Elia Group Sa/nv · EURONEXT:ELI
Elia Group Sa/nv — Investor Presentation (September 2024)
134 slides from Elia Group Sa/nv's investor presentation, Sep 30, 2024
Slide 1: WG Energy Solutions of September 30th 2024
WG Energy Solutions of September 30th 2024 Hybrid meeting 30/09/2024
Slide 2: For a smooth teleconference with 30+ people
For a smooth teleconference with 30+ people … Some rules apply - Please put yourself on mute at any time that you are not speaking to avoid background noise. - If you receive a call, please ensure that you do not put this meeting on hold. - You can quit and reconnect later on. - You will be muted or
Slide 3: Agenda
Agenda 10:05 – 10:45: BRP/BSP Journey 10:45 – 11:15: Improvement of data provision 11:15 – 11:35: Forecasted imbalance price (RTP) parallel run on traXes 11:35 – 12:05: Incompressibility: Look back on Summer 2024 12:05 – 13:00: Lunch 13:00 – 13:40: EU & BE Balancing program update 13:40 – 13:55: aFR
Slide 4: Minutes of Meeting for approval
Minutes of Meeting for approval Minutes of Meeting of WG Balancing of 28/06/2024 Comments: / Minutes of Meeting of WG CCMD of 28/06/2024 Comments: / Suggestion to approve: • The MoM of WG Balancing of 28/06/2024 • The MoM of WG CCMD of 28/06/2024 4
Slide 5: BRP/BSP Journey
BRP/BSP Journey Quentin Lambert & Franka Blumrich
Slide 6: The Heritage…
The Heritage… Contractual Public update Bank guarantees consultation BRP-Services BRP digital onboarding WiP User management Transparency & insights DiMax Facilitation tools Invoices Direct membership with Contract Power exchange Access to Market-Services BRP renewal (A3) Third-party intermediaries
Slide 7: Along the way….
Along the way…. We found out: • Technical integration with power markets “value- to-effort” ratio not favorable for now • Still plenty of opportunities to digitalize access to Elia’s information • Internal appetite to further develop digitalized operational support (self-service) • Digital onboardin
Slide 8: Now is the time to … Focus, Team, Approach
Now is the time to … ▪ Inspect, adapt and pivot to address our customer’s need with more efficiencies ▪ Reorganize the way we address BRP/BSP needs altogether ▪ Make use of industry renowned standard approach to customer centricity: design thinking ▪ Involve our customers in an iterative collaborati
Slide 9: The Focus
The Focus ▪ Digitalizing access to information ▪ Digital self service operations BRP ▪ Reducing barriers to entry for new entrants ▪ Support market design with appropriate BSP ESP tooling BRP/BSP Journey 2024-25-… 9
Slide 10: The Team
The Team UX QA UI BRP BRP BSP ESP BSP (Dimax team) (EoEB team) Integration Front end Back end BRP/BSP Journey 2024-25-… 10
Slide 11: The Approach
The Approach BSP BRP DISCOVER DEFINE DEVELOP DELIVER & RESEARCH & SCOPE & TEST & MEASURE Design thinking is To make sure we To make sure we And Collaboration build the right thing build the thing right Iterate BRP/BSP Journey 2024-25-… 11
Slide 12: Candidate initiatives
Candidate initiatives BRP BSP Overviews on portfolio • financial Digitalizing access to Overviews on contracts • portfolio • guarantees • imbalance • allowed open operational information invoicing position (DA) • metering Support faster settlement • Ease & Support faster settlement • Contact • Digit
Slide 13: Concepts are ready to be tested!
