Market Trial Working Group I-SEM Project

Transcription

1 Market Trial Working Group I-SEM Project Dublin, 31 August

2 Overview of the Session Meeting Details Meeting Purpose Chair Secretariat I-SEM Market Trial Working Group Mark Needham Louise Dalton Amy Yeung Date 31 August 2017 Time Item 10:30 Welcome and Introductions 10:35 Connectivity (CCQT and PIT) Overview 11:10 Market Trial Agreement and Registration 11:40 Scope and Scenario outline for Market Trial 12:30 Lunch 13:15 Discussion and Feedback 14:15 End of Meeting 2

3 Meet the Team Working Group Team 3

4 Our Goal The Goal of the Market Trial Working Group ( The Team ) is to assist the TSOs in their efforts to ensure that all reasonable preparations are in place to make the Market Trial a success. The level of preparedness will be reflected in the project readiness decision-making ahead of the Market Trial Go/No-Go decision in November. 4

5 Objectives Team Objectives The main objectives of The Team are to provide feedback in a workshop setting on: Allow the industry to provide input as required into planning activities Provide a platform for discussion of Market Trial scenarios and to provide informed input to the Participant Guidebook Provide an opportunity for industry to discuss the data management approach for Market Trial Allow the industry to discuss the development of the Transition and Cutover Strategy Provide a regular forum for updates on the status and progress of preparations for Market Trial 5

6 Timelines - Activities

7 Overview of the Session Meeting Details Meeting Purpose Chair Secretariat I-SEM Market Trial Working Group Mark Needham Louise Dalton Amy Yeung Date 31 August 2017 Time Item 10:30 Welcome and Introductions 10:35 Connectivity (CCQT and PIT) Overview 11:10 Market Trial Agreement and Registration 11:40 Scope and Scenario outline for Market Trial 12:30 Lunch 13:15 Discussion and Feedback 14:15 End of Meeting 7

8 CCQT and PIT Overview Establish initial connection to Market Systems and SEMOpx platform Complete mandatory CCQT scripts 1. CCQT 2. PIT Scripted Execute mandatory PIT scripts to validate Market Participant s ability to interact with Market systems and SEMOpx platform Additional User training / system testing completed by Market Participants (Optional) 3. Unstructured Phase 8

9 CCQT: Scope CCQT is the process by which the Market Operator verifies that a Market Participant can establish a connection with the market systems and SEMOpx platform. To prove successful connection, the Market Participant will run scripts and confirm that they can access and interact with the market systems as outlined below. For the BM: Retrieval of Daily Trading Day Exchange Rate report (REPT_010) from the MPI Submission of Simple Demand or Generator Offer Data (as applicable) via the MPI for Type 2 communication, followed by a query of the same Offer Data submitted, via Type 3 communication. For the CM: Viewing and downloading the Market Participant Qualification Report from the Capacity Management Platform (CMP), via the CMP application for Type 2 communication For the SEMOpx platform: Day-Ahead and Intraday Auction Platform: EPEX Trading System (ETS) Market Participant exports auction bids from the EPEX Trading System (ETS) client Intraday Continuous Trading Platform: M7 System Market Participant exports orders from the M7 client 9

10 PIT: Scope PIT verifies that a Market Participant can exchange data with the Balancing Market, Capacity Market, and SEMOpx platform. To facilitate this, PIT is organised into two phases. Scripted Phase The mandatory, initial phase focused on verifying a Market Participant s ability to submit and query data from the market systems. Once all of the mandatory scripts have been successfully completed, the Market Participant is free to proceed with the unstructured PIT test phase. Unstructured Phase The optional phase during which Market Participants can exchange data with the market systems at will and for their own purposes (e.g. system testing or user training). This phase will run from the time starting at Market Participant s successful completion of the PIT scripted phase to the start of Market Trial. 10

11 CCQT & PIT User Access Party (PY) Participant (PT) Unit Each Market Participant may register multiple users for Balancing Market and Capacity Market system access CCQT & PIT is only required for each Market Participant (PT) once. The nominated Registered User (with access to each participant (PT) for each party will receive a certificate to begin CCQT & PIT. 11

