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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
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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?
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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
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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
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Back to 1999!
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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?
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How do you get real competition?
Shared Order Books (and liquidity) at all times between competing NEMOs
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Real competition to the benefit of
wholesale market participants and hence
of end consumers
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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?
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NODES
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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
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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)
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NODES – Invites you to test in your grid
www.NODESmarket.com
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THANK YOU!MERCI! DANKE! TAKK!Dziękuję! GRAZIE!DANK [email protected]
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Q&A and suggestions
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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
[email protected] T: +49 3221 4219614 M: +49 151 51 35 55 51