Concepts are ready to be tested ! BRP ▪ Collaterals overview ▪ Portfolio overview ▪ Imbalance overview ▪ Metering overview BSP ▪ Contract overview ▪ Portfolio overview ▪ Metering overview BRP/BSP Journey 2024-25-… 13
Slide 14: We need you to help us serve you better
We need you to help us serve you better Q1 & Q2 2025 User testing Gather client feedback on advanced concepts & refine NOV/DEC 24 Individual deep dive sessions Investigate journeys and functional z requirements to ensure a seamless fit for clients OCT 24 Group workshops Enroll Set priorities, discus
Slide 15: Improvement of data provision
Improvement of data provision Valentina Annoscia & Michiel Verbeeck
Slide 16: CREG Incentive: Improve data offering by Elia
CREG Incentive: Improve data offering by Elia CREG Incentive: AMÉLIORATION DE LA MISE À DISPOSITION DE DONNÉES PAR ELIA Why Who How Improve the data offering of Elia towards All markets participants User research through the market actors by building a common (GU, ACH, BRP, PROD, questionnaire and i
Slide 17: CREG Incentive: Improve data offering by Elia – survey
CREG Incentive: Improve data offering by Elia Survey sent to 420 contact persons from 258 companies • Original mail was sent on 28 march • Reminder was sent on 10 May • Taken up in the KAM roadshow Business survey: Technical survey: • 46 responses from 39 unique companies with different market roles
Slide 18: Survey Results – Metering data and metering insights
Survey Results – Metering data and metering Insights Stakeholder Insights Stakeholder needs Status • Around 60% uses EPIC to access • Performance of the EPIC Application their metering data • Access to near real-time metering • Beta testing ongoing with grid users to Metering • Metering data is used
Slide 19: Survey Results – Structural & Contractual data
Survey Results – Structural & Contractual data Stakeholder Insights Stakeholder needs Status • 60% is interested in having a more • Digital journey for managing their detailed overview of their customer contracts • Designs are ready for the portfolio overview, Structural & location or portfolio in E
Slide 20: Survey Results – Grid & market data
Survey Results – Grid & market data Stakeholder Insights Stakeholder needs Status • Around 50% uses grid and market • Inconsistencies between the same data made available by Elia data set on the various channels • New data set: Forecasted imbalance price Grid & market • Various channels like open da
Slide 21: Survey Results – Sustainability data
Survey Results – Sustainability data Stakeholder Insights Stakeholder needs Status • More than 60% are interested in • Being aware of their CO2 sustainability linked data offered by consumption (67%) • API for carbon intensity is in progress Sustainability Elia • Set sustainability targets for the •
Slide 22: Survey Results – Developer portal
Survey Results – Developer portal Stakeholder Insights Stakeholder needs Status • 40% is interested in a developer • Easy integration with different Elia portal data sets (documentation, • First data set (forecasted imbalance price) Developer • Besides the quality and the standardization) is availab
Slide 23: Presentation title
~ Gia group Presentation title | 23
Slide 24: Next steps
Next steps Your input Finalisation of the Update roadmap ’25 roadmap of 2024 and beyond Deliver the items that were Realisation of the ‘25 identified as priority together roadmap was consulted to with you be part of the Balancing Incentive 2025 Don’t hesitate to contact your Key Account Manager to s
Slide 25: Trial publication of the imbalance price forecast on traXes
Trial publication of the imbalance price forecast on traXes Elodie Ciciriello & Antoine Mathieu
Slide 26: Towards an efficient decentralized grid balancing model
Towards an efficient decentralized grid balancing model Continuous improvement journey Today Trial publication of the imbalance 2019 price forecast First publication of 1min 2013 imbalance price Your feedbacks BRPs are 2013 will build the next allowed to help the system steps of our journey Trial pu
Slide 27: New trial publication: imbalance price forecast
New trial publication: imbalance price forecast What ? Publication of an imbalance price forecast with a confidence indicator: • 1 minute before the quarter-hour • Confidence indicator (high, medium, low) indicates how sure Elia is about the forecast When ? Go-live on September 18, until mid-Novembe
Slide 28: Status & first outcomes
Status & first outcomes The quality analysis is performed Major interest from the market Quality & availability on a limited period (11 days). More (18/09-28/09) data is needed to assess the overall quality of the forecast. 123 16% 58% During the analyzed period: error < 50€/MWh • In overall, the im
Slide 29: Want to leave feedback?
Want to leave feedback ? Trial publication of the imbalance price forecast on traXes - WG Energy Solutions 29 https://forms.office.com/e/wg1UWniUbi
Slide 30: Q&A
Q&A Additional questions and feedback can be sent to your Key Account Manager Energy and/or to rtp@elia.be. Trial publication of the imbalance price forecast on traXes - WG Energy Solutions 30
Slide 31: Incompressibility – Summer Feedback 2024
Incompressibility – Summer Feedback 2024 Arnaud Attanasi
Slide 32: Action plan: Incompressibility summer 2024
Action plan: Incompressibility summer 2024 short recap 32
Slide 33: Incompressibility Risk – What are the different types of RES flex?
Incompressibility Risk – What are the different types of RES flex? Solar PV (10297MWp) Wind onshore (3177MW) & offshore (2262MW) ✓ Large PV site: Flexible ✓ Offshore Wind: Flexible ✓ Residential PV: Not flexible & Not Exposed to price signal ✓ Onshore Wind: (Technically) Flexible but should be more
Slide 34: Incompressibility Risk – Executive Summary
Incompressibility Risk – Executive Summary The concern about incompressibility follows a combination of two separate challenges: A. Ability of the market to manage well ‘predicted’ situations of high renewable generation. It is related to the ability of market parties to maintain a balanced portfoli
Slide 35: Incompressibility Risk - Needs
Incompressibility Risk - Needs Challenge A High Renewables generation – Challenge B Forecasting Error – Export Need Balancing Flexibility Need P75 Real-Time Vs Day-Ahead Forecast Or unexpected outage like Nemo Link Ltd in export Summer Outlook On the 7/4 event 1 out of 4 week-end (P75), Belgium woul
Slide 36: Incompressibility Risk: Where is Technical Flexibility Process located?