12 I-SEM Entity Model & PIT Scripts The required PIT scripts to be executed is dependent upon the portfolio of units registered for each Market Participant (PT) An will be issued to each Party (PY) detailing the required PIT scripts for execution. A Party (PY) will successfully complete PIT following successful completion of all Mandatory PIT scripts by each Participant (PT) within the Party portfolio Party ID Participant ID Participant Name Resource Type CCQT Type PIT Script 1 PIT Script 2 PIT Script X PY_ PT_4xxxx Joe Bloggs Windfarm GU Type 2 & Type 3 Yes Yes etc. PY_ PT_4xxxx Joe Bloggs Windfarm SU Type 2 & Type 3 Yes N/A etc. PY_ PT_5xxxx Joe Bloggs Windfarm GU Type 2 & Type 3 Yes Yes etc. PY_ PT_5xxxx Joe Bloggs Windfarm SU Type 2 & Type 3 Yes N/A etc. 12

13 Next steps: CCQT Preparation to Execution Step: Action: Communication: 1 Participants receive confirmation that they have successfully registered for each of the respective markets as applicable to them I-SEM Registration 2 An is issued to each party detailing the required PIT scripts for execution I-SEM Testing 3 A Certification Download is issued from the I-SEM CSS Team which contains the enrolment code, and an with a Symantec URL which is used to download the PKI client and Cert (The Root Cert as a contingency for the event of the PKI Client not working. It will be installed as part of the PKI client install ) I-SEM Testing & Symantec 4 Participants notify the I-SEM CSS Team of their intent to begin CCQT & PIT Participant POC 5 The same cert is to be used for both the BM and the CM. As such, Participants who have registered for the CM are required to issue certificate details to the I-SEM CSS team as detailed in Section of the CCQT Guide 6 Participants connect to the test environment and begin and execute CCQT testing N/A Participant POC 13

14 Overview of the Session Meeting Details Meeting Purpose Chair Secretariat I-SEM Market Trial Working Group Mark Needham Louise Dalton Amy Yeung Date 31 August 2017 Time Item 10:30 Welcome and Introductions 10:35 Connectivity (CCQT and PIT) Overview 11:10 Market Trial Agreement and Registration 11:40 Scope and Scenario outline for Market Trial 12:30 Lunch 13:15 Discussion and Feedback 14:15 End of Meeting 14

15 Market Trial Agreement and Registration Market Trail Agreement explains Limitation of liability and costs Roles and responsibilities Application of market rules Confidential information Governing law Schedule Termination of trial 15

16 Market Trial Agreement and Registration 1. Sign but do not date the agreement 2. Send to and SEMO by Oct 27 th. 16

17 Overview of the Session Meeting Details Meeting Purpose Chair Secretariat I-SEM Market Trial Working Group Mark Needham Louise Dalton Amy Yeung Date 31 August 2017 Time Item 10:30 Welcome and Introductions 10:35 Connectivity (CCQT and PIT) Overview 11:10 Market Trial Agreement and Registration 11:40 Scope and Scenario outline for Market Trial 12:30 Lunch 13:15 Discussion and Feedback 14:15 End of Meeting 17

18 Scope and Scenario outline for Market Trial Market Trial Scope

19 Scope and Scenario outline for Market Trial Market Trial Scenarios

20 Scope and Scenario outline for Market Trial Scenarios 1, 2 and 3

21 Scope and Scenario outline for Market Trial Scenarios 4 and 5

22 Scope and Scenario outline for Market Trial Scenarios 6 and 7

23 Overview of the Session Meeting Details Meeting Purpose Chair Secretariat I-SEM Market Trial Working Group Mark Needham Louise Dalton Amy Yeung Date 31 August 2017 Time Item 10:30 Welcome and Introductions 10:35 Connectivity (CCQT and PIT) Overview 11:10 Market Trial Agreement and Registration 11:40 Scope and Scenario outline for Market Trial 12:30 Lunch 13:15 Discussion and Feedback 14:15 End of Meeting 23

24 Overview of the Session Meeting Details Meeting Purpose Chair Secretariat I-SEM Market Trial Working Group Mark Needham Louise Dalton Amy Yeung Date 31 August 2017 Time Item 10:30 Welcome and Introductions 10:35 Connectivity (CCQT and PIT) Overview 11:10 Market Trial Agreement and Registration 11:40 Scope and Scenario outline for Market Trial 12:30 Lunch 13:15 Discussion and Feedback 14:15 End of Meeting 24

