Belfast, 23 October 2019
Market Operator User Group
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Market Operator User Group Belfast, 23 October 2019 1 Agenda - - PowerPoint PPT Presentation
Market Operator User Group Belfast, 23 October 2019 1 Agenda Item Presenter Welcome Anne Fitzgerald Known Issues and Release Program Michael Cleary Market Development Roadmap Michael Cleary Ex-Ante Market Liam McAllister, Michael
Belfast, 23 October 2019
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Item Presenter Welcome Anne Fitzgerald Known Issues and Release Program Michael Cleary Market Development Roadmap Michael Cleary Ex-Ante Market Liam McAllister, Michael Atcheson Brexit Update Michael Atcheson Balancing Market and OPI Update Rory Cafferky, John Ging Repricing Update Dermot Campfield, Barry Hussey (RA) Settlements Sean O’Rourke, John O’Dea Capacity Market Anne Fitzgerald Registration and Query Management Claire Breslin Q&A
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Agenda
Item Presenter Welcome Anne Fitzgerald Known Issues and Release Program Michael Cleary Market Development Roadmap Michael Cleary Ex-Ante Market Liam McAllister, Michael Atcheson Brexit Update Michael Atcheson Balancing Market and OPI Update Rory Cafferky, John Ging Repricing Update Dermot Campfield, Barry Hussey (RA) Settlements Sean O’Rourke, John O’Dea Capacity Market Anne Fitzgerald Registration and Query Management Claire Breslin Q&A
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Agenda
I-SEM Day 1+, High-Level Indicative Release Timeline
Jan Feb Mar Apr May Jun July Aug Sept Oct Nov Dec Jan Feb Mar
Day to Day Operational Runnings Testing
Rel. A
Resettle
Repricing Jan Release Mar Release Oct Release June Release SEMO / SEMOpx Operations
Issue Identification, Triage and Prioritisation Issue Identification, Triage and Prioritisation
Today
Resettle (Processes & Procedures)
Mod P & P
March Release
Pt.2
Dec Release Production Operation
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Known Issues Update – Summary (1 of 2)
line with its severity and priority.
successful test closure.
Release Bundle Status Known Issues Coverage Expected Benefit Release A Deployed to production on the 29th of January 2019 14 Issues
including Fixed Cost complex bid resolution, Interconnection charges, and Autoproducers difference payments and charges fix
Release B Deployed to Production on the 26th of March 2019 4 Issues
resolution to units being skipped
charges for Interconnectors and supplier units
Hotfixes Ad Hoc deployments to Release B 2 issues
test
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Known Issues Update – Summary (2 of 2)
Release Bundle Status Known Issues Coverage Expected Benefit Release C Deployed to Production 11th of June 2019 26 Issues
participants
Release D Deployed to Production 15th of October 14 Issues
before registration start date
Release D part 2 In Vendor FAT 1 issue & further internal fixes
change)
reserve curve, despite reserve constraint binding Release E In Vendor Build 15 issues
line with its severity and priority.
successful test closure.
Item Presenter Welcome Anne Fitzgerald Known Issues and Release Program Michael Cleary Market Development Roadmap Michael Cleary Ex-Ante Market Liam McAllister, Michael Atcheson Brexit Update Michael Atcheson Balancing Market and OPI Update Rory Cafferky, John Ging Repricing Update Dermot Campfield, Barry Hussey (RA) Settlements Sean O’Rourke, John O’Dea Capacity Market Anne Fitzgerald Registration and Query Management Claire Breslin Q&A
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Agenda
Ex-ante
All Projects
Capacity
Settlements
Balancing Market
functionality…
In General
Next steps….
