ČEPS: Nearly 200km of new or upgraded lines

24.04.2020

Mid spring is the time to report on the previous business year and the Czech transmission system operator (TSO) ČEPS is no exception in this respect. The TSCNET shareholder looks back on a very solid year with impressive figures: The total volume of electricity at transmission system output in 2019 amounted to 66,447GWh. The maximum transmission grid load of 11,895MW was registered on 24 January and the minimum load of 4,831MW on 4 August.

ČEPS’ successful financial year 2019 is reflected in a profit of about CZK4,04bn (€146.5m) before taxes, which is a significant increase compared to 2018 (CZK3.8bn). This profit is partly due to the export orientation of the Czech TSO in terms of international collaboration. Martin Durčák, Chairman of the Board of Directors of ČEPS, explains: “The Czech export balance amounted to -13,097GWh of electricity. Financial results from commercial activities, particularly from auctions for cross-border capacities and the ITC mechanism, contributed to the profit before tax by approximately a third.”

The good financial result allowed the TSO to invest substantially in the future viability of the Czech transmission system: In 2019, ČEPS invested a total of round CZK5,14bn (€186.4m) in the transmission infrastructure. Nearly 200km of 400kV lines were newly constructed or upgraded. The strong business performance of ČEPS, reflected in robust and predictable cash flow, transparency, and a strong financial profile, is widely recognised. In November 2019, the rating agency Moody’s raised ČEPS’s rating to Aa3 with a stable outlook.

ČEPS looks back on a successful business year 2019 (edited picture of ČEPS’ Sokolnice substation in the Brno-Country District by RomanM82, Creative Commons, Wikimedia)

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> See ČEPS press release (html)

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SIDC: Massive growth in trading volume

02.04.2020

European cross-border Single Intraday Coupling (SIDC) was introduced in June 2018 (then called XBID) to increase the overall efficiency of intraday trading through effective competition, increased liquidity, and more efficient use of generation resources. The overarching objective is the integration of the European energy market. In November 2019, SIDC was extended in a second go-live, so that currently the markets of 22 countries are coupled through SIDC: Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Latvia, Lithuania, Luxembourg, Norway, the Netherlands, Portugal, Spain, Sweden (first go-live), and Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania, and Slovenia (second go-live).

The Nominated Electricity Market Operators (NEMOs) from the seven countries of the second go-live report significant growth in trading volume in the coupled intraday market. The Hungarian NEMO HUPX, for example, recorded an average monthly trading volume of around 75,600MWh from December 2019 to February 2020 compared to 7,600MWh in the same period of the preceding year; in the Czech Republic, the volume has increased eightfold. The other NEMOs are also registering significant growth rates. A total of 36 million trades have been executed since SIDC first went live, and the system continues to operate reliably after the second wave.

The SIDC solution is based on a common IT system with a shared order book, a capacity management module and a shipping module. The TSOs cooperating in SIDC include the TSCNET shareholders 50Hertz, Amprion, APG, ČEPS, ELES, HOPS, MAVIR, PSE, TenneT, Transelectrica and TransnetBW, as well as the TSCNET customer Creos from Luxembourg and Energinet from Denmark. With the accession of the NEMO OKTE and further TSCNET shareholder SEPS, the TSO from Bratislava, the project has meanwhile been extended to Slovakia. A third go-live to expand continuous cross-border intraday trading to Greece and Italy is expected in the first quarter of 2021.

The seven new members of SIDC for a single integrated European intraday market are reporting enormous growth in trading volume

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> See Amprion press release (html)
> See PSE press release (html)

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Paper on MRC extension

26.03.2020

The so-called 4M Market Coupling Countries (4M MC) – the Czech Republic, Hungary, Romania and Slovakia – are to be connected to the Europe-wide Multi Regional Coupling (MRC) of the electricity market. This will introduce Single Day-Ahead Coupling across 23 European countries. The initiative to implement the MRC expansion is the DE-AT-PL-4M MC Project, also known as “Interim Coupling Project”. The relevant transmission system operators (TSOs) from Austria, Czechia, Germany, Hungary, Poland, Romania and Slovakia – the TSCNET shareholders 50Hertz, APG, ČEPS, MAVIR, PSE, SEPS, TenneT, and Transelectrica – are part of the project consortium.

The AT-PL-4M MC Project establishes implicit capacity allocation based on Net Transfer Capacity (NTC) at six borders (PL-DE, PL-CZ, PL-SK, CZ-DE, CZ-AT, HU-AT). The Nominated Electricity Market Operators (NEMOs) and TSOs participating in the DE-AT-PL-4M MC Project now have published an information paper for market participants containing key information on the project in a question and answer format. This information includes the main expected changes for the market, the planned communication methods with market participants and a high-level technical description of the market design to be implemented by the project.

