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Project TERRE open stakeholder meeting, Madrid

Date: 01/12/2015 -  

​​​​​​This event will give stakeholders an opportunity to hear about the latest status of the project, currently in its design phase, and allow them to provide input.

  • When: Tuesday 01st December 2015 10:00 to 16:00
  • Where: CNMC premises, Alcalá 47, 28014 Madrid
  • Who would be interested: Energy market participants and EU representatives
  • What countries are in TERRE:
    • France, GB, Greece, Italy, Portugal, Spain, Switzerland
    • Ireland as an observer

Presentations

Programme​

  • Speakers: Members of the TERRE TSOs project team and respective NRAs will be giving updates on the current status of the project and the expected further steps
  • Project Work streams:​
    • Solution Design: P​roducts, Timing & Data Sequencing, CMO Matching & Algorithms, Settlement and Available Transmission Capacity
    • Cost Benefit Analysis
    • Public consultation on the project design: scope, timeline, stakeholders’ expectations
    • Project Implementation plan
    • Interaction between the TERRE project and the requirement to develop a Coordinated Balancing Areas to exchange Replacement Reserves, according to Regulation on Electricity Balancing
  • Agenda: Download the Agenda​.
  • Documentation: The supporting presentations will be drafted, circulated to the registered participants and published on ENTSO-E website by 26 November 2015. Stakeholders’ presentations on the above topics are also welcomed.​

Introduction

Project TERRE is one of a number of voluntary pilot initiatives set up by ENTSO-E, with the aim of gaining experience from cross-border exchanges of balancing energy between TSOs in compliance with the future Electricity Balancing Guideline. TERRE is currently the leading pilot project to exchange Replacement Reserves (RR).

The project, which is currently in the design phase, is tackling a number of complex design issues related to the procurement, exchange and settlement of balancing energy across a large area of European countries where TSOs use the Replacement Reserves process.

The end of year 2015 will be a key milestone to complete the design phase, before publicly consulting stakeholders on the outcome of this phase, and further submitting the project design to regulatory approval and launching the implementation phase. Therefore, TSOs and NRAs involved invite stakeholders to this meeting in order to:
  • give them an update on the current status of the project work streams,
  • provide insight into options being currently considered,
  • ask stakeholders for their comments and answer their potential questions,
  • discuss the next steps, in particular the public consultation, the approval and the implementation phases.

Request to attend the event

Due to limited places we kindly ask that you confirm your attendance via the form below. The deadline to complete this form is Friday 20 November. Following this date attendees will receive an email confirming their participation.

For further information please contact Rodrigo Escobar (rodrigo.escobar@cnmc.es) and Amine Abada (amine.abada@rte-france.com)​