Item Presenter Welcome Anne Fitzgerald Known Issues and Release Program Michael Cleary Market Development Roadmap Michael Cleary Ex-Ante Market Liam McAllister, Michael Atcheson Brexit Update Michael Atcheson Balancing Market and OPI Update Rory Cafferky, John Ging Repricing Update Dermot Campfield, Barry Hussey (RA) Settlements Sean O’Rourke, John O’Dea Capacity Market Anne Fitzgerald Registration and Query Management Claire Breslin Q&A
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Agenda
*Using approx. prices
Ex-Ante Markets
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Market Value % of DAM DAM €136,440,826 IDA1 €12,462,704 9.13% IDA2 €5,504,031 4.03% IDA3 €1,530,267 1.12% IDC €1,418,926 1.04%
Ex-Ante – Identify Who is Setting the Price - DAM ? …
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Ex-Ante – Identify Who is Setting the Price - IDA1 ? …
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Ex-Ante – Monitoring
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Ex-Ante – Monitoring
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Ex-Ante Market Analysis
We are vigilant regarding our markets Processes are working!
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Ex-Ante Market Change Control
Change Requests Status of Delivery
[Auction] Complex orders for 30 min in IDAs Expected Delivery Q2 2020 [Auction] MRC Block Orders *On Hold [Continuous] AON Block for Continuous *On Hold [AUCT/CONT] ACER: Certain EIC-W codes of units to be reported within the transaction data. Cannot be delivered until after ETS 3.3.2 [Continuous] RFC from SEMOpx - M7 Transfer
Still in Assessment [AUCT/CONT] RFC from SEMOpx for setting start and end date of an Unit (per delivery date) 27/11/2019 ETS V3.3.2 M7 still in Assessment Variable NTC for Auctions In review with vendors
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ETS Maintenance
Date & time Impact Reason Communication 12/11/2019* ETS not accessible Monthly Maintenance ETS chat message (1 hour before the maintainance) + OMM message (email sent a week in advance and on the same morning) 10/12/2019 ETS not accessible Monthly Maintenance ETS chat message (1 hour before the maintainance) + OMM message (email sent a week in advance and on the same morning)
*may be combined with ETS 3.3.2 ON 26/11
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M7 Maintenance
Date & time Impact Reason Communication 12/11/2019 M7 not accessible Monthly Maintenance M7 chat message (1 hour before the maintainance) + OMM message (email sent a week in advance and on the same morning) 10/12/2019 M7 not accessible Monthly Maintenance M7 chat message (1 hour before the maintainance) + OMM message (email sent a week in advance and on the same morning)
Item Presenter Welcome Anne Fitzgerald Known Issues and Release Program Michael Cleary Market Development Roadmap Michael Cleary Ex-Ante Market Liam McAllister, Michael Atcheson Brexit Update Michael Atcheson Balancing Market and OPI Update Rory Cafferky, John Ging Repricing Update Dermot Campfield, Barry Hussey (RA) Settlements Sean O’Rourke, John O’Dea Capacity Market Anne Fitzgerald Registration and Query Management Claire Breslin Q&A
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Agenda
– Day ahead market :
– Intraday market:
needed, but this will not be available on day 1 post a ‘no deal’ Brexit.
auction but all other elements of the trading arrangements will remain the same.
communications by the SEM Committee (the decision making authority for SEM matters) in a notice to industry and the Northern Ireland Utility Regulator in an information note. The Department for Business, Energy and Industrial Strategy has also published a Technical Notice to stakeholders in preparation for Brexit.
