Review of XBID's First Year and Future Plans
Reflections on XBID's first year since go-live, highlighting achievements, performance improvements, and future plans for expansion. The post-go-live phase has seen successful releases, enhanced system performance, significant growth in trades, and effective governance structures. Looking ahead, the focus is on the 2nd wave go-live involving multiple countries, connectivity testing, and future roadmap developments aimed at further enhancing the platform's capabilities.
Uploaded on Sep 12, 2024 | 0 Views
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
XBID A review of our 1styear and future plans Stefano Alaimo, GME & Mark Pickles, National Grid Florence Forum 18.06.2019
The XBID Pyramid Do you know our numbers?! 1 YEAR SINCE GO-LIVE SECONDS TO GENERATE SHIPPING MODULE FILES [SLA 4 MINUTES 45 SECONDS] 6.5 99.8 11.800 25.403 85.600 Over 16 million % AVAILABILITY SINCE GO-LIVE TEST CASES/SCENARIOS RUN B4 GO-LIVE FORMALLY RECORDED ACTIONS TO ACHIEVE GO-LIVE MAXIMUM TRADES IN SINGLE DAY No. TRADES SINCE GO-LIVE 2
Reflections and Focus in the Past Year 2018/2019 A promising start Performance Development Post Go-Live Releases tested/deployed (including commencement of Bid-Ask spread data collection from Feb 2019) Release 2.0 currently in testing. Delivers Enhanced Shipper & Increased Order Book Depth (100). Deployment to Production scheduled for end October AT/DE BZ split implemented System performance is meeting/exceeding Service Level Agreements. Significant growth 85% comparing no. trades in 1st3 months after Go-Live with last 3 months Assessment of impact of implementing 15 min products for all Bidding Zones Total downtime of 21 hours in 1styear (of which 9h planned) 46 parties collaborating Governance Costs New structure implemented after Go-Live including Quality Assurance/Release Management & Market Design Steering Committee comprises all IDOA signatories Collaboration has commenced with SDAC. Co-chairs exchange established and co-ordination on Project Management/PMO level Lessons learnt documented and shared Go-Live Budget of 38 million achieved with overspend of 0.7% 2019 Budget Operate 3.2m, Establish/Amend 6.1m 2017 Cost Report submitted to NRAs & reporting improvements implemented for future Cost Reports 2018 Cost Report has been developed ready for submission to NRAs 3
Looking ahead 2ndWave Go-Live and Future roadmap Go-Live Scheduled prior to end of 2019 7 countries Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania & Slovenia (subject to successful testing) in two Local Implementation Projects, LIPs. Connectivity, integration, functional and simulation testing Monitoring through the Intraday Steering Committee, reporting through the NEMO Committee and ENTSO-E Transit Shipping has been a significant challenge 2ndWave Go- Live Scope for Release 3.0 developed including Losses on DC Cables and further implementation of reporting indicators. Pilot of Agile development approach is being discussed with service provider (to replace Waterfall). Goal is to reduce implementation time, commercial costs & improve co-ordination with multiple parties Introduction/creation of interface to enable Pan-European auctions based on ACER decision on IDCZCP. The current implementation timeline of Intra Day Auctions is based on the assumption that DA algorithm is used. Roadmap being drafted (130 items!) including strategic, functional and geographic extensions Currently in progress DK1-NL Cobra (07/09/19); DE-BE Alegro Q4 2020; DE-NO2 Nordlink Q1 2021 etc. Capacity Pricing (IDAs) assessment to commence Flow Based expected to be particularly complex Future Development Roadmap
Appendix: 2ndwave Local Implementation Projects and parties involved LIP Participants Foreseen allocation Implicit Implicit & Explicit for HR-SI border AT-CZ, AT-SI, AT-HU, BG- RO, CZ-DE, CZ-PL, DE-PL, HR-SI, HR-HU, HU-RO NEMOs: BSP, Cropex, EPEX, HUPX, IBEX, Nord Pool, OPCOM, OTE TSOs: 50Hertz, APG, CEPS, ELES, ESO, HOPS, MAVIR, PSE, Transelectrica, TTG NEMOs: Nord Pool, TGE TSOs: Litgrid, PSE, Svk 15 16 LT-PL, PL-SE Implicit 16 15 Operational Operational, part of 2nd wave 2nd wave 5