Incompressibility Risk : Where is Technical Flexibility Process located? • Optimized outage planning • Additional export capacity via Dynamic Line rating Elia • Additional export capacity via PST range in case of extreme situations • Efficient price signal 0. Communication to Market Party • Via Exte
Slide 37: Looking back
Looking back (No final validated figures) 37
Slide 38: Solar, Wind, Total Load, DA Open Position…
Solar, Wind, Total Load, DA Open Position…
Slide 39: Solar production
Solar production From the 1st of April till the 21st of September – Power factor(*) distribution lower than previous years due to bad weather – Approximately same distribution in WE & holidays – Power factor 60%-70% – Expected 14% >< Realized 1,20% of days Solar production during summer was, relativ
Slide 40: Solar production – weekends & holidays
Solar production Weekends & holidays from the 1st of April till the 21st of September # Days with Stat. expected 2024 production… (2019-2023) > P0 (all) 55 55 > P25 42 37 > P50 28 19 > P75 19 4 > P85 8.3 1 > P90 5.5 0 ...with, especially during weekends, far less sunny (>P75) days than statistically
Slide 41: Wind production
Wind production From the 1st of April till the 21st of September Wind production in line with previous summers, also during weekends Historic percentiles are based on the summers of 2015 until 2023 41
Slide 42: Total Load
Total Load Total load still below values before energy crisis but… we identify an increase compared to summer 2023 which means up to 500 MW more. 42
Slide 43: Global DA BRP Open Position
Global DA BRP Open Position 2023 vs 2024 2024 vs 2024 when D-1 high Risk of Incompressibility is triggered The more negative, the more, BRPs have a short position. Large different behavior between 2023 and 2024 in terms of Global Day-Ahead BRP Open Position and this effect is even stronger when a D-
Slide 44: Nuclear Production
Nuclear Production FO Modulation FO 4.100,000 3.900,000 3.700,000 MW 3.500,000 3.300,000 Nuclear 3.100,000 Maintenance 2.900,000 2.700,000 2.500,000 June July August 44
Slide 45: Day-ahead market analysis
-€ elia Day-ahead market analysis
Slide 46: The # of hours with a Negative Day-Ahead Market prices in Belgium
The # of hours with a Negative Day-Ahead Market prices in Belgium The number of hours with DA negative price is significantly higher in 2024 compared to the previous years during the same summer period. 46
Slide 47: Evolution of the Day-Ahead Market prices
Evolution of the Day-Ahead Market prices For this analysis, the dataset contains only the days that falls above a P75 solar production factor based on the Summer periods from 2019 to 2023. Lower DA prices were obtained for 2024 compared to the period 2019-2023. During the solar production peak, nega
Slide 48: Evolution of the Day-Ahead Net Position
Evolution of the Day-Ahead Net Position For this analysis, the dataset contains only the days that falls above a P75 solar production factor based on the Summer periods from 2019 to 2023. During the solar production peak, Belgium was exporting more in Day-Ahead compared to the previous years, especi
Slide 49: System Imbalance & ACE
-€ elia System Imbalance & ACE
Slide 50: System Imbalance & Area Control Error
System Imbalance & Area Control Error Significant improvement/changes of the largest contributors in case of positive balance The 7th of April + In combination with the Elia awareness plan, the weather conditions, the larger DA open position, the Total Load Increase Note: More used of International
Slide 51: Take Aways
-€ elia Take Aways Summer 2024
Slide 52: Take-aways
Take-aways – Summer 2024 was a statistical advantageous scenario compared to period 2019-2023 with – Very few (very) sunny days, especially on weekend days & holidays – Wind production at par – Slight increase of the total load – More often & larger short open position – … giving market parties and
Slide 53: Agenda
Agenda 10:05 – 10:45: BRP/BSP Journey 10:45 – 11:15: Improvement of data provision 11:15 – 11:35: Forecasted imbalance price (RTP) parallel run on traXes 11:35 – 12:05: Incompressibility: Look back on Summer 2024 12:05 – 13:20: Lunch 13:20 – 14:00: EU & BE Balancing program update 14:00 – 14:15: aFR
Slide 54: EU & BE Balancing Program Update
EU & BE Balancing Program Update Cécile Pellegrin & Kris Poncelet
Slide 55: Agenda of today's presentation
Agenda of today’s presentation • PIM Roadmap – reminder • aFRR Design Evolutions & Connection to PICASSO • Status regulatory track (including feedback on ACER decisions and impact on balancing rules) • Status implementations at European level • Status local implementation • Derogation separated proc
Slide 56: PIM Roadmap
PIM Roadmap 96 +t BR .
