I-SEM Project Managers Group (PMG) 23 May 2018 Key Notes, Actions & Decisions

Transcription

1 I-SEM Project Managers Group (PMG) 23 May 2018 Key Notes, Actions & Decisions Meeting Details Meeting Purpose Location Chair Secretariat I-SEM Project Managers Group (PMG) EirGrid, Dublin - Conference Call Simon Grimes Lenka Peskova; William Clancy Date 23 May 2018 Key Notes 1 & Decisions Previous Meeting Notes & Actions #351 Dates for publication of updated documentation to align with new go-live date It was agreed to close this action, with the RAs confirming that the updated I-SEM Readiness Criteria, Governance & Contingency document was targeted to be published in early June. #356 Rationale for Not Disabling Wash-Trade functionality Rationale was provided at the 19 April BLG meeting, explaining that responsibility for the determination of legality rests with the participant. There was no objection to closing the action. In response to a participant asking that the RAs respond to a letter from the EAI on this topic, the RAs advised that they would follow up. Slide 13 Slipped Milestones Currently Red #52 FTR Auction Commences It was confirmed that the FTR Auction Calendar is being finalised by the ICOs, with an update expected at the next PMG meeting. A JCR would follow to amend the baseline date of Milestone #52, with a provisional estimate of 15 August for the inaugural FTR Auction. Slide 19 Change Requests Approved JCR_362 In approving JCR_362, the SEM Committee had explicitly acknowledged the risk presented to the 1 October go-live date by the coincident go-live of the German-Austrian Bidding Zone Border, and had sought that this risk be successfully mitigated. The efforts to better understand the specific risks and mitigate are ongoing, with more positive indications now being voiced from some of the key stakeholders that the risk could be sufficiently mitigated to win MCR Approval. Until such time, discussion with the PCR and MRC is ongoing and the risk remains. 1 In addition to the core materials presented at the meeting: 23 May PMG Slide pack. 1 P a g e

2 Slide 25 Top Risks Participant Access to Clearing Bank The meeting agreed to close this risk, as it was no longer relevant. Slide 26 Top Risks ABB s nmarket is not available to meet Project Timelines Participants advised that this risk is currently trending neutral. Slide 27 Top Risks Participant Readiness Participants advised the trend was neutral, but stressed their dependency on the updated milestone dates being achieved. Slides (a) Go-Live Stage Gate Update The RAs provided an update on the revised Go-Live decision making timeline and associated stage gates proposed for I-SEM to reflect the 1 October 2018 Go-Live Date, noting that they remained draft until approval is given by the I-SEM Steering Group. Participants were advised that the Market Readiness Assessment (MRA) Report for 10 August would form a key input into informing the I-SEM Steering Group s Intention to Go-Live recommendation, which would be taken at its meeting on 15 August and fed-into the SEMC s 22 August go-live decision (Milestone #86). It was suggested that a PMG meeting be held on 14 August, prior to the Intention to Go-Live recommendation being made, to consider and provide the most up to date collective view of readiness. Slide (b) Registration The presented an update on the registration dates, confirming that the first available effective date for new units to be registered in the I-SEM Balancing Market post Go-Live would be 16 October With regard to opening Cash Collateral Accounts, the process is being finalised with the SEM Bank and the team will notify Participants when available for deposit of credit cover. Similarly, the process for entering bank details for I-SEM is still to be agreed; further updates will be provided at future PMGs. Slides (c) Credit Cover An overview of the credit cover needed for the Ex-Ante and Balancing markets was given by the. Key dates will be published in the forthcoming release of v3.0 of the I-SEM Participant Cutover Guide, with indicative margin calculation and explanatory notes to be issued by 22 June for the Ex-Ante markets. Participants were presented on the two collateral options available under the TSC. The noted that credit cover will be required for the current SEM until all invoices have been paid. Responding to a question, the confirmed I-SEM initial credit cover will include fixed credit cover. Slide 52 (d) Technical Documentation The advised that a final minor update is to be made to the I-SEM Technical Specification and I-SEM Data Publication Guide, based on requests from participants vendors. This update represents a clean-up of the documentation with minor changes and there will be a final close out with third party vendors. Responding to a participant question, the advised that a Report Catalogue would be published next week and this would cover reports will incidents raised against them. The further advised that if participants found reports had no data or missing fields to raise an incident. Slides (e) System Defects The confirmed that all priority defects had been fixed and deployed to Market Trial. Milestone #175 (Baseline Date of 1 June 2018) was consequently complete, as of that morning (23 May 2018). The focus now would be on investigating and addressing, as determined necessary, Incidents in Market Trial. 2 P a g e

