that approval can be issued by NRAs and/or relevant ministries)
    • HAR 1.1 approved in France, CRE requesting coordination between RTE and REE to submit Harmonized Auction Rules
    • Spanish Operational Procedures  Work in progress, to be submitted by July 2013 (?)
    • High level Spanish regulation (Ministerial order 4112/225)  Evolutions needed by November 2013, out of TSOs responsibility
milestones contracts
Milestones - Contracts
  • Cooperation Agreement REE-RTE  Need updates, work in progress
  • Service Level Agreement REE-RTE-CASC or RTE-CASC  Work in progress, template and procedures ready
  • CASC shareholdership issue
  • Different perceptions of the situation
  • Rules of internal order of CASC: principle of equality of treatment for TSOs
  • Not a prerequisite for the finalisation of the project, it can be implemented in a second step. CASC has no control over Auction Rules.
milestones it
Milestones - IT
  • Finalization of the test Master plan  July
  • IT developmentsstarted
  • Internal tests  RTE: May-July
        •  REE: (?)
        • Common tests REE-RTE-CASC  Scheduled for :October-November, but not performedyet. Only tests between RTE and CASC have been succesfullycarried out
interactions with swe coupling project
Interactions with SWE coupling project
  •  DELAY of IFE-CASC project
  • Day-ahead Coupling SWE
    • Interdependencies between the two projects exist
    • Same IT tools and regulation are impacted by the two projects, therefore:
    • Need to keep the sequence (1) IFE-CASC, (2) coupling SWE, otherwise, IT development cycles and regulatory evolutions sequence hugely impacted;
    • Simultaneous go-live of the two project non-feasible (operational and IT constraints).
impacts on swe coupling scenarios discussed with projet partners and regulators
Impacts on SWE coupling : scenarios discussed with projet partners and Regulators

Scenario 1 : long-term auctions project is implemented by february-march 2014  No major impacts on SWE coupling

Scenario 2 : long-term auctions project is delayed of few months  SWE coupling delayed of appoximately the same period

Scenario 3 : long-term auctions project is not implemented before the SWE coupling  SWE coupling no earlier than end 2014 (new IT cycles, costs…)

 Agreement for avoiding scenarios 2 and 3

ways forward
Ways-forward

A modification of the perimeter of the IFE-CASC project is currently being discussed between REE, RTE and CASC, in order not to impact the SWE coupling

These solutions must be coherent with IT, legal, fiscal, regulatory and timing constraints (i.e. : no impacts on SWE coupling)

Possible solutions :

CASC as Service Provider of both RTE and REE, using HAR

CASC as Service Provider of both RTE and REE, using adapted IFE Rules

REE keeps performing yearly auction, RTE outsources monthly auctions (and Resales, UIOSI, management of reductions…) to CASC, using adapted IFE Rules

solution a casc as service provider and har
Solution A – CASC as service provider and HAR

REE and RTE would keep control of auction rules

REE could become CASC shareholder in a second step

In line with Regional Roadmaps

In line with Market needs

Contracts almost finalized

Public consultation already carried out, approval already obtained in all other involved countries. Need of fast approval in Spain and France – Need of updating Ministerial Order

Need of updating Royal Decree ?

Outsourcing to CASC cost-efficient (transparency regulation…), CASC offer in line with comfort letters

solution b casc as service provider of rte and ree and specific ife rules
Solution B – CASC as service provider of RTE and REE and specific IFE rules

REE and RTE would keep control of auction rules

REE could become CASC shareholder in a second step

Delegation to CASC by RTE and REE should be similar to the delegation clauses of HAR

Moderately in line with Regional Roadmaps and Market needs (no HAR, but yet single platform for long term rights)

Contracts almost finalized

Need of new Public consultation – Need of updating Ministerial Order. New rules should include evolutions needed for SWE coupling.

Outsourcing to CASC cost-efficient (transparency regulation…), CASC offer in line with comfort letters

solution c casc managing only monthly auctions and secondary markets specific ife rules
Solution C – CASC managing only monthly auctions and secondary markets + specific IFE rules
  • REE and RTE would keep control of auction rules
  • REE could become CASC shareholder in a second step
  • Delegation to CASC by RTE should be similar to the delegation clauses of HAR
  • Not in line with Regional Roadmaps and Market needs (no HAR, nor single platform for long term rights)
  • Need of new Public consultation – Need of updating Ministerial Order. New rules should include evolutions needed for SWE coupling.
possible implementation plan

2013 2014

Possible implementation plan

New project perimeter definition

GO-LIVE

SWE Full Coupling Go live window

Approval

New IT developments (C)

RTE internal testing

RTE-CASC testing

RTE-REE-CASC testing

Rules modifications

(B and C)

Public consultation

(B and C)

Submission for approval

Approval

  • Planning is extremely tight
  • 1 month contingency may be needed for Regulatory approvals (go-live in March for April auction)
conclusions
Conclusions

RTE supports option A : CASC as service provider and use of Harmonized Auction Rules

Options B and C could be implemented too in order not to delay the SWE Coupling

Option C should be considered and agreed as a temporary solution

Decision needs to be taken in the next days, otherwise the SWE coupling will be impacted

Guidance is therefore expected today from NRAs