25 Discussion and Feedback

26 Milestones and Deliverables Milestone / Deliverable Market Trial Entry/Exit Criteria Market Trial Scope Definition Required Date/2017 July August Activity Review the Market Trial Entry/Exit Criteria to ensure that it is comprehensive and feasible Review and ensure that the scope is consistent with expectations Registration Begins September Registration for Market Trial commences Market Trial Scenario Documentation Market Trial Participant Guidebook CCQT and PIT Market Trial Decision to Proceed Report Sept-Oct Sept-Oct Sept-Nov November Develop the scenarios to reflect the most likely events Develop a guide to help participants to prepare and execute I-SEM Market Trial Market Participants must complete CCQT and PIT Review the latest guidance regarding the Decision to Proceed 26

27 Overview of the Session Meeting Details Meeting Purpose Chair Secretariat I-SEM Market Trial Working Group Mark Needham Louise Dalton Amy Yeung Date 31 August 2017 Time Item 10:30 Welcome and Introductions 10:35 Connectivity (CCQT and PIT) Overview 11:10 Market Trial Agreement and Registration 11:40 Scope and Scenario outline for Market Trial 12:30 Lunch 13:15 Discussion and Feedback 14:15 End of Meeting 27

28 Scope Process In Scope Out of Scope Registration (DAM/IDM/BM/AOLR) Live system Coordinated Capacity Calculation (CCC) Live System Financial Transmission Rights (FTR) Live system Forward Markets Capacity Market Live system - Participant registration (open 5 months prior to Market Trial) - Participants registration during Market Trial - Change registration information during Market Trial - Confirmation of Participants self-certification N/A - Live feeds used for Market Trial N/A - Live feed used for Market Trial (as needed) - Settlement -, and congestion rents. - Mock auction in December 2017 Out of scope for Market Trial - Live feed used for Market Trial (as needed) - Secondary trading of Reliability Options - Settlement processes Replication of FTR processes in Market Trial for exploratory purposes

29 Scope Process In Scope Out of Scope Day-Ahead Market (DAM) Market Go-Live System - Connectivity to DAM - Connectivity to MOC - DAM trading - coupled - DAM auction - Simple orders - Complex orders - Trade limits - Feasible physical notifications - Agent of Last Resort - Local and cross boarder nominations - Publication DAM trade and order information - Publication market coupling results - Publication DAM prices - Settlement processes Forward market contracts for difference

30 Scope Process In Scope Out of Scope Intraday Market (IDM) Market Go-Live System - Connectivity to IDM - Connectivity to ROC - Agent of Last Resort - IDM cross-border auction - IDM continuous trading - Trade entry and edit - Simple orders - Half hourly block bids - Trade limits - Feasible physical notifications - Agent of Last Resort - Publication IDM trade and order information - IDM trade prices - Settlement processes Pan European market IDM Complex orders

31 Scope Process In Scope Out of Scope Balancing Market - Connectivity to BM Live dispatch (BM) - Physical notifications Market Go-Live - Technical offers System - Commercial offer simple (Inc. & Dec.) EMS Live system - Commercial offer complex (3-part offer) - TSO security and balancing actions - Dispatch - Data and Telemetry - State Estimator - Real-Time Network Security Analysis - Scheduling constraints - Outages - Wind curtailment - Uninstructed participant deviations - Administrative scarcity pricing - BM 5-minute prices - Settlement processes