Slide 57: Reminder WG BAL 28/06/24 Updated PIM Roadmap
Reminder WG BAL 28/06/24 Updated PIM Roadmap • The update of the PIM Roadmap has been made to keep the same track for PICASSO • Putting the priority to be connected as soon as possible to PICASSO • While not taking unacceptable risks with a so critical process • To avoid any impact on the planning o
Slide 58: Reminder WG BAL 28/06/24 Updated PIM Roadmap
Reminder WG BAL 28/06/24 This go-live has in the meantime been confirmed Updated PIM Roadmap to take place on 1st of October (see separate presentation) More precisely, based on the identified feasibility & risks and taking into account the importance of our connection to PICASSO, the roadmap has be
Slide 59: aFRR Design Evolutions & Connection to PICASSO
aFRR Design Evolutions & Connection to PICASSO
Slide 60: Status towards aFRR Design Evolutions & Connection to PICASSO go lives
Status towards aFRR Design Evolutions & Connection to PICASSO go lives The following status will be presented and explained in today’s presentation : European Local implementation European regulatory Local regulatory implementation & interfaces Developments on On track On track track but… (*) Develo
Slide 61: Status regulatory track
Status regulatory track European: ACER approval decisions on the aFRR Implementation framework (ACER Decision No 08-2024) and pricing methodology (ACER Decision No 09-2024) were taken on 5th of July 2024. Note: Limited amendments were performed to the Balancing Rules (relative to the public consulta
Slide 62: Status implementations at European level
Status implementations at European level Reminder: The proposals for amendments to the aFRR IF and the pricing methodology contained two changes directly impacting the activation optimization function (AOF) of the aFRR Platform: 1. Improving CBMP determination by considering local LFC output – The i
Slide 63: Harmonised price limits for mFRR and aFRR
Harmonised price limits for mFRR and aFRR Recall: The All TSO’s proposal was to: – Introduce temporary harmonised maximum and minimum balancing energy prices of ±10,000 €/MWh until July 2026; – Apply higher permanent harmonised maximum and minimum balancing energy prices of ±15,000 €/MWh afterwards
Slide 64: Status local implementation
Status local implementation • As indicated in June, the developments of the high-price mitigation measures (elastic demand) and aFRR design evolutions significantly impact in particular the local aFRR controller, both for : • Local implementation of elastic demand • aFRR design evolutions (aFRR acti
Slide 65: Observed imperfections exchange of real-time signals
Observed imperfections exchange of real-time signals • During the testing with the platform, Elia has observed some imperfections in the exchange of real-time signals between the scada system of Elia and the aFRR-Platform. Specifically, a delay of on average 2 optimization cycles is observed on the
Slide 66: Observed imperfections exchange of real-time signals
Observed imperfections exchange of real-time signals • To avoid such impacts/inconsistencies in the settlement processes in the future, Elia has identified a solution to use the 4”-data made available ex-post by the aFRR Platform as the basis for all settlement purposes instead of the data received
Slide 67: Conclusion & Next steps
Conclusion & Next steps • The go-lives of the aFRR Design Evolutions and PICASSO Connection currently remain targeted in November and remain subject to the confirmation of the qualitative & stable implementation, and more particularly of the different testing results foreseen in the coming weeks. •
Slide 68: T&C Implementation plan (reminder)
T&C Implementation plan (reminder) • The amendments of the T&C BSP aFRR consist of different packages that may enter into force at different moments: • The amendments of the T&C BSP aFRR that are directly related to the connection to the European platform for the exchange of balancing energy from fr
Slide 69: Others
-€ elia Others
Slide 70: Public consultation on derogation to procure upward and downward aFRR capacity separately
