Uniform Auction Process (Day-Ahead)

Conferimento di capacità Day-Ahead
San Donato Milanese, 5 - 6 Marzo 2013
snamretegas.it
Agenda
I
INTRODUZIONE
II
CODICE DI RETE
III
ASPETTI COMMERCIALI E APPLICATIVI SRG
2
I Introduzione – Evoluzione del Servizio di Trasporto
Evoluzione modalità gestionali:
GESTIONE CARTACEA
Primo booking
di capacità
Lug 2001
180,000
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
-
Avvio studio di
fattibilità Portale
Capacità
Giu 2006
PORTALE CAPACITA’
Avvio fase di
realizzazione
Portale Capacità
GO LIVE
Primo processo di
conferimento e
transazioni
Set 2008
Numero di transazioni gestite
02/03 03/04 04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12
Lug 2009
100
90
80
70
60
50
40
30
20
10
0
Introduzione
monitoraggio
Servizio di
Bilanciamento
Avvio Aste per
conferimenti day
ahead
Dic 2011
Apr 2013
Numero di utenti
02/03 03/04 04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12
3
Agenda
I
INTRODUZIONE
II
CODICE DI RETE
III
ASPETTI COMMERCIALI E APPLICATIVI SRG
4
Riferimenti normativi
Delibera AEEG 536/2012/R/gas
•
Dal 1 aprile 2013, conferimento di capacità giornaliera day-ahead presso PdE/PdU di
Tarvisio
•
Accesso garantito agli Utenti SRG:



