1 market operator user group meeting 1 market operator user group meeting 13 th of march 2012 the...

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Market Operator User Group Meeting1

Market Operator UserGroup Meeting

13th of March 2012The Oval, Dublin

Conference Call Number: 00353 1 664 7777Customer Pin: 97892

House Keeping

Please note the location of the fire exits.

If you are on the conference call we would ask that you keep your phone on Mute unless you are asking a question

Please keep mobiles on silent

Copyright EirGrid/SONI 20072

Market Operator User Group MeetingMarket Operator User Group Meeting 2

3

Agenda

3Market Operator User Group Meeting

Review of Action Items 10:30Market Operations 10:35IT & Market System Development 11:00Intra Day Trading – Training Update 11:30Customer Service 11:35Q&A 11:45

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Review of Action Items

Market Operator User Group Meeting 4

Update on Currency Cost Issue – Will be provided in session

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Agenda



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Key Performance Indicators

Oct-10

Nov-10

Dec-10Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-11

Aug-11

Sep-11

90%

95%

100%

TargetActual

Oct-10

Nov-10

Dec-10Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-11

Aug-11

Sep-11

90%

95%

100%

Ex-Post Initial Delivery TargetActual

Oct-10

Nov-10

Dec-10Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-11

Aug-11

Sep-11

90%

95%

100%

Invoicing Delivery TargetActual

Oct-10

Nov-10

Dec-10Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-11

Aug-11

Sep-11

90%

95%

100%

Credit Cover Increase Notice Delivery

TargetActual

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Key Performance Indicators



Publish MIP/LR

Operational Date Trade Date Run Type LR Peak SMP MIP Peak SMP Published

19/01/2012 15/01/2012 Ex-Post Initial (EP2) €512.92 €384.87 MIP

22/01/2012 21/01/2012 Ex-Post Indicative (EP1) €575.09 €480.88 MIP


03/02/2012 30/01/2012 Ex-Post Initial (EP2) Price Floor (-€100) €290.31 MIP

26/02/2012 02/02/2012 Ex-Post Initial (EP2) €550.33 €301.22 MIP


08/02/2012 09/02/2012 Ex-Ante (EA) €607.85 €443.47 MIP

12/02/2012 08/02/2012 Ex-Post Initial (EP2) Price cap (€1000) and price floor (€-100)

€301.42 (PFLOOR remained)

MIP


26/02/2012 27/02/2012 Ex-Ante (EA) €539.97 €318.45 MIP



Pricing Issues

Run Type

Issue Resolution

All Late Reports Reports published late to the website and / or

MPI.

The Ex-Ante market schedule was published after market deadline on three occasions for the following Trade Dates 19/02/2012 21/02/2012 23/02/2012Due to an system defect impacting Modified Interconnector Unit Nominations.

The Ex-Post Indicative market schedule was published after market deadline at 16:45 03/02/2012 instead of 16:00 03/02/2012 for Trade Date 02/02/2012 Due to an operational error.

The Ex-Post Initial market schedule was published one day after the market deadline, instead of by 17:00 on 22/02/2012 for Trade Date 18/02/2012 Due to an system defect impacting Modified Interconnector Unit Nominations.


Pricing Issues

Run Type

Issue Resolution

All Late Publication Reports published late to the website and / or

MPI.

Late Transfer MIUN’s transferred late.

The Ex-Post Indicative shadow price was published after market deadline at 16:29 03/02/2012 instead of 16:00 01/02/2012 for Trade Date 31/01/2012 Due to an operational error.

The Modified Interconnector Unit Nominations for the Ex-Ante were published several minutes late for Trade Date • 05/03/2012 Due to a system defect, a fix has since been implemented.

• 09/03/2012Due to an operational error.

MIUN Import Capping Issue

MIUN Import Capping Issue

The Maximum Import Capacity for the Moyle Interconnector was capped incorrectly at 295 Mw instead of 450 Mw.

The issue affected the following Trade Dates:

• 19/02/2012 • 20/02/2012 • 21/02/2012 • 22/02/2012

This was caused by a system defect . A fix has since been deployed by the vendor. The Interconnector is now correctly operating at 450 MW.

Issue was discussed in the SEMO Conference Call on Thursday 8th March

Copyright EirGrid/SONI 2007Market Operator

Currency Costs Defect - Update

• A fix was deployed on the 6th of January 2012.• The first defect was in relation to the application of Invoice Day Exchange Rate. Since May 2011

release an automated invoice day exchange rate was implemented. However, it was found that the system was instead picking up the last manual entry of this value and not the automated value.

• The second defect was in relation to the apportioning of currency costs charges/payments. Since October 2010 release, it was found that some Participants have been incorrectly invoiced in regard to their currency costs.