Public consultation on the proposal to request a derogation to procure upward and downward aFRR capacity separately Context • Elia currently procures both upward and downward balancing capacity for aFRR on a daily basis in a single capacity auction. • Article 32(3) of EBGL and Article 6(9) of Regula
Slide 71: Public consultation on derogation to procure upward and downward aFRR capacity separately
Public consultation on the proposal to request a derogation to procure upward and downward aFRR capacity separately • The motivation for a joint procurement of upward and downward aFRR capacity is that it will lead to higher economic efficiency in aFRR procurement as long as assets that face must-ru
Slide 72: Coming stakeholder management interactions
Coming stakeholder management interactions - Next interactions - Ongoing consultation - 05/09-05/10 : Public consultation on the proposal of exemption from the obligation to procure upward and downward balancing capacity for aFRR separately - Signature of the updated T&C aFRR - Announcements & commu
Slide 73: Contact persons
Contact persons KAM Energy Nicolas Koelman / Sybille Mettens / François Jadoul 73
Slide 74: aFRR dimensioning: launch parallel run
aFRR dimensioning: launch parallel run Kris Poncelet
Slide 75: Context
Context On July 19, 2023, CREG approved Elia’s proposal on dynamic aFRR dimensioning (Decision B2538) for implementation on October 1, 2024 • The implementation date was confirmed on February 22, 2024 (Decision B2748) with the approval of the fallback procedures in case of technical problems with th
Slide 76: Results of the parallel run (from July 1 – September 30 2024)
Results of the parallel run (from July 1 – September 30 2024) Before FRCE correction After FRCE correction max 184 200 Correction factor 64% avg 172 180 max 118 128 154 min 167 avg 111 116 up down 101 min 107 • Results of the parallel run do not show any unexpected behaviour • The observed correctio
Slide 77: Planning 'Go live'
Planning ‘Go live’ Last aFRR Capacity 1st aFRR Capacity Auction organized in Auction organized D-2 (for delivery day in D-1 based on 1 Oct) dynamic dimensioned ! No aFRR volumes Capacity Auction organized Confirmation of go- live dates 28 June 1 July Go Live! 11 Sept 29 Sept 30 Sept 1 Oct 2 Oct Para
Slide 78: REMIT II
-€ elia REMIT Il Laura Jacobs
Slide 79: EU Regulation 2024/1106 amending REMIT in force since May 7
EU Regulation 2024/1106 amending REMIT in force since May 7 April 17, 2024 Q2 2025 May 7, 2024 End 2024 Publication of Regulation Revision of REMIT 2024/1106 in the Official Entry into force of the Update of the ACER Implementing Act and Journal of the EU new regulation Guidance on REMIT in new Dele
Slide 80: New obligation for Elia regarding market surveillance
New obligation for Elia regarding market surveillance Any person professionally arranging transactions (PPAT) in wholesale energy products who reasonably suspects that an order to trade or a transaction, including any cancellation or modification thereof, whether placed on or outside an OMP, could b
Slide 81: Smart Testing - Implementation
Smart Testing - Implementation Carsten Bakker
Slide 82: Content
Content 1. Context 2. Changes needed to the T&C 3. Changes to the smart testing algorithm 1. Regulatory 2. Bid scoring 1. Activation control 2. Margin analysis & availability control 3. Test regimes 1. Valid activated volume 2. Test execution 4. Next steps Presentation title 82
Slide 83: Context
-€ elia Context
Slide 84: 1. Smart testing
1. Smart testing In 2020, Elia proposed a methodology to more specifically determine, by using the What is smart available data, when availability tests should be performed and which offers in this testing? context should be triggered. This methodology allows, provided that the BSP passes these test
Slide 85: Context – Smart testing methodology
Context – Smart testing methodology Smart testing uses two scoring systems to select the bids for an availability test: • A scoring system to select the CCTU for an availability test • A scoring system to select a bid within that CCTU for an availability test The scoring is based on activation contr