adempienti agli obblighi contrattuali del Codice di Rete e
dotati di adeguate garanzie
non richiesta documentazione/informazioni sui contratti di importazione
•
Riferimento tariffario: corrispettivo mensile di capacità del PdE/PdU riproporzionato su
base giornaliera
•
Proposta di aggiornamento del Codice di Rete
•
AEEG-E-Control Guideline on a day-ahead allocation mechanism at the AT/IT border
5
Riferimenti normativi
AEEG- E-Control Guideline
Criteri in materia di conferimento di capacità (mercato primario):
•
offerta di capacità di trasporto giornaliera su base day-ahead presso il Punto di Tarvisio in forma
congiunta (bundled) tra i TSO interconnessi
•
Offerta di capacità giornaliera interrompibile in subordine a capacità continua
•
Capacità congiunta determinata come il valore minore tra le capacità giornaliere disponibili in
ciascuno dei sistemi interconnessi
•
Adesione dei TSOs a piattaforma comune, accessibile agli utenti delle reti di trasporto dei TSO
previa abilitazione
•
Processo di conferimento con meccanismo d’asta secondo modalità del Codice CAM
•
Ripartizione del corrispettivo tra TSO secondo accordi approvati da NRAs
•
Sottoscrizione contratti, conferimento ed erogazione del servizio presso ciascun TSO
6
Codice di Rete
Conferimento di capacità giornaliera presso i PdE/PdU interconnessi con l’estero
Conferimento della capacità di trasporto
Capitolo 5, par. 5.4, del Codice di Rete
Riformulazione del programma giornaliero
7
CAPITOLO 5
Conferimento di capacità (1)
Criteri di conferimento
•
Conferimento di capacità continua
•
Conferimento di capacità interrompibile a seguito di esaurimento capacità continua
•
Specifici requisiti per il conferimento
•
Utilizzo della piattaforma PRISMA
•
Assegnazione della capacità secondo criteri CAM
 procedure d’asta ‘a prezzo uniforme’
 Prezzo di riserva (corrispettivo capacità mensile pro quota sul giorno)
 Selezione offerte secondo valore economico decrescente sino a capacità offerta SRG
 Premio d’asta (corrispettivo unitario offerto relativo all’ultima offerta selezionata)
 Valorizzazione delle offerte selezionate = prezzo di riserva + premio d’asta
8
CAPITOLO 5
Conferimento di capacità (2)
Oggetto del conferimento
è la capacità per il trasporto di gas naturale sulla rete di SRG nel corso di un Giorno-gas:
•
•
•
•
presso TUTTI i PdE/PdU interconnessi con gasdotti esteri
Capacità Giornaliera Continua; e
in assenza di disponibilità di Capacità Giornaliera Continua, Capacita Giornaliera Interrompibile
Capacità espressa in Sm3/g
Determinazione della capacità di trasporto giornaliera
presso PdE/PdU interconnessi con l’estero
1.
2.
Capacità Giornaliera Continua = capacità non conferita per il Giorno-gas G
Capacità Giornaliera Interrompibile = capacità non programmata nel Giorno-gas G
Presso PdE/PdU di Tarvisio
1.
2.
Capacità Giornaliera Continua = quota in forma congiunta + quota in forma non congiunta
Capacità Giornaliera Interrompibile = quota in forma congiunta + quota in forma non congiunta
9
CAPITOLO 5
Conferimento di capacità (3)
Determinazione della capacità di trasporto giornaliera Tarvisio: esempio *
Capacità Giornaliera
Continua
offerta da SRG
in forma non congiunta
SRG
capacità continua
disponibile per il
giorno ‘G’
TAG
capacità continua
disponibile
per il giorno ‘G’
in forma congiunta
Capacità
Giornaliera
Continua
offerta da SRG
* N.B. Schema esemplificativo al solo scopo di mostrare la determinazione della eventuale quota di capacità per il conferimento in forma non
congiunta
10
CAPITOLO 5
Processo di conferimento di capacità (1)
Requisiti per la partecipazione al conferimento
•
•
•
•
Titolarità Contratto di Trasporto con SRG/credenziali di accesso Portale Capacità
Abilitazione Piattaforma PRISMA
Adeguatezza delle garanzie per il servizio di trasporto (Limite di Conferimento)
Rispetto obblighi del Codice
 condizione EPSuK < MEPSuK
 in regola con i pagamenti
• Contratto di trasporto con TAG (in caso di richiesta di capacità in forma congiunta)
• regole di allocazione presso il Punto definite e controfirmate dagli Utenti
Richiesta
• Impegnativa
• Max 10 offerte per asta
1. capacità oggetto dell’offerta di acquisto
2. capacità minima accettabile
3. corrispettivo unitario offerto (addizionale al Prezzo di Riserva)
• Σ Offerte entro il Limite di Conferimento
11
CAPITOLO 5
Processo di conferimento di capacità (2)
Assegnazione capacità di trasporto
• Svolgimento di una o più aste in base a
 prodotto offerto
 richieste pervenute
Esito del conferimento
Esito dell’asta
Esito del Conferimento
• comunicazione a ciascun soggetto partecipante di:
 capacità conferita, e
 relativo corrispettivo
• Pubblicazione esiti del conferimento in forma aggregata
• Ai fini del conferimento di capacità congiunta
verifica presso TSO interconnesso
N.B. Nel rispetto delle Guideline, non viene dato corso al conferimento all’Utente in caso di mancata sottoscrizione del
contratto presso l’operatore interconnesso.
12
Codice di Rete
Riformulazione del programma giornaliero
Processo di conferimento di capacità
Riformulazione del programma giornaliero
Capitolo 8, par. 6.7, del Codice di Rete
13
CAPITOLO 8
Riformulazione del programma giornaliero nel G-1
Cicli di programmazione e riprogrammazione per il Giorno-gas G
Entro le ore 19:00 del Giorno-gas G-1 l’Utente può riformulare
il proprio programma di trasporto per il Giorno-gas G presso
tutti i Punti della rete di trasporto SRG.
11:30
12:00
13:00
14.00/16:00
17:30
19:00
21:30
t
G-1
Bilancio
Termine
provvisorio registrazioni
al PSV
Chiusura Aggiornamento
della
informazioni
prenotazione
TSO
Conferma
della
prenotazione
Chiusura
riformulazione
della
prenotazione
Conferma
della
prenotazione
Entro le ore 21:30 del Giorno-gas G-1 SRG effettua la
verifica del programma così riformulato e comunica
all’Utente la relativa conferma
N.B. La prenotazione di capacità congiunta presso SRG non comporta l’automatica prenotazione di
capacità presso sistemi interconnessi. E viceversa.
14
CAPITOLO 8
Riformulazione del programma giornaliero nel giorno G
ciclo di riprogrammazione nel Giorno-gas G (chiusura ore 17:00)
Entro le ore 17:00 del Giorno-gas G l’Utente può riformulare il proprio
programma di trasporto per il Giorno-gas G presso i Punti di
interconnessione con lo stoccaggio e presso i punti di riconsegna
14:00
G
16:00
16:30
17:00
19:00
20:00
t
Pubblicazione
informazioni
TSO
Aggiornamento
Termine
riformulazione
informazioni
registrazioni
della
TSO
PSV
prenotazione Hub
stoccaggio + PdR
Aggiornamento
informazioni
TSO
Termine
Offerte Utenti
presso PB-Gas
15
Proposta di aggiornamento n. 18
http://www.snamretegas.it/it/servizi/Codice_di_rete/Aree/aggiornamento.html
Grazie per l’attenzione
Agenda
I
INTRODUZIONE
II
CODICE DI RETE
III
ASPETTI COMMERCIALI E APPLICATIVI SRG
17
Agenda
ASPETTI COMMERCIALI E APPLICATIVI SRG
• Requisiti per il conferimento di capacità
• Tempistiche Aste di capacità giornaliera day-ahead
