Specific Product (Electricity Balancing Market)


 

Specific Product in the Electricity Balancing Market means, pursuant to ENTSO-E draft of the Electricity Balancing Network Code (NC EB)a product different from a Standard Product.

 

Each EU Member State Transmission System Operator (TSO) will have the right to define and use Specific Products for Balancing Capacity and Specific Products for Balancing Energy.

 

In case a TSO choses to define and use Specific Products it shall submit a proposal to its National Regulatory Authority (NRA) no later than two years after entry into force of NC EB.


"... if Standard Products as defined by all TSOs are not sufficient for a TSO to: (i) balance its area, or (ii) respect Operational Security, or (iii) enable the participation of resources that cannot be offered through Standard Products, then this TSO is allowed to define other products which are known as Specific Products. However, the priority is to define and use Standard Products.

 

The definition of Specific Products and volume should be transparent; shared with the NRA; and published in the annual report. Moreover they should not create inefficiencies or distortion of the market. These products do not necessarily fit with the characteristics of Standard Products and have to be adapted and shared with other TSOs when System Security is not compromised."

 

(Supporting Document for the Network Code on Electricity Balancing of 6 August 2014 p. 50)

 

 

While assessing the request for a Specific Product the NRA will take into account the following requirements:

(a) Standard Products are not sufficient to operate Balancing and respect Operational Security or enable the participation of resources that cannot be offered through Standard Products;

(b) Specific Products shall not create significant inefficiencies and distortions in national markets or in the Coordinated Balancing Area (CoBA);

(c) Specific Products shall be visible for other TSOs of the Coordinated Balancing Area; and

(d) Specific Products could be marked as unavailable for activation by other TSOs of the Coordinated Balancing Area when Operational Security is endangered.

 

Each TSO shall have the right to reassess and develop an updated proposal for Specific Products for Balancing Capacity and Specific Products for Balancing Energy.

 

Connecting TSOs using Specific Products shall have the right to convert these products into Standard Products used in the concerned CoBA and submit them to the Activation Optimisation Function or the Capacity Procurement Optimisation Function.

 

The Agency for the Cooperation of Energy Regulators (ACER) in its Recommendation No 03/2015 of 20 July 2015 on the Network Code on Electricity Balancing requires that all Standard Products and all Specific Products for a specific balancing process are shared for all CoBAs for that balancing process.

 

This would ensure that CoBAs are not designed in a way that will prevent their future merger.

 

Nevertheless, ACER recognises that TSOs may need some time to shift from the use of currently non-standardised products to for the standardised products.

 

For this reason, Specific Products may be introduced and, when these Specific Products cannot be used by other TSOs, this may be blocked for exchanges, while still submitted to Common Merit Order List (CMOL) and a visible to all TSOs.

 

 

Last Updated on Thursday, 24 March 2016 13:56
 

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