Slide 86: CCTU scoring system determines which CCTU to select for an availability test
CCTU scoring system determines which CCTU to select for an availability test The Score per CCTU is based on 3 features: • Activation control: past activations structured data is required (date & • Availability test: past test time, failure/success, involved bid, DPs and their contribution, off-take
Slide 87: Bid scoring system determines which bid to select for an availability test
Bid scoring system determines which bid to select for an availability test Features Weight Bid 1 Bid 2 Bid 3 • The Score per Bid is based on same 3 features but Volume 60 MW 30 MW 10 MW are adapted to the Bid Scoring System. Activation Control 33% 39 12 34 • The result of control and test is disaggr
Slide 88: Test regimes
Test regimes • Additionally, to the scoring system, two test regimes are introduced to limit the impact (in volume) of availability tests. 1. The first test regime aims to ensure that a significant part of the contracted capacities from a BSP is compliant. 2. The second test regime aims to keep in c
Slide 89: Changes to the T&C
-€ elia Changes to the T&C
Slide 90: Number of tests to be executed
Number of tests to be executed ANNEX 11.C • ELIA triggers availability tests while respecting a limitation on the value of availability tests, which applies on a rolling window of 12 months, always starting at Month M (current Month). The value of an availability test is determined by the test regim
Slide 91: Number of tests to be executed
Number of tests to be executed • The Testing Threshold for a BSP is defined as follows: 𝑇𝑒𝑠𝑡𝑖𝑛𝑔 𝑇ℎ𝑟𝑒𝑠ℎ𝑜𝑙𝑑 = 𝐹𝑓𝑟𝑒𝑠ℎ𝑛𝑒𝑠𝑠 𝑀 ∗ 𝑎𝑣𝑒𝑟𝑎𝑔𝑒𝑀 max 𝑂𝑏𝑙𝑖𝑔𝑎𝑡𝑖𝑜𝑛 𝐶𝐶𝑇𝑈, 𝐷 𝐷 𝑀 With: 4 , 𝑖𝑓 𝑋 = 2, 3 or 4 30 3 , 𝑖𝑓 𝑋 = 5, 6 or 7 30 2 𝐹𝑓𝑟𝑒𝑠ℎ𝑛𝑒𝑠𝑠 𝑀 =…
Slide 92: Changes to the smart testing algorithm
Changes to the smart testing algorithm
Slide 93: Identified impact on smart testing methodology – regulatory changes
Identified impact on smart testing methodology – regulatory changes
Slide 94: Impact on the smart testing methodology
Impact on the smart testing methodology • When the smart testing methodology was conceived, only DPs present in a bid were allowed to also fulfill the obligations for a certain bid. So, the purpose of the activation control [old – before local go-live MARI] was to ensure that the volume offered in a
Slide 95: Changes following the operational testing of the smart testing algorithm
Changes following the operational testing of the smart testing algorithm
Slide 96: Introduction
Introduction After performing some initial test runs using the algorithm on real data, the results showed that some modifications, beyond those required for changes in the regulatory framework, are required. The specific details of these changes will be shown in the next slides. In global, these cha
Slide 97: Bid scoring – Activation control
Bid scoring – Activation control
Slide 98: Bid scoring system determines which bid to select for an availability test
Bid scoring system determines which bid to select for an availability test Features Weight Bid 1 Bid 2 Bid 3 • The Score per Bid is based on same 3 features but Volume 60 MW 30 MW 10 MW are adapted to the Bid Scoring System Focus Activation Control 33% 39 12 34 • The results of control and test are
Slide 99: Activation control
—_ Activation control
Slide 100: Bid scoring – activation control
Bid scoring – activation control The Bid Scoring System looks at the inclusion of a Delivery Point in a bid and, whether the Delivery Point already demonstrated its contribution in satisfying obligations. 1 2 𝑆𝑐𝑜𝑟𝑒𝐴𝑐𝑡𝑖𝑣𝑎𝑡𝑖𝑜𝑛 𝑏𝑖𝑑 = 𝐹𝑓𝑟𝑒𝑠ℎ𝑛𝑒𝑠𝑠 𝑀 ∗ 𝐴𝑑𝑗𝑢𝑠𝑡 𝑏𝑖𝑑 ∗ …
Slide 101: Activation control - Fratio
yew Activation control - Fratio
Slide 102: Bid scoring – activation control
Bid scoring – activation control The Activation Ratio (Fratio) aims to get a better grasp of the quality of the information in the initial score. For example, the information about a Delivery Point which is always activated but fails from time to time is more reliable than the information about a De