The partners of the AT-PL-4M MC Project for integrating Czechia, Hungary, Romania and Slovakia into MRC have published an information paper

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> Open AT-PL-4M MC information paper provided by MAVIR (pdf, 732.98kB)

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TERRE platform launched

07.01.2020

The project “Trans European Replacement Reserves Exchange” (TERRE) is dedicated to implementing the exchange of replacement reserves (RRs) under the EU guideline on electricity balancing. The objective of TERRE is to establish the European RR balancing energy market via an RR platform and to create uniform conditions for market participants. TERRE has been confirmed by the European Network of Transmission System Operators for Electricity (ENTSO-E) as the European platform for the exchange of balancing energy from RRs and is closely monitored by national regulatory authorities and the Agency for the Cooperation of Energy Regulators (ACER).

TERRE involves eight European transmission system operators (TSOs). The three TSCNET shareholders ČEPS from the Czech Republic, PSE from Poland and Swissgrid from Switzerland are complemented by RTE (France), National Grid (United Kingdom), Terna (Italy), REN (Portugal) and Red Eléctrica de Espaňa (Spain). A further six TSOs with observer status include the TSCNET shareholders MAVIR from Hungary and Transelectrica from Romania.

The TERRE platform was launched on 6 January 2020. The platform ensures cost-effective balancing energy with service availability within 30 minutes in a European setting. ČEPS was the first TSO to connect to the platform, and is currently also the only one. Further members will follow. “The launch of TERRE represents the completion of several years of effort, from defining business rules to developing an IT solution to testing the system with market participants in Europe,” explains Zbyněk Boldiš, Member of ČEPS’ Board of Directors.

The TERRE platform for the balancing of replacement energy reserves has been successfully launched (picture showing Zbyněk Boldiš, Member of ČEPS’ Board of Directors)

Linkup
> See ČEPS press release (html)
> Visit ENTSO-E’s TERRE website (html)

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Single Intraday Coupling expanded

08.11.2019

Europe-wide intraday coupling is a key component for the completion of the European internal energy market. To help achieve this goal, the European cross-border Single Intraday Coupling (SIDC) solution was launched in June 2018 (then called XBID), standing for a significant step towards a single integrated continent-wide intraday market. A market of this kind increases the overall efficiency of intraday trading through effective competition, increased liquidity and more efficient use of generation resources across Europe. The SIDC solution is based on a common IT system with a common order book, a capacity management module and a shipping module.

The participating countries were initially Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Latvia, Lithuania, Norway, the Netherlands, Portugal, Spain and Sweden. SDIC will now be expanded and continuous electricity trading will be possible across seven further countries: Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania and Slovenia. Nominated electricity market operators (NEMOs) and the participating transmission system operators (TSOs) have confirmed the go-live of the extended SIDC and two additional local implementation projects on 19 November with first deliveries on 20 November.

TSOs already collaborating in SIDC include the TSCNET shareholders 50Hertz, Amprion, APG, TenneT, TransnetBW and Energinet as well as the TSCNET client Creos from Luxembourg. With the second wave, six more shareholders follow, namely ČEPS, ELES, HOPS, MAVIR, PSE and Transelectrica.

The SIDC solution for a single integrated European intraday market is expanded by seven countries, including Croatia, Czechia, Hungary, Poland, Romania and Slovenia

Linkup
> See Energinet press release (html)
> See PSE press release (html)
> See APG press release, in German (html)

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ČEPS half-year report: Profits support infrastructure

16.09.2019

In 2019, the Czech transmission system operator (TSO) ČEPS continues its extensive infrastructure investment programme to ensure that the development of the Czech transmission system meets the increasing demands of the rapidly changing energy sector. The profits now presented in the company’s half-year report facilitate these efforts considerably.

The TSCNET shareholder concluded the first half of 2019 with a pre-tax profit of CZK 2.3bn (about €88.84m) and a total revenue of CZK 11,903bn (about €460m), an increase of CZK 1,54bn in comparison to the same period in 2018. “Cross-border auctions account for 38% of revenues,” explains Martin Durčák, Chairman of the Board of Directors of ČEPS. As far as the TSO core business is concerned, a total of 32,760GWh was transferred in the first half of 2019.

An important infrastructure project completed in July 2019 is the connection of the Řeporyje-Prosenice line to the Mírovka substation. The branching of this almost 300km long line, which connects the periphery of Prague with the Olomouc region in the east of the country, will increase the safety and reliability of the Czech transmission grid. Other significant investment measures already implemented this year include the construction of the new Přeštice-Vítkov line linking the Plzeň to the Moravian-Silesian Region. In Vítkov, a new 420kV substation with a gas-insulated switchgear was installed to complement the new line construction.

ČEPS reports positive figures for the first half of the 2019 business year (picture showing Prague, Czechia: JÉSHOOTS)

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> See ČEPS press release (html)

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Second go-live wave of XBID

13.06.2019

The successful go-live of XBID, the European cross-border Single Intraday Coupling (SIDC) solution, on 12/13 June 2018 was a significant step towards a single integrated continent-wide intraday market. Such an integrated market increases the overall efficiency of intraday trade through effective competition, increased liquidity and more efficient utilisation of generation resources across Europe. Today the first anniversary of XBID is celebrated and over 16 million trades have been executed since its launch.