Central Scenario for “No Deal” Brexit
Item Presenter Welcome Anne Fitzgerald Known Issues and Release Program Michael Cleary Market Development Roadmap Michael Cleary Ex-Ante Market Liam McAllister, Michael Atcheson Brexit Update Michael Atcheson Balancing Market and OPI Update Rory Cafferky, John Ging Repricing Update Dermot Campfield, Barry Hussey (RA) Settlements Sean O’Rourke, John O’Dea Capacity Market Anne Fitzgerald Registration and Query Management Claire Breslin Q&A
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Agenda
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Balancing Market
20 40 60 80 100 27/09/2019 16:30 27/09/2019 19:35 27/09/2019 22:40 28/09/2019 01:45 28/09/2019 04:50 28/09/2019 07:55 28/09/2019 11:00 28/09/2019 14:05 28/09/2019 17:10 28/09/2019 20:15 28/09/2019 23:20 29/09/2019 02:25 29/09/2019 05:30 29/09/2019 08:35 29/09/2019 13:00 29/09/2019 16:05 29/09/2019 19:10 29/09/2019 22:15 30/09/2019 01:20 30/09/2019 04:25 30/09/2019 07:30 30/09/2019 10:35 30/09/2019 13:40 30/09/2019 16:45 30/09/2019 19:50 30/09/2019 22:55 01/10/2019 02:00 01/10/2019 05:05 01/10/2019 08:10 01/10/2019 11:15 01/10/2019 14:20 01/10/2019 17:25 01/10/2019 20:30 01/10/2019 23:35 02/10/2019 02:40 02/10/2019 05:40 02/10/2019 08:45 02/10/2019 11:50 02/10/2019 14:55 02/10/2019 18:00 02/10/2019 21:05 03/10/2019 00:10 03/10/2019 03:15 03/10/2019 06:20 03/10/2019 09:25 03/10/2019 12:30 Original NIV Expected NIV Missing Wind Imbalance
Impact of Missing Wind DIs 27th of September to 03rd of October
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Balancing Market
20 40 60 80 16/10/2019 04:00 16/10/2019 04:40 16/10/2019 05:20 16/10/2019 06:00 16/10/2019 06:40 16/10/2019 07:20 16/10/2019 08:00 16/10/2019 08:40 16/10/2019 09:20 16/10/2019 10:00 16/10/2019 10:40 16/10/2019 11:20 16/10/2019 12:00 16/10/2019 12:40 16/10/2019 13:20 16/10/2019 14:00 16/10/2019 14:40 16/10/2019 15:20 16/10/2019 16:00 16/10/2019 16:40 16/10/2019 17:20 16/10/2019 18:00 16/10/2019 18:40 16/10/2019 19:20 16/10/2019 20:00 16/10/2019 20:40 16/10/2019 21:20 16/10/2019 22:00 16/10/2019 22:40 16/10/2019 23:20 17/10/2019 17/10/2019 00:40 17/10/2019 01:20 17/10/2019 02:00 17/10/2019 02:40 17/10/2019 03:20 17/10/2019 04:00 17/10/2019 04:40 17/10/2019 05:20 17/10/2019 06:00 17/10/2019 06:40 17/10/2019 07:20 17/10/2019 08:00 17/10/2019 08:40 17/10/2019 09:20 17/10/2019 10:00 Original NIV Expected NIV Missing Wind Imbalance
Impact of Missing Wind DIs 16th to 17th of October
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Balancing Market
0.001 0.002 0.003 0.004 0.005 0.006 0.007 0.008 0.009 01/06/2019 03/06/2019 19:20 06/06/2019 14:40 09/06/2019 10:00 13/06/2019 23:50 16/06/2019 19:15 19/06/2019 14:35 22/06/2019 10:35 25/06/2019 15:45 28/06/2019 12:35 01/07/2019 07:55 04/07/2019 03:15 06/07/2019 22:35 09/07/2019 17:55 12/07/2019 13:15 15/07/2019 08:35 18/07/2019 04:30 20/07/2019 23:50 23/07/2019 19:10 26/07/2019 14:30 29/07/2019 09:50 01/08/2019 05:15 04/08/2019 00:35 06/08/2019 19:55 09/08/2019 15:20 12/08/2019 10:40 15/08/2019 06:00 18/08/2019 01:25 20/08/2019 23:40 23/08/2019 19:00 26/08/2019 14:20 29/08/2019 09:55 01/09/2019 07:40 04/09/2019 03:00 07/09/2019 01:20 09/09/2019 20:40 12/09/2019 16:00 15/09/2019 11:20 18/09/2019 06:45 21/09/2019 14:55 24/09/2019 10:15 27/09/2019 05:40 30/09/2019 02:20 02/10/2019 21:40 05/10/2019 17:35 08/10/2019 14:45 11/10/2019 14:30 14/10/2019 12:35 Date of Release C Date of Release D Calculation Time Max 5 Minute Linear (Calculation Time)
RTPIMB Calculation Performance Over Time
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Balancing Market
00:00:00 00:00:17 00:00:35 00:00:52 00:01:09 00:01:26 00:01:44 00:02:01 00:02:18
Time to Read Tables within RTPIMB Calculation
Time to read Tables
Item Presenter Welcome Anne Fitzgerald Known Issues and Release Program Michael Cleary Market Development Roadmap Michael Cleary Ex-Ante Market Liam McAllister, Michael Atcheson Brexit Update Michael Atcheson Balancing Market and OPI Update Rory Cafferky, John Ging Repricing Update Dermot Campfield, Barry Hussey (RA) Settlements Sean O’Rourke, John O’Dea Capacity Market Anne Fitzgerald Registration and Query Management Claire Breslin Q&A
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Agenda
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Disputes/Manifest Errors
ID Manifest Errors Impacted Trading Days
6105 Unit is not being flagged despite Reserve Constraint being binding
Rpc4 Wind Dispatch Instruction Datafeed Error
6104 Calculation of QAO/QAB during Min On Time of a unit
6076 PNs reverted to 'null' for one 5 Minute Period
6021 Incorrect application of LOCL/CRLO Instruction
TBC Incorrect Calculation of QBOA
Status Update
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Repricing
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SEMO review of options posed based on current work-plan.