Slide 103: Design change for Fratio: Example
Design change for Fratio: Example Activation control How often is the DP activated compared to the How often is the DP activated compared to moments that it could have been activated the amount of QHs in the month # 𝑜𝑓 𝑄𝐻 𝑜𝑓 𝑎𝑐𝑡𝑖𝑣𝑎𝑡𝑖𝑜𝑛 (𝑑𝑝) # 𝑜𝑓 𝑄𝐻 𝑜𝑓 𝑎𝑐𝑡𝑖𝑣𝑎𝑡𝑖𝑜𝑛…
Slide 104: Design change: Normalization of Fratio factor
Design change: Normalization of Fratio factor As shown in the previous example, the Fratio is too small, which results in an activation control score that is too small. However, assessing the quality of the information (goal of Fratio) is still important. Therefore, Elia will do a normalization usin
Slide 105: Design change for Fratio (normalization using Q3): Example
Design change for Fratio (normalization using Q3): Example Activation control How often is the DP activated compared to the How often is the DP activated compared to moments that it could have been activated the amount of QHs in the month # 𝑜𝑓 𝑄𝐻 𝑜𝑓 𝑎𝑐𝑡𝑖𝑣𝑎𝑡𝑖𝑜𝑛 (𝑑𝑝) # 𝑜𝑓 𝑄𝐻…
Slide 106: Activation control – Adjust Bid factor
Activation control – Adjust Bid factor
Slide 107: Bid scoring – activation control
Bid scoring – activation control The Bid Scoring System looks at the inclusion of a Delivery Point in a bid and, whether the Delivery Point already demonstrated its contribution in satisfying obligations. 1 2 𝑆𝑐𝑜𝑟𝑒𝐴𝑐𝑡𝑖𝑣𝑎𝑡𝑖𝑜𝑛 𝑏𝑖𝑑 = 𝐹𝑓𝑟𝑒𝑠ℎ𝑛𝑒𝑠𝑠 𝑀 ∗ 𝐴𝑑𝑗𝑢𝑠𝑡 𝑏𝑖𝑑 ∗ …
Slide 108: Design change: Remove the Bid adjustment factor
Design change: Remove the Bid adjustment factor The Bid Adjustment factor is used to weight the offered volume of the bid in the total obligation of the BSP. 𝑂𝑓𝑓𝑒𝑟𝑒𝑑 𝑉𝑜𝑙𝑢𝑚𝑒 𝑏𝑖𝑑 𝐴𝑑𝑗𝑢𝑠𝑡 𝑏𝑖𝑑 = , 𝑓𝑜𝑟 𝑎𝑙𝑙 𝑠𝑢𝑏𝑚𝑖𝑡𝑡𝑒𝑑 𝑏𝑖𝑑𝑠 𝑓𝑜𝑟 𝑡ℎ𝑒 𝐶𝐶𝑇𝑈…
Slide 109: Bid scoring – activation control – final formula
Bid scoring – activation control – final formula 𝑆𝑐𝑜𝑟𝑒𝐴𝑐𝑡𝑖𝑣𝑎𝑡𝑖𝑜𝑛 𝑏𝑖𝑑 = 𝐹𝑓𝑟𝑒𝑠ℎ𝑛𝑒𝑠𝑠 𝑀 ∗ 𝑆𝑐𝑜𝑟𝑒𝑟𝑒𝑓𝐴𝑐𝑡𝑖𝑣𝑎𝑡𝑖𝑜𝑛 𝑑𝑝, 𝑀 ∗ 𝑁𝑜𝑟𝑚(𝑄3, 𝐹𝑟𝑎𝑡𝑖𝑜 𝑑𝑝, 𝑀 ) ∗ 𝐴𝑑𝑗𝑢𝑠𝑡 𝑑𝑝 ∗ 𝐴𝑑𝑗𝑢𝑠𝑡(𝑏𝑖𝑑) 𝑀 𝑑𝑝∈𝑏𝑖𝑑 #𝑜𝑓 𝑄𝐻 𝑜𝑓 𝑠𝑢𝑐𝑐𝑒𝑠𝑠𝑓𝑢𝑙…
Slide 110: Margin analysis / availability testing – Adjust Bid factor
Margin analysis / availability testing – Adjust Bid factor
Slide 111: Design change: Remove the Bid adjustment factor
Design change: Remove the Bid adjustment factor Availability testing and margin control The Bid Adjustment factor is used to weight the offered volume of the bid in the total obligation of the BSP. 𝑂𝑓𝑓𝑒𝑟𝑒𝑑 𝑉𝑜𝑙𝑢𝑚𝑒 𝑏𝑖𝑑 𝐴𝑑𝑗𝑢𝑠𝑡 𝑏𝑖𝑑 = , 𝑓𝑜𝑟 𝑎𝑙𝑙 𝑠𝑢𝑏𝑚𝑖𝑡𝑡𝑒𝑑 𝑏𝑖𝑑𝑠…
Slide 112: Bid scoring – Availability test and Margin Analysis
Bid scoring – Availability test and Margin Analysis Removal of the bid adjustment factor on both the Availability Test score and Margin Analysis : 𝑆𝑐𝑜𝑟𝑒𝑟𝑒𝑓𝐴𝑣𝑎𝑖𝑙𝑎𝑏𝑖𝑙𝑖𝑡𝑦 𝑏𝑖𝑑 = 𝐹𝑓𝑟𝑒𝑠ℎ𝑛𝑒𝑠𝑠 𝑀 ∗ 𝐴𝑑𝑗𝑢𝑠𝑡 𝑏𝑖𝑑 ∗ 𝑆𝑐𝑜𝑟𝑒𝑟𝑒𝑓𝐴𝑣𝑎𝑖𝑙𝑎𝑏𝑖𝑙𝑖𝑡𝑦 𝑑𝑝, 𝑀 ∗…
Slide 113: Test Regimes
—_ Test Regimes
Slide 114: Test regimes
Test regimes • Additionally to the scoring system, two test regimes are introduced to limit the impact (in volume) of availability tests. 1. The first test regime aims to ensure that a significant part of the contracted capacities from a BSP is compliant. 2. The second test regime aims to keep in ch
Slide 115: Threshold & valid activated volume
Threshold & valid activated volume The threshold is the average of the obligations from the last 12 months, adjusted by the freshness of the data: 𝑇ℎ𝑟𝑒𝑠ℎ𝑜𝑙𝑑 = 𝐹𝑓𝑟𝑒𝑠ℎ𝑛𝑒𝑠𝑠 𝑀 ∗ 𝑎𝑣𝑒𝑟𝑎𝑔𝑒𝑀 max 𝑂𝑏𝑙𝑖𝑔𝑎𝑡𝑖𝑜𝑛 𝐶𝐶𝑇𝑈, 𝐷 𝐷 𝑀 The Valid Activated Volume is the activated…
Slide 116: Valid activated volume
-€ elia Valid activated volume
Slide 117: Valid activated volume – design change
Valid activated volume – design change Design change: Description in the incentive: The maximum valid activated volume since the last failed control is taken into account. Updated description: The valid activated volume that is considered, is the maximum valid activated volume since the last failed
Slide 118: Number of availability tests
Number of availability tests
Slide 119: Test regimes – number of tests during rolling 12 months
Test regimes – number of tests during rolling 12 months Scoring as defined in incentive Alternative scoring The scoring as defined in the incentive is as follows: For the alternative scoring, we would give a value for an executed test in test regime 1 and a different We look at the rolling 12 months