• L’offerta di capacità day-ahead
• La richiesta di capacità day-ahead
• Criteri di assegnazione
• L’eventuale interruzione della capacità
• Esiti conferimento sul Portale Capacità
18
Requisiti per il conferimento di capacità (1/3)
Requisiti per la partecipazione al conferimento
• Titolarità Contratto di Trasporto con SRG/credenziali di accesso Portale Capacità
• Abilitazione Piattaforma PRISMA
• Adeguatezza delle garanzie per il servizio di trasporto (Limite di Conferimento)
• Rispetto obblighi del Codice
 condizione EPSuK < 90% MEPSuK
 in regola con i pagamenti
• Contratto di trasporto con TAG (in caso di richiesta di capacità in forma congiunta)
• Regole di allocazione presso il Punto definite e controfirmate dagli Utenti
19
Requisiti per il conferimento di capacità (2/3)
Limite di Conferimento
Snam Rete Gas determina ed invia giornalmente alla piattaforma PRISMA il
Limite di Conferimento per ogni Utente.
𝟏 𝑴𝒂𝒙 𝑪𝒐𝒓𝒓𝒊𝒔𝒑𝒆𝒕𝒕𝒊𝒗𝒐 𝑹𝑹 𝒆 𝑹𝑵
𝑳𝒊𝒎𝒊𝒕𝒆 𝒅𝒊 𝑪𝒐𝒏𝒇𝒆𝒓𝒊𝒎𝒆𝒏𝒕𝒐 = 𝟏, 𝟐 × 𝑮𝒂𝒓𝒂𝒏𝒛𝒊𝒂 𝑩𝒂𝒏𝒄𝒂𝒓𝒊𝒂 −
𝟑
𝟑
Non sarà possibile per l’Utente effettuare offerte per il conferimento che
eccedono il suo Limite di Conferimento.
Il Limite di Conferimento non si applica in caso di possesso di Rating Creditizio.
20
Requisiti per il conferimento di capacità (3/3)
Regola di allocazione
La regola di allocazione presso il Punto deve essere registrata in Entry Allocation entro le 10:00 del
giorno G-1
21
Tempistiche Aste di capacità giornaliera day-ahead
Sono previste due sessioni di asta di capacità giornaliera:
• 1a sessione: capacità continua
• 2a sessione (eventuale): capacità interrompibile
Snam Rete Gas pubblica i prodotti di capacità di trasporto oggetto di conferimento dayahead in tempo utile per le richieste degli Utenti:
• Sul sito di SRG
• Tramite la piattaforma PRISMA (capacità convertite in KWh/h)
22
L’offerta di capacità day-ahead
1° Asta - Offerta Snam Rete Gas
Capacità Giornaliera
Continua
2° Asta - Offerta Snam Rete Gas
Capacità Giornaliera
Interrompibile
(Solo in caso di completa assegnazione
capacità continua)
continua
bundled
Interromp.
bundled
continua
unbundled
Interromp.
unbundled
23
La richiesta di capacità day-ahead
Richiesta
• Impegnativa
• Max 10 offerte per asta
1. capacità oggetto dell’offerta di acquisto
2. capacità minima accettabile
3. corrispettivo unitario offerto (addizionale al Prezzo di Riserva)
•
Σ Offerte entro il Limite di Conferimento
L’Utente può:
• registrare fino a 10 richieste di acquisto per ogni prodotto offerto in
asta (capacità-prezzo);
• presentare, modificare o ritirare le richieste durante ciascuna
sessione d’asta;
• indicare un quantitativo minimo di capacità da allocare in caso non
sia allocata tutta la capacità richiesta.
24
Criteri di assegnazione
Algoritmo Uniforme Price :
•
•
•
•
ordinamento delle offerte secondo i relativi prezzi decrescenti;
soddisfacimento delle richieste fino alla concorrenza della capacità offerta;
definizione del clearing price pari al prezzo dell’ultima offerta accettata;
applicazione del criterio pro-quota in caso di parità di prezzo di offerta e richieste
superiori alla capacità offerta.
Il corrispettivo applicato all’Utente sarà pari a:
• somma del clearing price (premio d’asta) e del prezzo di riserva;
• prezzo di riserva, in caso di richiesta totale uguale o inferiore alla capacità offerta.
25
L’eventuale interruzione della capacità
• La rinomina delle 19:00 è aperta a tutti gli Utenti anche non partecipanti alle aste.
• L’utente può rinominare la capacità conferita, non nominata nel primo ciclo di
nomina, che risulta assegnata su base interrompibile nella seconda sessione d’asta
day-ahead.
• La capacità interrompibile assegnata è ridotta pro-quota agli utenti aggiudicatari
sulla base della rinomina, in caso di superamento della capacità complessivamente
disponibile.
• Il corrispettivo applicato tiene conto della riduzione di capacità.
26
Esiti conferimento sul Portale Capacità (1/2)
Attraverso apposita reportistica dedicata disponibile sul Portale Capacità
ciascun Utente potrà visualizzare:
•
•
•
•
•
•
•
•
l’esito di tutte le aste di sua competenza;
le offerte di vendita di Snam Rete Gas;
le richieste di acquisto di sua competenza;
i quantitativi di capacità aggiudicati in esito all’asta;
il prezzo di assegnazione;
la tipologia di capacità;
il periodo di conferimento;
l’eventuale quota di capacità interrotta a valle del processo di rinomina.
27
Esiti conferimento sul Portale Capacità (2/2)
Auctions Report
SNAM RETE GAS S.p.A. Cod.: 0020003054
Help On Line
+
+
+
+
+
+
Offer ID
Utente: Daniele Capizzi
Deal ID
Auction ID
Entry - Entry Point interconnected with foreign pipeline
Tarvisio - 35718301
Direction
Point
MENU'
Home
+ Processi di Conferimento e transazioni
+ Reportistica
+ Gestione Anagrafica
+ Altre funzionalità
+ Accesso Regime Bilanciamento
+ Aste di Capacità
- Report Storico Assegnazioni Aste
LINK UTILI
WWW.SNAMRETEGAS.IT
Shipper
Valid From - Valid To (Timeframe)
Offer Status
Request Status
01/06/2012
Not Assigned
Not assigned
01/06/2012
+
Execute
Snam Rete Gas S.p.A. 2009 - Partita IVA IT: n. 10238291008
28
Aspetti commerciali e applicativi SRG
http://www.snamretegas.it/it/servizi/Annotermico_2012_2013/Conferimento_Transizione_A_T_A_T_avviato/conf
erimenti_capacita_giornaliera_day_ahead.html
Grazie per l’attenzione
Shipper Training Session
San Donato Milanese,
5 & 6 March
Agenda
1
Welcome
2
Basic Principles of PRISMA
3
Role Definitions
4
Registration
5
Capacity Products
6
Booking Process
6.1
Uniform Auction Process (Day-Ahead)
6.2
Bundled Products Booking Process
Shipper Training Session
05&06.03.2013
|
Chart 31
Welcome
The new platform
PRISMA stands for an integrated European PRImary and Secondary MArket
Shipper Training Session
05&06.03.2013
|
Chart 32
Agenda
1
Welcome
2
Basic Principles of PRISMA
3
Role Definitions
4
Registration
5
Capacity Products
6
Booking Process
6.1
Uniform Auction Process (Day-Ahead)
6.2
Bundled Products Booking Process
Shipper Training Session
05&06.03.2013
|
Chart 33
Basic principles of PRISMA
PRISMA shareholders
Following TSOs are shareholders of PRISMA:
 Austria:
BOG, Gas Connect Austria, TAG
 Belgium:
Fluxys Belgium
 Denmark:
Energinet.dk
 France:
GRTgaz
 Germany:
Bayernets, Gastransport Nord, Fluxys Tenp, Gascade
Gastransport, Gasunie Deutschland Transport Services, GRTgaz
Deutschland, Nowega, ONTRAS, Open Grid Europe, terranets bw,
Thyssengas
 Italy:
Snam Rete Gas
 The Netherlands: Gasunie Transport Services
PRISMA is an open cooperation that allows all European TSOs to participate in the
cooperation
Shipper Training Session
05&06.03.2013
|
Chart 34
Basic principles of PRISMA
Background of the initiative
Foreseeably in 2015, the Network Code on Capacity Allocation Mechanisms
(developed by ENTSOG) will come into force for all European countries.
The goal of the platform is an early implementation of the Network Code on CAM