• The value of this error is estimated to be in the region of €1 million.• SEMO is in the process of re-calculating Currency Costs across the affected periods.

Update : 13th March 2012:

• SEMO is currently analysing revised values for the affected period and will issue a further communication by end of March in relation to plan for invoicing.

• SEMO will communicate with all Participants, prior to invoicing, regarding their prospective amounts and provide supporting calculations.

• Interest will be applied or paid on these invoices.• It should be noted that these revised calculations will be outside of the Settlement

system and therefore invoices will not available on the MPI.• A single ad hoc invoice or self billing invoice, where applicable, will be raised covering

the entire period by our Funds Transfer team.

Settlement Issues


Run Type Issue Cause and Resolution

Indicative Energy & VMOC Late Publishing

System Issue

25th January (< 1 hr late)

28th February (> 1 hr late)

1st March (> 1 hr late)

The delays were a result of system performance issues affecting Market Systems.

A short term solution was put in place to improve performance. However, SEMO are working on a permanent fix with the vendor.

Invoicing – Capacity Resettlement Invoices Cancelled*Market Conference Call held 9th

March Operational Error

December 2010 M+13

Late Publishing

System Issue

October 2011 M+4

January 2011 M+13

A query was upheld in relation to financial discrepancies for Capacity RS. As a consequence invoices were re-issued on the same day thus voiding the original invoices. Capacity Ad hoc resettlement has been rescheduled to be invoiced 23rd March 2012

These Capacity periods were invoiced outside of the Code timelines due a system defect concerning a ramp rate change to the interconnector. A fix was implemented and the Capacity periods were invoiced on 2nd March 2012

Settlement Issues


Run Type Issue Cause and Resolution

Invoicing – Energy Resettlement Late Publishing

System Issue

Week 1 2011 M+13 (> 1 hr late)

Week 2 2011 M+13 (> 1 hr late)

These billing periods were invoiced outside of the Code timelines due a system defect concerning a ramp rate change to the interconnector. A fix was implemented and the billing periods were invoiced on 2nd March 2012

Invoicing – VMOC Resettlement Late Publishing

System Issue

Week 1 2011 M+13 (> 1 hr late)

Week 2 2011 M+13 (> 1 hr late)

These billing periods were invoiced outside of the Code timelines due a system defect concerning a ramp rate change to the interconnector. A fix was implemented and the billing periods were invoiced on 2nd March 2012

Invoicing - FMOC Invoice Omitted for a Participant

Operational Error

January 2012

One Participant did not receive an FMOC invoice for January 2012. This was applied to February 2012.

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Agenda


Review of Action Items 10:30Market Operations 10:35IT & Market System Development 11:00Intra Day Trading –Training Update 11:30Customer Service 11:35Q&A 11:45


CMS Oracle database archiving In November 2011 SEMO completed the first phase of CMS production database archiving

project. This is required for a few reasons. The production database is approaching two terabytes in size. Performance on some batch/processing jobs has seen impacts. It is a requirement for IDT (migration from test to live).

Progress to date: Successful partitioning of the main settlements tables. SEMO have been working with the CMS vendor & Market Operations to agree,

Partitioning of the main settlements tables - Done Agree a rolling window for ‘live’ data - Done A method to archive - Done An agreement on a method to access/restore off-line or archived data – Done

Next Steps: Run through the procedure to archive and retrieve in a Non-Production test

environment – Done. Verify & test for both- In progress Verify the results with the CMS vendor. Notify the market of the outage of the CMS to archive in production

Will happen this month on a Friday and will require a 12hr outage.

SEMO IT Technical Update

MIUN Update

Over weekend of 18th February faults were experienced with MIUN Calculation as a result of two separate issues:

1. ATC was being consumed in the wrong direction – this meant that the nominations were being constrained to 290MW on Saturday – fix applied 22nd February following SEMO testing.

2. a new scenario encountered due to the 5MW ramp rate on the Moyle Interconnector – fix applied 27th February following SEMO testing.

Conference Call held with Participants in relation to these issues on March 8th where these items were dealt with in detail.

SEM R2.0.0: Intra-Day TradingRelease Scope

The following Change Requests are in scope for the SEM R2.0.0 release:

CR Ref Mod Ref Description

CR222 Mod_18_10 Intra-Day Trading

CR244 N/A SO Security (Option 1)

CR256 Mod_43_10 Price Taker Generator Units and Firm Access

CR284 Mod_18_10 Data to be Utilised when MSP Software Cancellation Run occurs

CR287 N/A Inclusion of Breach Amount in the Credit Risk Report

SEM R2.0.0: Intra-Day Trading

Key Milestones Vendor Functional Design Approval 29 July 2011 √ Complete

Technical Overview Workshop 03 Aug 2011 √ Complete

MPUD and Technical documentation 29 Aug 2011 √ Complete

Participant Engagement Plan 09 Sep 2011 √ Complete

Vendor Coding and Unit Testing 11 Nov 2011 √ Complete

Factory Test Complete 23 Dec 2011 √ Complete

SIT Execution 03 Jan 2012 In Progress

Market Trial Execution 30 Apr 2012 to 06 Jul 2012

Proposed Deployment* 20 Jul 2012

* Subject to successful completion of testing.

