1. Long term auction platform
This progress report outlines the preparation for transferring long-term auctions, planning for launching coordinated products, and upcoming meetings in the energy sector. It includes details on signatures, drafting auction rules, IT system testing, and more.
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Presentation Transcript
1. Long term auction platform IFE: Progress report. Signature of the MoU and preparation of transfer of long term auctions to CASC.EU IPE: Planning for launching a long term coordinated product 11th Implementation Group Meeting 1st March 2013
IFE: Preparation of transfer of long term auctions to CASC.EU Background of the project Jun-12: Request for comfort to CRE, CNE and Spanish Ministry Oct-12: CRE and CNE sent the letter of comfort to TSOs Mid-november: Spanish Ministry issued the letter of comfort Since then NRAs have not received further information Next steps for IFE? Signature of the MoU? Draft auction rules? Public consultation on Auctions Rules NRAs approval IT system tests? (to be conducted by TSOs & CASC) Go-live for the project? 11th IG Meeting 1st March 2013
IPE: Planning for launching a long term coordinated product Last meeting of the Technical committee of the MIBEL Regulators Council was held on February 5th,2013 Iberian TSOs: Reported that CASC.EU provided Iberian TSOs with the information regarding the expected costs of a extension of the mechanism to IPE It was also reported that CASC.EU is not yet entitle to give an estimation of cost for the possible implementation of FTR on the IPE (MIFID 2) Compromised to send a request for a comfort letter to CNE and ERSE at the end of February. Next steps for IPE NRAs: Evaluation of information provided by Iberian TSOs and issuance of the corresponding letter of comfort to the project. Meanwhile, knowing that CASC.EU stated not be able to provide a solution for IPE covering all the second half 2013, the MIBEL Regulatory Council is working in a solution for overpassing this difficulty 11th IG Meeting 1st March 2013
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