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Market Operator User Group Dublin, 28 November 2019 1 Agenda - PowerPoint PPT Presentation

Market Operator User Group Dublin, 28 November 2019 1 Agenda Item Presenter Welcome Mark Needham Known Issues and Release Program Mark Needham Market Development Roadmap Mark Needham Ex-Ante Market Liam McAllister, Michael Atcheson


  1. Market Operator User Group Dublin, 28 November 2019 1

  2. Agenda Item Presenter Welcome Mark Needham Known Issues and Release Program Mark Needham Market Development Roadmap Mark Needham Ex-Ante Market Liam McAllister, Michael Atcheson Balancing Market and OPI Update Rory Cafferky, Eamon Garrigan Repricing Update Michael Atcheson, Gina Kelly - CRU Settlements Sean O’Rourke, John O’Dea Front Office Claire Breslin Q&A 2

  3. Agenda Item Presenter Welcome Mark Needham Known Issues and Release Program Mark Needham Market Development Roadmap Mark Needham Ex-Ante Market Liam McAllister, Michael Atcheson Balancing Market and OPI Update Rory Cafferky, Eamon Garrigan Repricing Update Michael Atcheson, Gina Kelly - CRU Settlements Sean O’Rourke, John O’Dea Front Office Claire Breslin Q&A 3

  4. I-SEM Day 1+, High-Level Indicative Release Timeline • ABB release A deployed to production Tuesday 29 th January • ABB release B (MA 26 / CSB 1.2.2) deployed to production on 26 th of March 2019 • ABB release C (MMS 1.1.8.1 / CSB 1.2.4) deployed to production 11 th of June 2019 • ABB release D (MMS 1.1.9.1 / CSB 1.3.2) deployed to production 15 th of October 2019 • ABB release D ‘part 2’ is finalising test and is to go into Production next Tuesday Dec 3 rd . • ABB release E is in vendor build, target to production circa end of March 2020 Jan Mar June Oct March Dec Release Release Release Release Release Release Jan Feb Mar Apr May Jun July Aug Sept Oct Nov Dec Jan Feb Mar Day to Day SEMO / SEMOpx Operations Operational Runnings Issue Identification, Triage and Prioritisation Issue Identification, Triage and Prioritisation Rel. Rel. D Rel. B Rel. C Rel. D Rel. E Pt.2 A Production Operation Testing Resettle Mod P & P Resettle (Processes & Procedures) Today

  5. Known Issues Update – Summary (1 of 2) • Known Issues continue to be analysed and prioritised as and when they occur. • Once a defect has been raised, the issue will be assessed in the wider defect pool and assigned to a code drop in line with its severity and priority. • Drop dates to test have been agreed with our vendor, with release to production plans provided based on successful test closure. • The table below presents a breakdown of the upcoming releases, Known Issues coverage and expected benefit. Release Bundle Status Known Issues Coverage Expected Benefit • Release A Deployed to production on 14 Issues Resolution to a number of settlement issues the 29 th of January 2019 including Fixed Cost complex bid resolution, Interconnection charges, and Autoproducers difference payments and charges fix • Report 44 incorrect values for QCOB and QCNET • Report 102 publication issue • Internal operational improvements • Improved resettlement and repricing functionality • Release B Deployed to Production on 4 Issues Improvements to QBOA function including the 26 th of March 2019 resolution to units being skipped • Improved resettlement and repricing functionality • Hotfixes were deployed to address difference charges for Interconnectors and supplier units • Bill case optimisation • Hotfixes Ad Hoc deployments to 2 issues Multiple unit PN submissions with units under test • Release B M+4 optimisation hotfix • QBOA Optimisation Hotfix • 30 Minute imbalance price not being produced ( in test 5

  6. Known Issues Update – Summary (2 of 2) • Known Issues continue to be analysed and prioritised as and when they occur. • Once a defect has been raised, the issue will be assessed in the wider defect pool and assigned to a code drop in line with its severity and priority. • Drop dates to test have been agreed with our vendor, with release to production plans provided based on successful test closure. • The table below presents a breakdown of the upcoming releases, Known Issues coverage and expected benefit. Release Bundle Status Known Issues Coverage Expected Benefit • Release C Deployed to Production 26 Issues Fixes for Reports highlighted as priorities from 11 th of June 2019 participants • Incorrect MW QTY values in REPT_078/079 • CFC improvements • Improvements to the QBOA function • Consolidation of hotfixes • Release D Deployed to Production 14 Issues Improvement to CFC • 15 th of October Brexit functionality • Access to participant Balancing Market reports before registration start date • Report 048, 066 and 068 errors fixed • Release D part 2 In UAT 1 issue & further internal Improvements to System Separation • fixes Repricing Functionality • Units not being flagged on upward slope of reserve curve, despite reserve constraint binding • Release E In Vendor Build 12 issues Application of DMAT in Imbalance Pricing • FX rate for northern units • QBOA improvements • Incorrect application of LOCL/CRLO instructions • REPT_082 publishing data for de registered units 6