3 These are being tracked, triaged and managed on an ongoing basis; some of these may require vendor fixes (i.e. new defects), but others may not as in the case of data/mapping/system configuration type issues. For example, a database lock incidents currently being experienced is impacting calculations and causing downstream issues, but it is not a software issue that requires a defect fix and associated code patch. In answering a participant s question, the advised that an Incident is a classified as such when an issue is logged but the root cause is not yet known. An Incident can become a defect, should the root cause identify an issue with the system code that requires a vendor fix. An Incident can also be as a result of a configuration issue, or something else other than a system issue requiring a code fix. Incidents are worked through every day, and the number that are open change daily. The advised that Incidents are highlighted and discussed on the daily 09:30 and 16:30 Market Trial calls. Responding to questions, the advised that the 168 Hour Operational Trial Scorecard would be the primary basis for tracking for the progress of the clean phase of unscripted trialling from the scheduled date of 5 June The further pointed out that the 5 June date does not represent a code freeze, as some Incidents may require software fixes to be patched in; as may certification testing of the Balancing Market engine. However, with all of the priority defects having now been fixed and deployed to Market Trial, no further scheduled releases are scheduled prior to Go-Live. Slides (f) Participants Participants were given an opportunity to discuss their own readiness. No issues were highlighted. The presented the updated schedule of Market Readiness Assessments (MRA) for June through to September, noting that the August MRA Report would be used as the primary input to inform the intention to go-live decision making stage gate and resulting recommendation to the SEMC. Slide 61 (g) Regional Coupling The provided a briefing on the MRC Approval process, advising that although testing had been satisfactorily completed based upon the original 23 May Go-Live Date, additional tests are now required to address concerns that the new Go-Live date of 1 October 2018 is coincident with that of the German Austrian Border project (DE-AT). Currently, specific risks are being discussed through a number of European fora, including discussions with EPEX. There will also be a meeting with the DE-AT project team to discuss joint risk mitigation. The next steps are to submit a formal impact assessment to the MRC Joint Steering Committee, which will meet on 12 June. In response to a question from a participant regarding the contingency plan in the event that MRC Approval is not forthcoming for a 1 October Go-Live, the advised that in that instance there would be a need to change to Go- Live date, with the expectation that no more than a 2 week adjustment in the planned date would be required. However, the current focus and expectation was that the risk of this happening could be successfully mitigated. Responding to questions, the confirmed that the Go-Live approval already received for EUPHEMIA holds for the new Go-Live date, and that our data is now included in the base case. Slide 64 Market Trial The advised that Ex-ante markets continued to run as planned, with Balancing Market & Settlements each expected to move from status red over the next week. Work to backfill settlement data is nearing completion. The confirmed the updated 168 Hour Operations Procedure had been published and is available here. Responding to a participant s question, the advised they would discuss with the relevant people if a report/review of Settlements could be delivered weekly; however, the did point out that if a participant had 3 P a g e

4 any questions, to please raise them at the twice daily Market Trial calls. Any Other Business BLG meeting schedule will be published shortly. It was agreed to hold a call for the PMG on 31 May to provide a status update on progress to commencing the clean phase of unscripted trialling. Next PMG face-to-face meeting will be 6 June. 4 P a g e

5 Appendix I: Actions Actions # Action Who Date Opened Target Date Status No new actions noted at this meeting 5 P a g e

6 Appendix II: Attendee List Name In Person Adele Woods Adelle Watson Brian McMullan Brian Mongan Bryan Hennessy Catherine Joyce-O'Caollai Cian Fitzgerald Cormac Daly Eugene McAuley James Long John Heffernan Kevin Roche Mark Withers Michelle Mulcahy Owen Kearns Paul McNamara Rochelle Broderick Nadia Leclercq Kevin Hagan Simon Grimes Ray Porter Severin Garanzuay Liam Ryan Peter Carruthers Michael Cleary Mark Needham Nigel Thomson Laura Plunkett Lenka Peskova William Clancy Lync/Conference Line Adam Diamond Chloe Kinsella Chris Doherty Cormac Daly David Bernie Eamonn Bell Glenn Hogg Hugh Mullany Laura Johnston Paul McGuckin Sinead O'Donoghue Thomas O'Sullivan Company Bord na Mona NIE Networks Go Power AES UK & Ireland Vayu Limited Indaver Ciaran Fitzgerald Consulting Tynagh Energy ESB ESB Networks BGE ltd Bord Gais Energy AES Brookfield Renewable AES Kilroot ESB Budget Energy Eirgrid RAs Go Power Cenergise Viridian Tynagh Energy ipower Endeco SSE PrePay Power NIE Networks Mutual Energy Brookfield Renewable Aughinish 6 P a g e