Proposal Status
SEMO do not currently have a repricing solution capable of applying a 5% PMT. To implement this solution would mean repricing would not commence until at least Q4 2020.
available. Status update discussed on the previous slide.
E.3.8 on a temporary basis with the intention
from 1 October 2018 to 11 June 2019. SEMO would turn attention to implementing a solution that can apply a 5% PMT for future periods requiring repricing.
in order to require any repricing to be completed by the 13th month after the trading date at the latest. If a 0% PMT was applied, the plan for option 2 would apply, albeit a number of months would not be repriced as they would fall
If however the intention was to apply a 5% PMT, SEMO would not have a solution in place by M + 13 for any periods requiring repricing, and therefore would be unable to reprice 1st October 2018 to 11th June 2019.
Item Presenter Welcome Anne Fitzgerald Known Issues and Release Program Michael Cleary Market Development Roadmap Michael Cleary Ex-Ante Market Liam McAllister, Michael Atcheson Brexit Update Michael Atcheson Balancing Market and OPI Update Rory Cafferky, John Ging Repricing Update Dermot Campfield, Barry Hussey (RA) Settlements Sean O’Rourke, John O’Dea Capacity Market Anne Fitzgerald Registration and Query Management Claire Breslin Q&A
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Agenda
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Settlement Dates Run Category Run Type Runs to complete On Time Delayed – Same Day publication Delayed > 1 Day 1st – 30th Settlements Indicative 30 10 9 11 1st – 30th Settlements Initial 30 17 6 7 Dec 2nd 2018 – Dec 29th 2018 M+4 Resettlement Weekly 28 28
Credit Reports Daily 66 66
Payments In Weekly 4 4
Payments Out Weekly 4 4
21st Settlement Documents Weekly 4 1 2 1
Settlements : Sep 2019 data process updates
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Settlement Dates Run Category Run Type Runs to complete On Time Delayed – Same Day publication Delayed > 1 Day 1st – 17th Settlements Indicative 17 9 1 7 1st – 14th Settlements Initial 13 13 1
– Jan 26th 2019 M+4 Resettlement Weekly 28 28
Credit Reports Daily 45 44
Payments In Weekly 3 3
Payments Out Weekly 3 3
12th Settlement Documents Weekly 3 3
Key points for Sep/Oct 2019:
processing issues and additional processing re-runs required . Sequential nature of processing requirements also has an impact.
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Date (s) Issue Impact to schedule timelines Issue Status Friday 6th September
published in KIR Sep 13th )
fails for same start or end day of Billing Period for BALIMB and CRM
delayed publication within same day on Sep 6th due to internal workaround process to be implemented Fix applied as part of Release D. Workaround was in place for Sep 6th publications. Friday 20th September
"un-published“ due to issue with MDP data for NI TSO
MDP corrected the root cause
prevent future occurrences. Friday 27th September
Instruction) effective dates received within MDP data. Files had to be re- submitted and re- processed.
delayed .Publication moved by one business day to Sep 30th.