32 Scenarios Scenario Description Date 0 Capacity Mock Auction Conduct a Mock Capacity Auction to open to all participants in the Capacity Market. Dec 4 th - 8 th 1 Systems Readiness The Market Trial IT infrastructure environments have been tested, are stable, and have identical requirements to Go-Live. The hardware includes all systems, e.g. servers, network Dec 4 th Jan 12 th switches, storage etc. and software includes all applications, middleware, data etc. 2 Simple Day-Ahead Perform a simple DAM which uses uncoupled auctions. This exercise will have simple Jan 15 th - Market offers and bids only. 3 Simple Balancing Using the outputs from the Simple Day-Ahead Market this scenario will use simple PNs and Jan 17 th - Market 4 Full Market Simple Functions 5 Full Market Full Functions 6 Full Market Complex Functions hour Continuous Run assumes an unconstrained dispatch without any outages or extreme events This scenario includes a simplified version of the market with uncoupled auctions and sees the DAM; IDM and BM being run together for the first time. There are no outages nor are there any extreme pricing events. The scenario assumes full availability of all applications. The AOLR function is exercised for the first time in Market Trial. The extent of the market processes includes simple settlement. Perform DAM, IDM and BM and settlement with complete range of standard transactions. The market is run with all of its functionality. Coupled auctions, trade limits and credit limits appear for the first time. Constrained dispatch, TSO balancing actions and uninstructed participant deviations are included. Simple funds transfer. Perform DAM, IDM and BM and settlement with including complex functions such as forced outages, key application (e.g. EMS) outages, load shedding and collateral calls. This is the first time that key exception events are seen. Administrative scarcity pricing appears for the first time. Low and High wind forecasts and price volatility are trialled. Resettlement, invoicing take place during this scenario. Jan 22 nd Jan 26 th Jan 29 th - Feb 9 th Feb 12 th Mar 16 th Mar 5 th Operate I-SEM in parallel with SEM for 7 days without incurring a Severity 1 defect. Mar 20 th Apr 20 th Go Live

33 Overview of the Session Meeting Details Meeting Purpose Chair Secretariat I-SEM Market Trial Working Group Mark Needham Louise Dalton Amy Yeung Date 31 August 2017 Time Item 10:30 Welcome and Introductions 10:35 Connectivity (CCQT and PIT) Overview 11:10 Market Trial Agreement and Registration 11:40 Scope and Scenario outline for Market Trial 12:30 Lunch 13:15 Discussion and Feedback 14:15 End of Meeting 33

34 Actions from July 27 th Actions Arising from Market Trial Working Group 27 July 2017 Status Date Link to Metrics from January 2017 to be circulated Circulate links to the published CCQT and PIT guides Circulate link to the SEM I-SEM Readiness Criteria, Governance and Contingency, published by the RA s Conference call to be scheduled in mid-september for the MTWG. Calendar invites to all meetings and conference calls to be sent out to MTWG team. TSOs I-SEM team to organise MTWG Workshop to have technical team members scheduled to talk about CCQT and PIT, with a particular emphasis on the guides Link to slides from MTWG Meeting on July 27 th to be circulated. I-SEM to look at whether it is possible to provide a report of a respondent s current MRA status where requested. Risks and Issues to be added to the Slide Pack for each Market Trial Working Group meeting TSOs I-SEM Team TSOs I-SEM Team TSOs I-SEM Team TSOs I-SEM Team TSOs I-SEM Team TSOs I-SEM Team TSOs I-SEM Team TSOs I-SEM Team for Completion Closed 31 Jul 17 Closed 31 Jul 17 Closed 31 Jul 17 Closed 1 August 17 Closed 31 Aug 17 Closed 31 Jul 17 Closed 31 Aug 17 Closed 31 Aug 17 34

35 Dates for Engagement Proposed Dates for Upcoming MTWG Meetings / Conference Calls MTWG Conference Call MTWG Conference Call MTWG Conference Call MTWG Thursday, 31 August Friday, 8 September Wednesday, 27 September Thursday, 12 October Wednesday, 25 October Friday, 10 November Thursday, 23 November 35

36 Risk Register Risk Description There is a Risk that there will be inadequate business (operational) resources in place for Market Trial, Training and Auctions resulting in inadequate preparation and execution which will impact on the Level 1 Plan including Go Live. There is a risk that trial participants will not be able to interface with the market systems. This would require development resources to be deployed to solve the problem which is not planned. Risk Response/Control 1. Resource requirements identified 2. Align resource requirements with the training requirements 3. Multiple workshops held with various business functions as part of the development of a market trial strategy. 4. The Market Trial Plan has been updated. 1. Engage with participants and agree an approach for interface testing. 2. EirGrid have developed a bespoke CCQT document which will be shared with the various participant 3. Continue to meet the participants and support them with their CCQT and PIT type testing. 36