|Specific Product (Electricity Balancing Market)|
|European Union Electricity Market Glossary|
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.
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|