Home

  •   
         

  • Invitation
    Core Flow-Based Day-Ahead Market Coupling
    Operational Readiness Webinar

    Amsterdam, Berlin, Bucharest, Budapest, Bratislava, Brussel, Ljubljana, Luxemburg, Paris, Prague, Vienna, Warsaw, Zagreb
    09 02 2022

    The project Parties involved in the Core Flow-Based Day-Ahead Market Coupling project (Core FB MC) would like to invite market participants to a webinar explaining the changes in the operational processes.

    The webinar will be held on 23 March 2022 from 09:30 till 12:00 CET. Should you want to participate, please register via the following link:
    https://www.magnus.nl/en/core-flow-based-day-ahead-market-coupling-operational- readiness-webinar/

    The draft agenda of the workshop:

    WEDNESDAY March 23rd 2022 09.00-12.00

     

     

    09:30

    INTRODUCTION

     

    09:45

     

    MAIN CHANGES STEMMING FROM CORE FB DA  MC

     

    1. New Core topology & change from intuitive to plain

     

    1. Introduction of financial transmission rights  (FTR)

    10:15

    Q&A SESSION

     

    10:30

     

    CHANGES IN THE DECOUPLING  PROCESSES

     

    1. Fallback option for decoupling of a single Core bidding  zone

     

    1. New SDAC decoupling  timing

    10:50

    Q&A SESSION

     

    11:00

     

    CORE ROLLBACK

    11:10

    Q&A SESSION

    11:20

    Closure


    The launch of the Day Ahead Flow Based project is targeted for 20 April 2022 (trading for delivery on 21 April). It will mark the transition to a single coupled auction for the day-ahead market across the Core region, based on the flow-based methodology. This allows for a regional optimization of the capacity allocation in the day ahead timeframe. Currently the project is in the Joint Integration Testing phase. The formal go-live decision with the will be taken several weeks in advance.

    *******

    Communication channels

    Market participants who would like to follow closer the project development are invited to join the Core Consultative Group (CCG) by sending an email to CoreCG@magnus.nl. The participants of the Core Consultative Group will receive regular information, and invitations to teleconferences and meetings.

    Next to the CCG a Question & Answer Forum for the Core FB MC project is currently in use. The Forum is available under the Core FB MC section on the JAO website, i.e. www.jao.eu. Project parties invite all market participants to use this Forum for their queries.

    About the Day-Ahead Flow-Based Market Coupling project in the Core CCR

    The Core Flow-Based Market Coupling (Core FB MC) project promotes the development and implementation of a flow-based day-ahead market coupling across the whole Core capacity calculation region (Core CCR) in the framework of the Single Day-Ahead Coupling (SDAC). The Core CCR consists of the bidding zone borders between the following EU Member States’ bidding zones: Austria, Belgium, Croatia, the Czech Republic, France, Germany, Hungary, Luxemburg, the Netherlands, Poland, Romania, Slovakia and Slovenia.

    *******

    About OPCOM

    OPCOM is the Romanian Electricity and Gas Market Operator. Since 2000, OPCOM has been committed to strengthen a marketplace where energy and environmental certificates are traded in conditions of transparency and integrity. Today, the trading portfolio offered by OPCOM ranges from electricity products to gas products, as well as green certificates. More than 900 companies are using the products available for trading on short-term electricity, gas and green certificates markets as well as on term markets for electricity, gas and green certificates bilateral contracts. In addition to this role, OPCOM is responsible for settlement of the transactions concluded on short-term energy markets, Balancing Market as well as the Imbalances of the Balancing Responsible Parties. OPCOM also manages the Green Certificates Register. Today, OPCOM is acting as Registered Reporting Mechanism under REMIT managing more than 480 reporting agreements on its electricity and gas markets. OPCOM was designated by the Romanian Energy Regulatory Authority as Nominated Electricity Market Operator (NEMO) in accordance with the Regulation (EU) 2015/1222 for fulfilling tasks related to the coupling of the day-ahead and intraday markets.

    OPCOM applies the Quality Management System complying with ISO 9001 - SR EN ISO 9001, respectively the Information Security Management System complying with ISO/IEC 27001 - SR EN ISO/IEC 27001, both systems being certified by Lloyd's Register LRQA.

    For more information about OPCOM, please visit us at www.opcom.ro

    Invitation 15.02.2022 



    Back
    Opcom Announcements
    10/07/2024
    16/07/2024
    09/07/2024
    08/07/2024
    01/07/2024
    27/06/2024
    17/06/2024
    14/06/2024