  7. Agenda Item Presenter Welcome Mark Needham Known Issues and Release Program Mark Needham Market Development Roadmap Mark Needham Ex-Ante Market Liam McAllister, Michael Atcheson Balancing Market and OPI Update Rory Cafferky, Eamon Garrigan Repricing Update Michael Atcheson, Gina Kelly - CRU Settlements Sean O’Rourke, John O’Dea Front Office Claire Breslin Q&A 7

  8. Overview • Outline of Roadmap • Strategy • Changes to the last Roadmap 8

  9. Outline of Roadmap • Key element of EirGrid Strategy • Market Participant Facing • Organised by Market 9

  10. Overview • Outline of Roadmap • Strategy • Changes to the last Roadmap 10

  11. Strategy “ Stabilize the market systems and to improve the service offering through a small number of discrete projects” 11

  12. Clarification about Interactions & Assumptions • Assume that projects can be delivered independently BUT • if projects move they may have an impact on others • Limits are placed on resources , environments etc. • Procurement rules, Regulatory controls may impact on the response to change 12

  13. Overview • Outline of Roadmap • Strategy • Changes to the last Roadmap 13

  14. Changes to Roadmap 14

  15. Changes (High level) You Wanted We Acted Give the latest status outlining where the A latest status has been added to each project. project is regard procurement etc. Include some high level assumptions, ris ks Assumptions and Risks have been added to each etc . project. Give a clearer statement regarding Brexit A separate section on Brexit has been added. Show when there are changes to the Any changes to the Roadmap have been marked with schedule for projects supporting text. Mention where de-scoped items from Any work being added to the Roadmap which was de- ISEM are included. scoped from ISEM is noted as such e.g Secondary Trading. Give an indication of the scale of each Section 6 has been added to address the scale of each project. project. Clarify what communications channels The Strategy section confirms that the Market will be used to provide an opportunity for Operator User Group (MOUG) will be the primary Market Participants to discuss the communication channel for the Roadmap in addition Roadmap to the consultation period. Consider more options for new market Section 5 A 4) includes additional products products considerations based on feedback. 15

  16. How can you input? Consultation runs to January 24 th Feedback should be sent via email to info@sem-o.com using the subject “Market Development Roadmap” before 24 th of January 2020 for consideration in advance of the next Roadmap which will be published at the end of May 2020 16

  17. Agenda Item Presenter Welcome Mark Needham Known Issues and Release Program Mark Needham Market Development Roadmap Mark Needham Ex-Ante Market Liam McAllister, Michael Atcheson Balancing Market and OPI Update Rory Cafferky, Eamon Garrigan Repricing Update Michael Atcheson, Gina Kelly - CRU Settlements Sean O’Rourke, John O’Dea Front Office Claire Breslin Q&A 17

  18. Ex-Ante Markets • Market Value % of DAM Volumes from Ex-ante October DAM € 143,413,084 *Using approx. prices IDA1 € 13,541,594 9.44% IDA2 € 5,245,769 3.66% IDA3 € 2,020,467 1.41% IDC € 1,328,288 0.93% 18

  19. Ex-Ante Flip Book – Auctions one Year on … Volumes 19

  20. Ex-Ante Flip Book – Auctions one Year on … Price 20

  21. Ex-Ante Flip Book – IDC one Year on … Volume 21

  22. Ex-Ante Flip Book – IDC one Year on … Price 22

  23. Ex-Ante Flip Book – IDC … Volume Outlier 23

  24. Ex-Ante Flip Book – IDC … Volume Outlier 24

  25. Ex-Ante Market Analysis • In Summary  SEMOpx markets are maturing  Look Back Analysis located on SEMOpx website here :  https://www.semopx.com/documents/general-publications/lookback_mkt.xlsx 25

  26. ETS Release Schedule Version Content Client type Impact Timeline Format of the market results file and the bid file will change. 26 th of November = Technical go- Introduction of unique trade and trader ID MO and V3.3.2 + Start & End Date on ETS Portfolios Impact on Market live & 27 th of November 1 st Trader client Participants. trading day. IDA2 TD 27/11/2019 Impact on SEMOpx Auction Remit files. Introduction of block bid submission graph in the trader GUI MO and V3.4 TBC Q1 2020. Trader client Trading Session Automation MO and V3.4.1 Complex Orders in ETS for IDAs TBC Q2 2020 Trader Client 26

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