The new platform will serve for the booking of primary capacity products on all IPs of
adjacent Entry Exit Systems in accordance with CAM.

Primary market features for points out of the scope of CAM can be envisaged.

In addition the platform will be able to handle regional regulatory specifics of
different countries (e.g. FCFS).
The partners are also working on the secondary market functionalities to be offered on
the new platform.
April 2013, GO-live of initial platform, releases with new features foreseen in the
future

Not all of the products will be available right away

Until NC CAM comes into force the platform will also handle regional regulatory specifics
of different countries
Shipper Training Session
05&06.03.2013
|
Chart 35
Basic principles of PRISMA
Timeline PRISMA primary
PRISMA creation,
New websites &
Additional registration
information on the
platform
Registration
start for
European TSOs
Jan
Feb
Launch of the
European Capacity
Platform PRISMA
& auction start
First Yearly
Auction on
PRSIMA primary*
Start of rolling
Month-Ahead and
Day-Ahead
auctions*
April
First Quarterly
Auction on
PRISMA primary*
May
June
2013
* Restrictions of TSOs can be seen in separate Interconnection Point Overview that will be available in the download
section of the platform
** Start of within-day auctions scheduled for 2014 but not fixed yet
Start of WithinDay Auctions**
2014
2015
Shipper Training Session
05&06.03.2013
|
Chart 36
Basic principles of PRISMA
Application of ENTSOG Capacity Allocation Mechanisms (CAM)
CAM applies to all interconnection points between adjacent Entry/Exit Systems (EE IPs)
Standard Products regarding auction calendar:

Annual Yearly (first auction envisaged: May 2013 (extraordinary with some TSOs),
March 2014 (ordinary)

Annual Quarterly (first auction envisaged: June 2013)

Rolling Month-Ahead (first auction envisaged: April 2013)

Rolling Day-ahead (first auction envisaged: April 2013)

Within-Day (foreseen first auction earliest 2014/2015)
Domestic Points can be marketed on the platform on FCFS Basis, if needed

FCFS process part of the platform
Firm and Interruptible Products will be auctioned at EE IPs

Interim period until CAM becomes effective due to national legislation possible
Shipper Training Session
05&06.03.2013
|
Chart 37
Basic principles of PRISMA
Marketing structure
Shipper A
Booking
TSO 1
Auction
TSO 3
Shipper B
Registration
TSO 1, TSO 4
Auction
TSO 1
Booking
TSO 4
Capacity Platform
TSO 1
TSO 2
…
TSO N
The platform offers two different market models (auctions and first-come-first-served
bookings). Additionally, standardized registration, network and contract information
services are available.
Shipper Training Session
05&06.03.2013
|
Chart 38
Basic principles of PRISMA
Overview of the functionalities of PRISMA primary
PRISMA Platform
Auctions
FCFS Bookings
Shipper
registration
Overview
of interconnection
points
Display of
contract
positions
Booking
request to
TSO
Display of
free
capacities
Booking
Overview
of auctions
Capacity Bundling,
Upgrade,
Surrender
Execution
of auctions
Processing
of auction
results
Shipper Training Session
05&06.03.2013
|
Chart 39
Agenda
1
Welcome
2
Basic Principles of PRISMA
3
Role Definitions
4
Registration
5
Capacity Products
6
Booking Process
6.1
Uniform Auction Process (Day-Ahead)
6.2
Bundled Products Booking Process
Shipper Training Session
05&06.03.2013
|
Chart 40
Role Definitions
Platform Roles
Platform
Operator
TSO
Platform
Admin
Shipper
TSO
Admin
TSO
User
Everyone
User
Guest
(unregistered)
Guest (unregistered)
 Everyone – No registration and login is required. Guests can look at all the published data as well as at
all publicly available information.
Shipper User
 Shipper role with the right to trade capacities with the TSOs. A shipper can have multiple users.
TSO User
 Role for performing non-configurative tasks for the TSOs like activating/deactivating transport
customers.
TSO Admin
 Admin role for the configuration of TSO specific values and the management of documents.
Platform Admin
 Super user of the platform used for support and operations. This user can not trade.
Shipper Training Session
05&06.03.2013
|
Chart 41
Shipper
user
Rights
Guest
Role Definitions
Role rights matrix
x
x
x
x
x
x
x
x
x
x
Public area
Viewing public area/ pages
Viewing master data of interconnection points
Viewing booking relevant data
Viewing auction data
Starting a FCFS booking request
Bookings and Auctions
Booking via FCFS
Submitting/ editing bids in auctions
Saving auctions within the dashboard
Returning capacity
Viewing contract positions
Administration of user accounts and assignments
Editing (own) shipper data
Removing (own) shipper user-TSO-assignment
Editing(own) user data
Deactivating (own) account
x
x
x
x
x
x
x
x
x
Shipper Training Session
05&06.03.2013
|
Chart 42
Agenda
1
Welcome
2
Basic Principles of PRISMA
3
Role Definitions
4
Registration
5
Capacity Products
6
Booking Process
6.1
Uniform Auction Process (Day-Ahead)
6.2
Bundled Products Booking Process
Shipper Training Session
05&06.03.2013
|
Chart 43
Registration
The Registration Process
 A single user of a shipper can only acquire transport capacities on the
platform and on behalf of their company once they have been activated by
the respective TSO.
 Users of a shipper who would like to join the platform have to pass the
registration process.
 If a shipper company is not yet registered, the registration of the shipper
takes place with the registration of its first user. A separate registration of
the shipper company is not possible.
 If no longer needed, the shippers as well as their users can be deactivated
 In order to register to the platform shippers need an EIC Code
After a registration the user receives a personal account and token.
The account must not be shared with other company members and the
token is not transferrable to other users!
Shipper Training Session
05&06.03.2013
|
Chart 44
Registration
Registration facts for the new platform
Does a shipper already registered to TRAC-X primary have to re-register
to PRISMA primary?