SEM R2.0.0: Intra-Day Trading

High-level project schedule

SEM R2.0.0: Intra-Day TradingMPUD

MPUD V1.2 was published on February 24th, 2012.

Updates included: Inclusion of File_Name for reports (based on Participant feedback) Inclusion of Report Timings Notice of removal of column from two reports

Daily Interconnector ATC Daily Revised Interconnector ATC

Addition of technical pre-requisites

SEMO welcomes comments on the MPUD at any time – please send feedback to the SEMO Market Helpdesk ([email protected]), title prefixed with the word “MPUD”

mailto:[email protected]

SEM R2.0.0: Intra-Day TradingMarket Trial

Connectivity testing commences 23rd April 2012 for one week.

Execution scheduled for 30th April 2012 - 06th July 2012.

The following related documentation was published on February 22nd, 2012:

Market Trial Approach Document; Market Trial Detailed Workplan; and Workshop Slide Pack.

A Market Trial workshop has been scheduled for March 13th.

Further Market Trial documentation will be made available as per the timeline specified in the published Detailed Workplan.

SEM R2.1.0 (Oct 2012) Release UpdateApproved Scope

The following CRs have RA approval for inclusion in the SEM R2.1.0 release:

CR Ref Mod Ref DescriptionCR207 N/A Automation of FMOC Calculation

CR254 Mod_40_10 Dwell Times While Ramping

CR255 Mod_42_10 Single Ramp Rate

CR258 Mod_01_11 UI Payments for Generator Units

CR259 Mod_06_11 SRA Cancellation through the MPI

CR260 N/A Additional MI-AMP Feed

CR261 N/A Removal of Orphan Trading Site Settlement Points

CR266 N/A Change of Effective Date in the MPI

CR267 N/A Wind and Load Forecast Data

CR274 Mod_10_11 Interconnector Under Test

CR275 Mod_12_11 Interconnector Losses

CR280 Mod_21_11 UI Payments for ELUs Constrained On

CR286 N/A Publication of Zero IUNs when no PQ Pairs available

SEM R2.1.0 (Oct 2012) Release UpdateParticipant Impacts

The SEM R2.1.0 scope will have an impact on interfaces between the CMS and Participant systems.

To support this release, SEMO will put in place the necessary framework to give maximum visibility and opportunity for engagement to Participants, including: Interface documentation set (e.g. MPI User Guide, MPUD); Functional Workshops; MOUG Updates; and Market Test phase.

SEM R2.2.0 (Apr 2013) Release UpdateModification Proposal Scope

The following CR has RA approval for inclusion in the SEM R2.2.0 release:

The Release Cut-off Date for the SEM R2.2.0 release is: Friday, 22nd June 2012

Any Non-Code Change Requests to be considered for this release should be submitted to the SDS mailbox ([email protected]) before this date.

CR Ref Mod Ref DescriptionCR281 Mod_17_11 Addition of D+3 Dispatch Instruction report

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Agenda



Feb 12 Mar 12 Apr 12 May 12 Jun 12 Jul 12

Market Trial

IDT

Dep

loym

ent

Market Participant

Training

IDT Training Update

• The training will be run over a one and a half day course

• There are three courses of the same training being held

• Only course with spaces left is the 26th and 27th March 2012 in Dublin

• A soft copy of the presentation was made available on Friday 9th March 2012

• Some hard copies of the presentation, appendices and glossary will be provided at the course

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Training Registration

Jan12

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Agenda



Customer Service Statistics


We currently have 10 open calls over 20 working Days old

6 of the calls that we have resolved took over 20 working days to resolve

Customer Service Statistics – xxx 2012


Customer Service Statistics – XX/XX 2012


Disputes


• There is currently two Disputes Outstanding.

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Agenda


Review of Action Items 10:30Market Operations 10:35IT & Market System Development 11:00Customer Service 11:30Intra Day Trading – Training Update 11:35Q&A 11:45

Any Questions?

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Thank You for your AttendanceThank You for your Attendance

Next MOUG Conference Call: 17th of April 2012

Next MOUG: 15th of May 2012 in Belfast

Market Operator User Group Meeting 35

1 market operator user group meeting 1 market operator user group meeting 13 th of march 2012 the...

Documents

market operations10

market deadline

market system development11

exante market schedule

mip run

seconds mip gap

suboptimal mip solution

optimal solution