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Explore the common sets of rules implemented since 2008 for CSE and CASC, and regulatory guidance developed in collaborations like the Joint CSE, CWE, and Swiss RCC meetings. Key points include administrative arrangements, transparency enhancement, and harmonisation of concepts.
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Regulatory guidance for the HAR CSE, CWE and Swiss User’s Forum - NRA Workshop Monday 26th September 2011
Background • Common sets of rules have been implemented : • In CWE since 2009 • In CSE since 2008 • CASC has taken in charge CWE long-term product auctions since 2008 (for 2009 LT capacity rights) • CSE long-term and day-ahead products have been offered through CASC since April 2011 • Two sets of auction rules managed by the same allocation platform: a need for harmonisation
Regulatory guidance: a wish-list • Joint CSE, CWE and Swiss RCC meeting on February, 8th 2011 • Consensus on a wish list sent to TSOs on March, 30th 2011 • Joint CSE, CWE and Swiss IG meeting on July, 1st 2011 • Start of the public consultation on Harmonised Auction Rules on September, 13th 2011
Main points of the wish-list (1/2) • Administrative arrangements • Harmonisation of deadlines, information, terms… • Curtailments • Before nomination • In case of Force Majeure (FM): Reimbursement • Not FM: Compensation scheme in line with FG CACM where applicable • After nomination • Nominated capacity is physically or financially firm except in case of FM • Curtailment of non-nominated held capacity • To be addressed in the HAR
Main points of the wish-list (2/2) • References to specific national requirements and trading rules • Objective to have a stand alone document • Transparency and secondary market enhancement • List of long-term capacity holders • Nomination rules • Create two separate documents: one for auction rules and one for nomination procedures • Further requirements • Harmonisation of concepts such as ‘immediate suspension”, “bid submitter”… • Further clarification in stakeholders’ responsibility