Customers successfully registered to the former TRAC-X primary do not have to re-register to
PRISMA primary

But: shippers need to submit additional information to allow the platform to comply with
European standards for shipper identification




EIC Code (substitutes DVGW-Code as primary key)
VAT Number
IBAN
BIC

After logging in with the usual authentication method (user name, token-code) the platform will
ask for the additional information.

An EIC Code can be obtained at the Central Office or one of the national offices. For a full list,
see http://www.eiccodes.eu
Please note that you will need to enter this information until 15th March 2013, otherwise you
will not be able to book capacities on PRISMA primary from 1 April 2013.
Shipper Training Session
05&06.03.2013
|
Chart 45
Registration
Process model
Shipper
Registration
request
(online)
Entering
Identification
Code
Manual
Evaluation
of EIC/other
codes
PRISMA
primary
Does the
company
already
exist on
PRISMA?
TSO
* When requested by TSO
Entering
extended
master data
(for a new
company)
no
Adding
master data
(user-based)
Accepting
PRISMA
primary
GTCs
Selecting
TSOs
Forwarding
customer
master data to
TSO*
Accepting
GTCs of TSO
(link to TSO
homepage)
Filling out
and sending
TSO specific
documents
Providing
TSO specific
documents
(mandate/
credit
rating)*
Activating
shipper user
for TSO on
PRISMA
primary
Adding
shipper
data in
system
Checking
mandate /
credit
rating
Activation
Shipper Training Session
05&06.03.2013
|
Chart 46
Registration
User interface


In case a shipper is not yet registered on PRISMA primary, the registration of the
shipper takes place with the registration of the first shipper user.
A separate registration of the shipper company is not possible.
1
Enter EIC Code
2
Information to apply for
an EIC Code
Shipper Training Session
05&06.03.2013
|
Chart 47
Registration
User interface
 Step 1: Check and complete the company data
1
Enter company data
Shipper Training Session
05&06.03.2013
|
Chart 48
Registration
User interface

Step 2: Check and completion of the contact persons
1
Add more contacts for the
shipper company (e.g.
Dispatching, Billing). It is
mandatory to add at least
one contact per category.
Enter the details
of further contact
persons
2
3
Shipper Training Session
05&06.03.2013
|
Chart 49
Registration
User interface

Step 3: Enter the user details
1
Enter user
details
2
Shipper Training Session
05&06.03.2013
|
Chart 50
Registration
User interface

Step 4: Select one or more TSOs
Alternative 1:
Select all
TSOs
Alternative 2:
Select individual
TSOs
For a successful
registration the GTCs
of the selected TSOs
need to be accepted
SNAM Rete Gas
S.p.A.
Shipper Training Session
05&06.03.2013
|
Chart 51
Registration
User interface

Step 5: Check your entered data and enter national identifiers
1
Checking the entered
information
Snam Rete Gas
Enter national identifier
codes, e.g. DVGW code
(depends on the TSOs
you selected).
Shipper Training Session
05&06.03.2013
|
Chart 52
2
Registration
User interface


After the registration you will receive a registration confirmation by PRISMA
You will be informed about more required documents for the TSOs
Shipper Training Session
05&06.03.2013
|
Chart 53
Registration
Finalise registration & following steps
1
The shipper user sends all required documents to the
TSO (set by each TSO: e.g. mandate/ solvency check).
Filling out
and sending
TSO specific
documents 1
…
3
2
The TSO checks the documents and activates
the shipper user.
3
With activation by the first TSO the shipper will
be sent a token (electronic PIN generator) with
which the user can log onto PRISMA primary.
2
The shipper user is now able to trade on the
primary capacity platform.
Checking
mandate /
credit rating
Activating
shipper user
for TSO on
PRISMA
primary
Activation
Shipper Training Session
05&06.03.2013
|
Chart 54
Agenda
1
Welcome
2
Basic Principles of PRISMA
3
Role Definitions
4
Registration
5
Capacity Products
6
Auction Booking Process
6.1
Uniform Auction Process (Day-Ahead))
6.2
Bundled Products Booking Process
Shipper Training Session
05&06.03.2013
|
Chart 55
Capacity Products
General





