Delivery Open Integrated and Competitive European Market in - - PowerPoint PPT Presentation

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Delivery Open Integrated and Competitive European Market in - - PowerPoint PPT Presentation

Objectives Policy Regulation SEM Considerations Context European Island of Ireland SEM Delivery Open Integrated and Competitive European Market in Electricity Market Access Common rules for market


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SLIDE 1
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 Objectives

  • Policy
  • Regulation
  • SEM

 Considerations  Context

  • European
  • Island of Ireland
  • SEM

 Delivery

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 Open Integrated and Competitive European Market

in Electricity

  • Market Access
  • Common rules for market
  • Network Access
  • Network Codes
  • Cross-border exchanges
  • Unbundling

 Independent Regulation (establishing ACER and

NRAs)

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Principal objective „to protect tect the interests of consumers of electricity supplied by authorised suppliers, wherever appr propri

  • priate

ate by promoting effecti ctive ve competi petition ion between persons engaged in, or in commercial activities connected with, the generation, transmission, distribution or supply of electricity.‟ Energy (Northern Ireland) Order 2003 Protect consumers

  • Promote competition
  • Structural separation between transmission activities and

production/supply activities of vertically integrated companies

  • Regulation
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“Wholesale electricity trading arrangements which deliver an efficient level of sustainable prices to all customers, for a supply that is reliable and secure in both the short and long-run on an all-island basis.”

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 The RA‟s must have regard to:

  • Security of supply
  • Ability to finance activities
  • Co-ordination
  • Transparent pricing
  • Avoid unfair discrimination

www.allislandproject.org

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SLIDE 7

 Framework Guidelines developed by ACER  ENTSO-E developing relevant harmonised

codes

 ACER

  • Market Monitoring
  • Market Reporting

 Published regional roadmaps for

implementation of target model in December 2011

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 Security of Supply  Renewable targets  Intermittency  Granularity  Economic dispatch

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 Demand Side Vision  Market Power and Liquidity

  • Dominance
  • Market Power Mitigation

 Market Monitoring  Directed Contracts  BCOP

 Capacity Payment Review

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 Stronger powers for national energy

regulators

 New tools to harmonise market and network

  • peration rules at pan-European level

 A new institutional framework: ACER and the

ENTSOs

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SLIDE 11