Slide 120: Test regimes – number of tests during rolling 12 months
Test regimes – number of tests during rolling 12 months Month Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26Aug-26 Sep-26 Oct-26 Nov-26 Dec-26 12 per yearTest execution normal (1) x x x x x x x x x x x x x x x x x x
Slide 121: Status of the incentive
Status of the incentive Title of presentation 121
Slide 122: Status of the incentive
Status of the incentive 1. IT Implementation: – The IT implementation is progressing well and is expected to be finalized before the end of November 2. Design: – In the coming weeks, Elia will make a document available describing the concept of availability testing in the market. Elia would invite t
Slide 123: Public consultation on T&C BSP FCR amendments
Public consultation on T&C BSP FCR amendments Raf Gheuens
Slide 124: Public Consultation on the T&C BSP FCR planned on 18/10/2024
Public Consultation on the T&C BSP FCR planned on 18/10/2024 This consultation includes the following topics of the FCR Design Evolutions: • Additional Properties • Prequalification of non-compliant units • The rated to prequalified power ratio for LER DPs • Reserve Mode for LER DPs • Frequency meas
Slide 125: Three topics were moved towards the next T&C amendments
Three topics were moved towards the next T&C amendments The following topics have been moved towards the next T&C amendments, as they would impact Activation Control • Declarative baseline methodology • Combo delivery of products & EMS (if applicable) • Migration of real-time communication from TASE
Slide 126: FCR Design Evolutions Planning
FCR Design Evolutions Planning • The shift from phase 1 to phase 2 does not impact the targeted go-live dates. • The go-live of the second phase also include the go-live of the migration from BMAP to BIPLE. Workshop Continuous monitoring & control Targeted approval T&C BSP FCR 1 Submission T&C BSP F
Slide 127: Coming Stakeholder interactions
Coming Stakeholder interactions Consultations: • Consultation of T&C BSP FCR phase 1 [18/10/2024 – 18/11/2024] • Consultation of T&C BSP FCR phase 2 [End of March 2025 – end of April 2025] • Exact date to be confirmed Workshop on Continuous activation control & other FCR Design Evolutions topics [Mi
Slide 128: AOB – Public consultations
-€ elia AOB — Public consultations
Slide 129: Public Consultation on proposal for TminLER = 30 minutes
Public Consultation on proposal for TminLER = 30 minutes TminLER = As of triggering the alert state and during the alert state, minimum time for which each FCR provider shall ensure that its FCR providing units with limited energy reservoirs are able to fully activate FCR continuously Following a Co
Slide 130: ACER Public consultation on NCDR
ACER Public consultation on NCDR • On 8 May 2024, ACER received the electricity system operators’ proposal for an EU-wide network code on demand response. The proposal was drafted by the EU Distribution System Operators Entity (EU DSO Entity) and the European Network of Transmission System Operators
Slide 131: AOB – Next WG Balancing
AOB – Next WG Balancing Thomas Van der Vorst
Slide 132: WG Balancing & WG CCMD - Archives
WG Balancing & WG CCMD - Archives • Documents from past WG Balancing & WG CCMD have been archived. • Accessible on https://www.elia.be/en/users-group, follow « Archive »: 132
Slide 133: Next WG Energy Solutions
Next WG Energy Solutions • Dates for 2024: • WG Balancing 07/02/2024 09:00 – 13:00 • WG Balancing 02/04/2024 09:00 – 13:00 • WG Balancing 21/05/2024 09:00 – 13:00 • WG Balancing 28/06/2024 13:30 – 17:30 • WG Energy Solutions 30/09/2024 09:00 – 17:00 • WG Energy Solutions 26/11/2024 09:00 – 17:00 • W
Slide 134: 2025 WG Energy Solutions
2025 WG Energy Solutions • Dates for 2025: • Thursday 06/02/2025 09:00 – 17:00 • Friday 04/04/2025 09:00 – 17:00 • Thursday 19/06/2025 09:00 – 17:00 • Thursday 25/09/2025 09:00 – 17:00 • Thursday 13/11/2025 09:00 – 17:00 • Thursday 18/12/2025 09:00 – 17:00 • Feedback welcome by e-mail to usersgroup@