There are yearly, quarterly, month-ahead and day-ahead products.
Where possible capacity will be bundled.
Firm and interruptible capacity will be auctioned
Interruptible capacity can be converted to firm capacity
Return/surrender of firm capacity is possible*
Shipper Training Session
* At the moment not relevant in the Italian market
05&06.03.2013
|
Chart 56
Capacity Products
General








All products are auctioned at predefined (different) points in time that can be found in
the auction calendar.
The publication of the specific products which will be auctioned takes place in due time
before the auction starts (1 month for annual products, 1 week for quarterly and
monthly products, no advance publication for day-ahead products).
There are two different algorithms for actions: the ascending clock auction algorithm for
yearly, quarterly, and month-ahead products and the uniform-price algorithm for dayahead products.
The ascending clock auction takes place in at least one bidding round (is the demand
in the first bidding round higher than the capacity offered more bidding rounds will be
used).
The duration of an ascending clock bidding round is one hour (exception: duration of
the first bidding round is three hours)
The number of bidding rounds in an ascending clock auction that are needed until an
allocation is possible depends on the course of the auction.
Day-ahead capacity is auctioned in a single bidding round via the uniform price
algorithm
Interruptible capacity auctions are optional until NC CAM comes into force and are until
then subject to national variations
Shipper Training Session
05&06.03.2013
|
Chart 57
Capacity Products
Auction types
Monthly, Quarterly and Yearly products are auctioned by using an ascendingclock auctioning process

Auctioning takes place in (multiple) bidding rounds.

In each bidding round a bid for a certain quantity of capacity at a given price is
submitted.

The price steps are determined by the platform.
Day-Ahead products are auctioned in a process using the uniform-price
algorithm

There is only one bidding round.

A shipper can submit up to 10 bids per auction.

The platform evaluates all bids in a descending-order according to their price.

The lowest price of all awarded bids is considered the clearing price.
Shipper Training Session
05&06.03.2013
|
Chart 58
Capacity Products
Auction Times Overview
Product
Frequency of
auctions
Number of
products per
auction
Start of the
auction
Bidding round
Publication
amount of
capacity
Publication of
allocation
results to
individuals
Auction
algorithm
Auction Calendar for firm capacity products
Year
Y1 to Y15
1st Monday
of March
Q1 to Q4
1st Monday
of June
annual
Quarter
Month
monthly
M1
3rd Monday
Day
daily
D1
16:30
First round 3h:
09:00-12:00
Then 1h:
13:00-14:00
15:00-16:00
17:00-18:00
16:30-17:00 *
1 month before
the auction
starts*
1 week before
the auction
starts *
no later than
next business
day *
no later than
30 minutes *
16:30
Ascending Clock
auction
Uniform Price
auction
Auction Calendar for interruptible capacity products
Y,Q,M
see above
see above
The day after
closure of
respective firm
product 09:00.
Day
daily
D1
17:30
see above
The day after
closure of
respective firm
product (7:00)
no later than
next business
day *
Ascending Clock
auction
17:30-18:00
At the time
the auction
starts
no later than
30 minutes *
Uniform Price
auction
*09:00
Time zone for all times: CE(S)T – Central European (Summer) Time
*after closing of
the bidding round
Shipper Training Session
05&06.03.2013
|
Chart 59
Capacity Products
Auction Calendar for Day-Ahead Products
Marketing of dayahead D+1 (e.g.
Tue for Wed)
Feb
Mar
constantly
Apr
May
t
D for D+1
Parameter
Calendar entry
Valid for:
Publication
FIRM: On the day of the auction until 16:30
CE(S)T
D+1
Start of auction
First auction
INTERRUPTIBLE: On the day of the auction until
17:30 CE(S)T
FIRM: Recurring daily 16:30 CE(S)T
INTERRUPTIBLE: If offered, daily 17:30 CE(S)T
01 April 2013
D+1
02 April 2013
Shipper Training Session
05&06.03.2013
|
Chart 60
Capacity Products
Bidding rounds
Yearly, quarterly and monthly products
 Day 1:
09:00 – 12:00
12:00 – 13:00
13:00 – 14:00
14:00 – 15:00
[…]
17:00 – 18:00
Day-Ahead products

1st bidding round
processing & publishing
2nd bidding round
processing & publishing
4th bidding round
 As of day 2:
09:00 – 10:00 5th bidding round
10:00 – 11.00 processing & publishing
[…]
17:00 – 18:00 x bidding round






Single-step approach (uniform price
auction algorithm)
Start 16:30
Bid-list allowing max. 10 additive
bids
„Fill-or-kill“ option subject to
minimum amount condition
Pro-rata allocation in case of
equally-ranked bids
Price increment € 0,00001
Same price for all successful
bidders
Shipper Training Session
05&06.03.2013
|
Chart 61
Capacity Products
Auction calendar


The auction calendar can be found in the customer centre
The auction calendar gives an overview of the auction starts and the auction
publication dates as well as the transport duration of the products
The overview of the
different dates can be
filtered by products
Shipper Training Session
05&06.03.2013
|
Chart 62
Agenda
1
Welcome
2
Basic Principles of PRISMA
3
Role Definitions
4
Registration
5
Capacity Products
6
Booking Process
6.1
Uniform Auction Process (Day-Ahead)
6.2
Bundled Products Booking Process
Shipper Training Session
05&06.03.2013
|
Chart 63
Booking Process
Options for booking capacity
Two possibilities to book capacities on PRISMA primary:
 At Interconnection Points (Market area interconnection points and Cross-Border
points) firm capacity is marketed via auctions.
 Interruptible capacity will, until NC CAM comes into force, only be offered by
some TSOs via auctions.
 The German TSOs still offer to book capacities according to the “first-come-firstserved“ principle (FCFS) at points to end consumers, production and storage
facilities (Grid Access Points). Furthermore, you can book interruptible capacities
according to the FCFS principle at German Interconnection Points.
Different possibilities to start one of the booking processes:
 Auction overview : From a list of all available auctions you can directly access
the screen for submitting a bid for a certain auction (booking process I)

