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OFATE Market forum

Market design et transition énergétique - vers la multiplication des marchés ?

Paris, 19 June 2019

Integration of European Day-ahead and Intraday markets

A special focus on France and Germany

Pietro RabassiDirector, Central European Markets, Nord Pool

Agenda

What is Nord Pool?More competition in power markets : how do you get this? your benefits?More Integrated European power markets: benefits for you, how?Q&A and suggestions

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What is Nord Pool?

Nord Pool created the world’s first international power markets (DA and ID) that became the EU Target model, in France and Germany, too

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1991 1993 1996 1998 1999 2000 2002 2008 2010 2010 2012 2013 2014 2014 2014 2015 2016 2019

And this year we celebrate the 20 years of the first ID market!

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1991 1993 1996 1998 1999 2000 2002 2008 2010 2010 2012 2013 2014 2014 2014 2015 2016 2019

Back to 1999!

524 TWh yearly

>380 Customers

Organisation140 people

25 nationalities

18European marketsWorld-wide

consulting

At the end of 2018…

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More competition in power markets: your benefits, how do you get this?

How do you get real competition?

Shared Order Books (and liquidity) at all times between competing NEMOs

Real competition to the benefit of

wholesale market participants and hence

of end consumers

From a German order perspective (example)After DE-AT split

13:45-15:00Freeze

18:00DK1-DE, DK2-DE,

Baltic

22:00 D-60

D-30

On XBID On XBID

Delivery start

08:00

On XBIDOn Local OB On Local OB On Local OBCross-TSO areas

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D-20

On Local OBWithin-TSO areas

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More integrated European power markets: benefits for you, how?

NODES

Buy flex

Need flexibility Flexibility provider

Dispatch

Buy flex

Sell flex

Sell flex

Flex contract

Flexibility Marketplace

Sell flexBuy flex

NODES – Fully-fledged market design

Use cases High Voltage Medium Voltage Low Voltage

Generation(congestion)

Load(congestion)

Disproportionately high costs if

annual peak load is exceeded

PV

E-Mobility

aggregation small scale

generation units

Balancing(TSO/DSO coordination)

Activation of assets in

congested DSO areas

Aggregation of assets for

balancing purpose

Aggregated storage

Flexibility as alternative to traditional redispatch

(Einsman)

30.10.18

GEODE slide

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Schwarzheide (Germany)

Engene (Norway)

NODES – Invites you to test in your grid

www.NODESmarket.com

THANK YOU!MERCI! DANKE! TAKK!Dziękuję! GRAZIE!DANK JE!pietro.rabassi@nordpoolgroup.com

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Q&A and suggestions

P:M:

www.nordpoolgroup.com

Pietro is the Director for Central European Markets and responsible for expanding Nord Pool’s business across Europe and creating greater value for its customers.

The Central European markets currently cover seven countries—Austria, Belgium, France, Germany, Luxembourg, the Netherlands, Poland.

Pietro has a professional background in international business, and the public and academic sectors, particularly relevant to the energy and power trading environment and to his role at Nord Pool.

He has studied engineering at Politecnico di Milano in Italy and at Ecole Polytechnique in France and pursued postgraduate business and government studies at Harvard University in the USA.

Pietro has lived in 7 countries so far. You may address him in Norwegian in the longer run, but for now it is easier to choose among English, German, French, Italian or Greek (you can try some Spanish and Russian, too).

Joined Nord Pool: 2016

Pietro Rabassi Director Central European Markets

pietro.rabassi@nordpoolgroup.com T: +49 3221 4219614 M: +49 151 51 35 55 51