Public consultation on the proposal of amendment of the T&C BSP aFRR

Topic

Elia is organizing a public consultation on the proposal of amendment of the T&C BSP aFRR in the context of high prices observed during some aFRR capacity auctions.

Context

Consequently to the bidding behavior observed in “per-CCTU” aFRR capacity auctions of 18 and 21 October and after analysis, Elia and the CREG have decided to apply a protective measure aiming at better aligning the aFRR capacity auction design with market circumstances.

The protective measure has been applied as of the delivery day of 25 of October.

This proposal of amendment intends to include the protective measure in the T&C BSP aFRR.

This protective measure consists of a derogation to Art. II.9.1 and Annex 7.F of the BSP Contract aFRR: the volume demand to be procured in the second step of the aFRR capacity auction (“per-CCTU capacity auction”) will be capped to the total prequalified aFRR volume corresponding to delivery points DPpg (“non-CIPU”). In consequence, all remaining aFRR capacity is procured in the first step of the aFRR capacity auction (“all-CCTU capacity auction”).

Period

Elia invites all stakeholders to submit any comments and suggestions they may have on the document submitted for consultation.

The consultation period runs from 6 November 2020 to 6 December 2020.

After the consultation period, Elia will collect all comments and feedback from the market parties. Elia will analyse these comments and integrate them into a consultation report together with Elia’s responses. In addition to the consultation report, Elia will publish the reactions of the market parties (including names) on the website, unless it is explicitly stated that the contribution is to be considered confidential.

 

Form

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