MDP data corrected and re- submitted to SEMO.
Issues impacting SD publication timelines
Settlement Processing : Other updates
Periods (Oct 11th impact)
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M4 Resettlement Cashflow
€84 Million is the Absolute Weekly M4 Cashflow up to Week 3 for BALIMB.
Total SEM Payment Amount €84,038,898 BALIMB Payments IN €15,999,644 BALIMB Payments OUT €67,981,535
CCA CTEST CREV CDIFFCN P CIMP CCURL CUNIMB CDIFFC WD CDIFFPI MB CAOOPO CABBPO CPREMI UM CDISCOU NT CIMB CFC Difference 5,208 86,465 144,696 118,363 510,547 458,899 420,499 605,980 1,100,99 3,702,72 2,445,94 4,647,49 4,508,55 11,427,3 53,855,1 10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 €
Adjusted Amount by Component
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M4 Resettlement Cashflow
Charge Component Ad Hoc M4 Diff CCC
781339.37 CCP 81,340,901.38 81,477,125.14 136223.76 CSOCDIFFP
17,967.42 Grand Total
935,530.55 Charge Component Initial M4 Diff CMOAU
137.99 CMOAV
1.39 CVMO
36,141.09 Grand Total
36,280.47
€2.5Billion Ex-Ante Cashflow vs €500M Initial Balancing to date (CRM €700M)
CAOOP O CABBPO CPREMI UM CDISCO UNT CDIFFPI MB CDIFFC WD CCA CTEST CCURL CDIFFC NP CREV CUNIMB CIMP CIMB Component Difference (€2,893, (€2,426, (€2,052, (€1,484, (€1,092, (€203,59 €5,207.7 €50,307. €101,972 €118,362 €144,696 €456,656 €510,546 €6,949,7 (€4,000,000.00) (€2,000,000.00) €0.00 €2,000,000.00 €4,000,000.00 €6,000,000.00 €8,000,000.00 Cashflow
Sum of DIFFERENCE exclude CFC
Item Presenter Welcome Anne Fitzgerald Known Issues and Release Program Michael Cleary Market Development Roadmap Michael Cleary Ex-Ante Market Liam McAllister, Michael Atcheson Brexit Update Michael Atcheson Balancing Market and OPI Update Rory Cafferky, John Ging Repricing Update Dermot Campfield, Barry Hussey (RA) Settlements Sean O’Rourke, John O’Dea Capacity Market Anne Fitzgerald Registration and Query Management Claire Breslin Q&A
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Agenda
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Capacity Market
Item Presenter Welcome Anne Fitzgerald Known Issues and Release Program Michael Cleary Market Development Roadmap Michael Cleary Ex-Ante Market Liam McAllister, Michael Atcheson Brexit Update Michael Atcheson Balancing Market and OPI Update Rory Cafferky, John Ging Repricing Update Dermot Campfield, Barry Hussey (RA) Settlements Sean O’Rourke, John O’Dea Capacity Market Anne Fitzgerald Registration and Query Management Claire Breslin Q&A
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Agenda
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General Query Overview – 1/10/18 – 30/09/19
An average of 53 Queries per week
65 2701
Open Closed
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General Queries Since 1st Oct 19 – 22nd Oct 19
28 90
Open Closed
Formal Settlement Queries: Completed: 292 In progress: 21 Rejected: 1 Withdrawn by the Participant: 1 In total: 315 Disputes: Completed: 97 In progress: 1 Rejected: 2 In total: 100
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Formal Queries and Disputes – Oct 18 – May 19
2019
– 28th November – Dublin – 18th December – Conference Call *Proposed*
– 16th January – Dublin – 27th February – Belfast
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Upcoming MOUG Dates
during the period 17:00 Wednesday to 18th December 2019 until 09:00 Monday 6th January 2020 . No units (generator, supplier and assetless) can be set effective during this time.
Wednesday 18th December, and the first available effective date after the freeze will be Wednesday 8th January.
have queries regarding their ongoing registrations: balancingmarketregistration@sem-o.com
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December Registration Freeze
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Close
Thank you for your attendance.