Master data browser for interconnection points: see next slide
Shipper Training Session
05&06.03.2013
|
Chart 64
Booking Process
Master data browser for interconnection points

The master data browser can be found in the section „Network Information“
Search for network
points according to
certain criteria
Displays the different
possible actions that
are available at a
specific network point
Shipper Training Session
05&06.03.2013
|
Chart 65
Booking Process
Master data browser for interconnection points


When you select an interconnection point all details of this point are displayed.
In case of a bundled interconnection point a link will guide you to the two involved
unbundled interconnection points.
Snam Rete Gas
Tarvisio
Italy
Entry
Snam Rete Gas
0
Shipper Training Session
05&06.03.2013
|
Chart 50
66
Agenda
1
Welcome
2
Basic Principles of PRISMA
3
Role Definitions
4
Registration
5
Capacity Products
6
Booking Process
6.1
Uniform Auction Process (Day-Ahead)
6.2
Bundled Products Booking Process
Shipper Training Session
05&06.03.2013
|
Chart 67
Shipper
Uniform Auction Process (Day-Ahead)
Process map
Platform
TSO
Receive
confirmation
Submit a bid
Start auction
Evaluate
available
capacity
Design
standard
products
Evaluate
bidding
round
Send result
to TSO and
Shipper
Publish
result
Book capacity
and setup
contract
Transfer to
platform
Shipper Training Session
05&06.03.2013
|
Chart 68
Uniform Auction Process (Day-Ahead)
Day-Ahead bidding process
Placing bids
surcharge
Bidder A
A1
A2
Available
capacity
surcharge
Price
component of
a bid
Bidder B
Available
capacity
B1
B2
B3
amount
amount
Volume
component of
a bid
Shipper Training Session
05&06.03.2013
|
Chart 69
Uniform Auction Process (Day-Ahead)
Day-Ahead bidding process
Placing bids
surcharge
Bidder A
A1
A2
Available
capacity
surcharge
Bidder B
Minimum
amounts
Price
component of
a bid
Available
capacity
B1
B2
B3
amount
amount
Volume
component of
a bid
Shipper Training Session
05&06.03.2013
|
Chart 70
Uniform Auction Process (Day-Ahead)
Day-Ahead bidding process
Placing bids
surcharge
Bidder A
Available
capacity
surcharge
Bidder B
A1
Available
capacity
B1
A2
B2
B3
amount
amount
Ranking according to price components
surcharge
Available
capacity
A1
B1
A2
B2
B3
amount
Shipper Training Session
05&06.03.2013
|
Chart 71
Uniform Auction Process (Day-Ahead)
Day-Ahead bidding process
Determination of the Clearing Price
Example 1: Fill-or-kill: „fill“
surcharge
Available
capacity
A1
B1
A2
B2
B3
Shipper Training Session
05&06.03.2013
|
Chart 72
Uniform Auction Process (Day-Ahead)
Day-Ahead bidding process
Determination of the Clearing Price
Example 1: Fill-or-kill: „fill“
surcharge
surcharge
Available
capacity
A1
Available
capacity
A1
B1
A2
B1
A2
B2
B2
B3
X
B3
amount


amount
B2 = equilibrium bid
Minimum amount < rest  B2 filled
 B3: price component < clearing price
 No consideration of B3
Shipper Training Session
05&06.03.2013
|
Chart 73
Uniform Auction Process (Day-Ahead)
Day-Ahead bidding process
Determination of the Clearing Price
Example 1: Fill-or-kill: „fill“
surcharge
surcharge
Available
capacity
A1
Available
capacity
A1
B1
A2
B1
A2
B2
B2
B3
X
B3
amount


Clearing price = price component of B2
amount
B2 = equilibrium bid
Minimum amount < rest  B2 filled
 B3: price component < clearing price
 No consideration of B3
Shipper Training Session
05&06.03.2013
|
Chart 74
Uniform Auction Process (Day-Ahead)
Day-Ahead bidding process
Determination of the Clearing Price
Example 2: Fill-or-kill: „kill“
surcharge
Available
capacity
A1
B1
A2
B2
B3
amount
Shipper Training Session
05&06.03.2013
|
Chart 75
Uniform Auction Process (Day-Ahead)
Day-Ahead bidding process
Determination of the Clearing Price
Example 2: Fill-or-kill: „kill“
surcharge
surcharge
Available
capacity
A1
Available
capacity
A1
B1
A2
B1
A2
B2
B3
X
B2
B3
amount
amount
 B3 = equilibrium bid
 Full allocation
 B2: Minimum amount > rest
 B2 killed
Shipper Training Session
05&06.03.2013
|
Chart 76
Uniform Auction Process (Day-Ahead)
Day-Ahead bidding process
Determination of the Clearing Price
Example 2: Fill-or-kill: „kill“
surcharge
surcharge
Available
capacity
A1
Available
capacity
A1
B1
A2
B1
A2
B2
B3
X
B2
B3
amount
amount
 B3 = equilibrium bid
 Full allocation
Clearing price = price component of B3
 B2: Minimum amount > rest
 B2 killed
Shipper Training Session
05&06.03.2013
|
Chart 77
Uniform Auction Process (Day-Ahead)
Day-Ahead bidding process
Determination of the Clearing Price
Example 3: Pro-rata allocation between equally ranked bids
surcharge
Available
capacity
A1
B1
A2
B2
A3
amount
Shipper Training Session
05&06.03.2013
|
Chart 78
Uniform Auction Process (Day-Ahead)
Day-Ahead bidding process
Determination of the Clearing Price
Example 3: Pro-rata allocation between equally ranked bids
surcharge
surcharge
Available
capacity
A1
Available
capacity
A1
B1
A2
B1
A2
B2
B2 A3
A3
amount

