OPCOM

The Core Flow-Based Market Coupling project announces that member testing will start on 04/04 2022
Amsterdam, Berlin, Bucharest, Budapest, Bratislava, Brussel, Ljubljana, Luxemburg, Paris, Prague, Vienna, Warsaw, Zagreb

23 03 2022

The project parties involved in the day-ahead Core Flow-Based Market Coupling project (Core FB MC) hereby announce that member testing will start on 04/04/2022.

Members test schedule

The member testing period is organized to give market participant an end to end overview of the Core FB MC project daily operations including timings and processes. Please note that clearing, settlement and nominations to your respective local TSO will not be tested.
The member tests will be organized on business days only and will start on 04/04/2022 and will end on 08/04/2022.

Period of execution:

• Monday, 04/04/2022 - Normal operations

• Tuesday, 05/04/2022 - Partial Decoupling for reasons not related to the CZCs

• Wednesday, 06/04/2022 - Full Decoupling

• Thursday, 07/04/2022 - Missing Polish Allocation Constraints

Member Testing timings

Registration process - NEMOs

Market Parties can register for the member testing at relevant NEMOs.

Registration process - JAO

Market Parties interested in participating in the shadow auctions testing should also register with JAO until the 29th of March 2022.

In preparation for this part of the member testing the followings should be sent via email to MC.test@jao.eu:
• Company name:
• Trader name:
• Registered in eCat: Yes/ No
• If yes, username:
• Email address

The launch of the Core Flow-Based Market Coupling 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 capacity calculation 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 will be taken in advance of the planned go- live date.

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.

Market integration is core to the energy transition

The energy transition towards a carbon free electricity supply is a European challenge that requires the use of the European electricity system to the full extend. Weather- dependent supply and increasing demand response will lead to a different and more intense use of the grid. The Core market integration project is aiming to create operational preconditions to optimise the use of the system from a regional perspective and make the single European market a reality.

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About OPCOM

OPCOM is the Romanian Electricity and Gas Market Operator. Since 2000, OPCOM has been committed to strengthen a market place 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.

23.3.2022