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MRSO Update

The MRSO outlines its year-end arrangements for data provision on weekdays leading up to Christmas and New Year. A work-around from last year is in place, ensuring all indicative data is available by D+1 and initial data by D+4. In an effort to avoid operating the MRSO during the holidays, a full calendar will be published, and the market is requested to repeat the 13 Month Re-Aggregation process. Key dates include the completion of old market re-aggregation by mid-November and 13 Month Settlement starting December 1, 2008. Feedback on any issues is welcomed.

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MRSO Update

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  1. MRSO Update Frank Leetch MRSO

  2. End of Year Arrangements • MRSO obligation to provide data on all weekdays • Last Christmas/New Year, work around put in place with market agreement • All Indicative data earlier than D+1 and Initial as near to D+4 as possible. Full calendar to be published • Aim is to avoid necessity to operate MRSO on Christmas and New Year • Request to market to repeat the work around

  3. 13 Month Re-Aggregation • Re-Agg covering the period Sept 07 - Nov 07 was run at the weekend • MRSO will issue the details via CD on Monday • All re-aggregation in the old market will be complete by mid November

  4. New Day+13 Month Settlement • SEM Day + 13 Months settlement due to start from 1st December 08 • SEMO has requested that MRSO (and all data providers) send this data from 13th November • Because the settlement process takes at least a week to process, SEMO needs to get the energy data from us early • A similar arrangement is in place for M+4 whereby every Wednesday morning we send 7 days settlement data approx 2 weeks before the actual day • Would appreciate feedback from the market on any issues with this

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