amount
Pro-rata allocation between B2 and A3 as
long as minimum amount condition is
fulfilled for both bids
Shipper Training Session
05&06.03.2013
|
Chart 79
Uniform Auction Process (Day-Ahead)
Day-Ahead bidding process
Determination of the Clearing Price
Example 3: Pro-rata allocation between equally ranked bids
surcharge
surcharge
Available
capacity
A1
Available
capacity
A1
B1
A2
B1
A2
B2
B2 A3
A3
amount

amount
Pro-rata allocation between B2 and A3 as
long as minimum amount condition is
fulfilled for both bids
Clearing price = price component of B2 or A3
respectively
Shipper Training Session
05&06.03.2013
|
Chart 80
Uniform Auction Process (Day-Ahead)
Day-Ahead bidding process
Determining the Clearing Price
Clearing price in case of no intersection between demand curve and available
capacity

In general, the market clearing price equals the price component of the lowest
successful bid

In case no intersection between demand curve and supply curve (available capacity)
exists, the starting price of the respective auction (e.g. regulated tariff) will be
considered as the clearing price
tariff / surcharge
Available
capacity
A1
B1
Clearing price = starting price
amount
Shipper Training Session
05&06.03.2013
|
Chart 81
Uniform Auction Process (Day-Ahead)
Details of a Day-Ahead auction


For day-ahead auctions a simplified auctioning method is used.
This means that there is only one bidding round in which you enter the desired
capacity that you are prepared to buy up to a certain price. It is possible to place up to
10 bids per shipper for a day-ahead auction.
Enter your bid
Enter your
maximum capacity
amount
Enter your
minimum capacity
amount
Shipper Training Session
05&06.03.2013
|
Chart 82
Uniform Auction Process (Day-Ahead)
Comfort Function for Day-Ahead auctions


By using the so-called day-ahead comfort function you have the possibility to submit
bids for day-ahead auctions in advance.
The comfort function can be started from the auction details screen or from “Comfort
bids” in the “My PRISMA primary” section
Creating a
new
comfort bid
in advance
Shipper Training Session
05&06.03.2013
|
Chart 83
Uniform Auction Process (Day-Ahead)
Comfort Function for Day-Ahead auctions

When using the comfort function for day-ahead auctions you have to select a time
period during which you want to automatically use your defined bid for certain dayahead products.
Entering a time period in
which a bid is placed
automatically for a dayahead product
Shipper Training Session
05&06.03.2013
|
Chart 84
Agenda
1
Welcome
2
Basic Principles of PRISMA
3
Role Definitions
4
Registration
5
Capacity Products
6
Booking Process
6.1
Uniform Auction Process (Day-Ahead)
6.2
Booking Process for Bundled Products
Shipper Training Session
05&06.03.2013
|
Chart 85
Shipper
Booking Process for Bundled Products
Bundled capacity process
PRISMA
Receive auction
result
Start auction
[]
Receive
contract from
TSO 2
Send result to
shipper and
TSO
TSO 1
Assign products
to auction
rounds
* Bilateral
coordination
between TSOs
Upload raw
data or
standard
product
Book
capacity
Setup
contract
TSO 2
Create & match
bundled and
unbundled
products
Receive
contract from
TSO 1
* Bilateral
coordination
between TSOs
Upload raw
data or
standard
product
Book
capacity
Setup
contract
Shipper Training Session
05&06.03.2013
|
Chart 86
Booking Process for Bundled Products
Bundled capacity: tariffing

The payable price after auction consists of:
Regulated capacity tariff TSO 1
+
Additional fees TSO1
+
Regulated capacity tariff TSO2
+
Additional fees TSO2
=
Starting price
+
Auction premium
division factor between TSO1 & TSO2
(Surcharge through price steps)
(default 50% / 50%)
=
information from TSOs
Payable price for shipper
Shipper Training Session
05&06.03.2013
|
Chart 87
Booking Process for Bundled Products
Auction Details



The bundling of capacities takes place at all possible interconnection points
In case of a bundled auction you will be informed about it in various places
The way a bundled product is displayed is different that of an unbundled product
2 interconnection
points, market areas,
TSOs, capacity types,
prices etc. are shown
Shipper Training Session
05&06.03.2013
|
Chart 88
Booking Process for Bundled Products
Submitting a bid

When submitting a bid for a bundled product you have to accept the GTCs for each
TSO and enter (optionally) a balancing group / portfolio code for each TSO.
Enter a balancing group
for TSO 1 (depending
on the TSO optional or
mandatory)
Enter a balancing group
for TSO 2 (depending
on the TSO optional or
mandatory)
Accept the GTCs of
TSO1 & TSO 2
Shipper Training Session
05&06.03.2013
|
Chart 89
Contact
Contact information
Information before registering on the platform
PRISMA Hotline
 Tel.: +49 341 699 2990 66
 [email protected]
For technical issues after registration
User Help Desk
 Tel.: +49 341 699 2990 69
 [email protected]
For TSO related issues
 Please call your individual TSO contact
Shipper Training Session
05&06.03.2013
|
Chart 90