The SIDC partners look back on a successful first year of operation with a stable and robust system performance as well as a high and growing number of trades across Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Latvia, Lithuania, Norway, the Netherlands, Portugal, Spain, and Sweden. The integration of seven additional countries into the SIDC region is expected in the fourth quarter of 2019. A pre-launch event for the second wave is planned for the beginning of October 2019 and a trial period will also be arranged with the market parties. The countries for this second go-live wave are Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania, and Slovenia.

The TSOs already cooperating in XBID include the TSCNET shareholders 50Hertz, Amprion, APG, TenneT, and TransnetBW as well as the TSCNET client Creos from Luxembourg. Further shareholders are to follow with the second wave, namely ČEPS, ELES, HOPS, MAVIR, PSE, and Transelectrica.

XBID, the SIDC solution for a single integrated European intraday market, celebrates its first anniversary

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> See ENTSO-E press release (html)

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ČEPS innovation projects

12.06.2019

As European transmission system operators (TSOs), the TSCNET shareholders must adapt to the changing energy landscape and find solutions for a successful sustainable energy future. The Czech TSO ČEPS is no exception to this rule and is actively involved in several innovation projects to respond to changes in the energy industry and to ensure the reliable operation of the Czech power system, as it was now pointed out by Karel Vinkler, director of the Innovation and R&D section of ČEPS. These projects include SecureFlex, MAFRI, Dflex, and BAART, which all are part of the national THÉTA program of the Technology Agency of the Czech Republic to support research in the energy sector.

With the SecureFlex project, ČEPS recognises power flexibility as one of the most important grid stabilisation tools of the future. SecureFlex focuses on developing analysis, calculation and optimisation tools as well as targeted studies that contribute to the secure use of power flexibility in the context of new technologies and market themes. The MAFRI project (Mid-term Adequacy Forecast – Regional Indicators) aims to identify new reliability criteria for the production-capacity-adequacy evaluation. The outcomes of the project can contribute to future decisions on infrastructure investments and restorations.

In the Dflex project, the feasibility of active participation of smaller power sources will be investigated to provide flexibility for the operation and control of the power system. Through aggregation and active decentralised control systems, these energy sources will then be used to stabilise the system. Finally, the BAART project is concerned with the gradual development of the BSAE technology (Battery System Accumulation of Energy) and its potential regarding power balancing. The main purpose of this project, in which a 4 MW battery in the Tušimice power plant is being used, is the development, adaptation and modification of BSAE power balance services and their practical verification.

“ČEPS has been active in the field of innovation, research and development for a long time. The need to innovate comes naturally from the fundamental changes of the present power industry environment,” comments Vinkler.

ČEPS is conducting several innovation projects to respond to changes in the energy industry (picture shows the Czech capital Prague, where the TSO has its headquarters)

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> See ČEPS press release (html)

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ČEPS and SEPS to participate in IPDE

05.06.2019

The International Phasor Data Exchange (IPDE) platform is a multinational project to facilitate and optimise the exchange of operational data within the European interconnected transmission system. More specifically, these data derive from time-synchronous voltage, current phasor and frequency measurements which are collected and used in Wide Area Monitoring Systems (WAMS). IPDE is now making significant progress as the two TSCNET shareholder ČEPS and SEPS, the Czech and Slovak transmission system operators (TSO) respectively, have signed an agreement on participating in the platform.

Martin Durčák, Chair of the Board of Directors of ČEPS, comments that the “participation in the platform is another of our continual steps in the introduction of technological innovations and shift towards a digitally managed and controlled grid”. Miroslav Obert, CEO of SEPS, complements: “The project we are undertaking in collaboration with our Czech partners ensures method simplification and uniformity of phasor data exchanges between individual TSOs.”

ČEPS and SEPS have signed an agreement to participate in the IPDE Data Exchange platform

Linkup
> See ČEPS press release (html)
> See SEPS press release, in Slovak (html)

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Core CCR project meeting hosted by HOPS

20.05.2019

Sixteen transmission system operators (TSOs) from the heart of Europe are participating in the Core Capacity Calculation Region (CCR) project in order to implement a decision taken by the Agency for the Cooperation of Energy Regulators (ACER) in November 2016 to merge the existing regional initiatives of Central Eastern and Central Western Europe into the European core region. These TSOs – including the twelve TSCNET shareholders 50Hertz, Amprion, APG, ČEPS, ELES, HOPS, MAVIR, PSE, SEPS, TenneT, Transelectrica, and TransnetBW – are strongly committed to implementing all CCR-related obligations in accordance with the respective network codes and guidelines of the European Commission.

Last week, the Croatian TSO HOPS organised a two-day project team meeting with representatives of all 16 Core CCR TSOs to calculate long-term cross-border transmission capacities compliant with the specifications on Capacity Allocation and Congestion Management (CACM). As one of the two Regional Security Coordinators (RSCs) for Core CCR TSOs, TSCNET Services was also part of the meeting. The concrete objective of the meeting in the Croatian capital of Zagreb was to prepare a proposal for an appropriate calculation methodology. This proposal will be open for public consultation from 10 June 2019. During the meeting participants also visited the HOPS control centre.

HOPS hosted a Core CCR project meeting in Zagreb (picture: HOPS)

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> See HOPS press release, in Croatian (html)

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