ELECTRICITY MARKET – 15 minute MTU in the MGP: go-live on 11 June 2025
Further to the press release issued by the NEMO Committee on 19 December 2024 and to what has been communicated during today’s meeting of the Market Coupling Consultative Group, GME announces that the go-live of products with a 15-minute Market Time Interval (MTU), in the Day-Ahead Market (MGP)/Single Day-Ahead Coupling (SDAC), will take place on the trading day of 11 June 2025, with delivery date on 12 June 2025.
Concurrently with the go-live of products with a 15-minute MTU, as previously indicated in its Consultation Document 01/2024, GME will also make available, in the Day-Ahead Market, products with a 30-minute market time interval, in addition to the already available products with a 60-minute market time interval.
In this regard, with a view to enabling the testing of the new products, GME will organise blank test sessions with market participants beginning on 31 March 2025. The details of the tests, including the timetable of the test sessions and the participation procedure, will be made known with a subsequent communication well in advance.
Now online: issue no. 189 of GME's Newsletter
Local flexibility services for the DSO ARETI: start of blank tests on the features of the MLT-Flex
GME informs Market Participants that it will organise blank tests in order to allow parties interested in offering local flexibility services to the DSO Areti S.p.A. to test the features of the Local Forward Flexibility Market (MLT-Flex). The tests will take place according to the following procedure and timetable.
Days and hours of the tests
MLT-FLEX
Blank tests will be held on GME’s test platform (https://prove-romeflex.ipex.it) on 20th February in the following hours:
- sitting for submission of offers: from 09:00 to 12:00;
- determination of preliminary results and their notification to participants: by 12:30
- determination of final results and their notifications to participants: by 13:00.
The tests may be attended by all BSPs who/which have been admitted to the MLF by GME and who/which have also been enabled by Areti S.p.A. To access the test platform, these BSPs may use the credentials already received during the previous test session. New credentials and information about the test sessions may be requested by writing to proveme@mercatoelettrico.org.
Requests for participation in the tests by BSPs who/which have not yet been admitted to the MLF by GME, or who/which have not yet been enabled by Areti S.p.A., may be sent to proveme@mercatoelettrico.org.
Further details about the tests will be available on the test platform.
Transactions carried out during the blank tests will not be binding and will not give rise to any obligation.
For additional information, write to proveme@mercatoelettrico.org
Amendments to Technical Rule no. 05 PPA Bulletin Board - introduction of the “GO” and “ER 2.0” informational fields into the “Contract Registration Section” of the PPA Bulletin Board
GME informs market participants that, as of today, with the publication on GME’s website, the updated version of Technical Rule no. 05 PPA Bulletin Board (Technical Rule no. 05 Rev. 03 PPA Bulletin Board) will enter into force.
The amendments made to Technical Rule no. 05 PPA Bulletin Board are aimed at introducing three additional informational fields into the “Contract Registration Section” of the PPA Bulletin Board. These fields, called “GO”, “ER 2.0”, and “CENSIMP Code”, will enable GME to acquire information about registered contracts to be made available to GSE for the purposes referred to in art. 7, para. 5 b) of Decree no. 256, issued by the Minister of Environment and Energy Security on 10 July 2024, and in art. 8, para. 3 of Decree no. 268, issued by the same Minister on 23 July 2024.
In particular,
- the field “GO” allows market participants to specify whether the registered PPA involves the transfer of Guarantees of Origin (GOs) to the buyer, and, if so, to specify the number of GOs to be transferred, for the purposes referred to in art. 7, para. 5 b) of Decree no. 256, issued by the Minister of Environment and Energy Security on 10 July 2024;
- the field “ER 2.0” allows market participants to specify whether the registered PPA is connected with the so-called “E.R. 2.0” mechanism, for the purposes referred to in art. 8, para. 3 of Decree no. 268, issued by the Minister of Environment and Energy Security on 23 July 2024;
- the field “CENSIMP Code” enables to indicate the identification code, if available, of the power plant to which the contract to be registered refers.
The updated version of Technical Rule no. 05 PPA Bulletin Board (Technical Rule no. 5 Rev. 03 PPA Bulletin Board) fully replaces the previous version published on GME’s website.
Amendments to Technical Rule no. 02 P-GO – introduction of the “Energivoro” (energy-intensive company) operating profile
GME informs market participants that, as of today, with the publication on GME’s website, the updated version of Technical Rule no. 02 P-GO (Technical Rule no. 02 Rev. 11 P-GO) will enter into force.
The amendments made to Technical Rule no. 02 P-GO are aimed at introducing a new operating profile into the P-GO trading systems. This profile, called “Energivoro” (energy-intensive company), adds to the types of access profiles currently available in the GO systems. The change results from GSE’s introduction of the above-mentioned new profile into its “Regole Applicative sui controlli relativi all'assolvimento degli obblighi per la riduzione dell'impronta di carbonio nel consumo di energia elettrica degli Energivori (Application Rules – monitoring compliance with requirements for reducing the carbon footprint in electricity consumption by energy-intensive companies). These Rules were defined by GSE under the provisions of Decree no. 256, issued by the Minister of Environment and Energy Security on 10 July 2024.
The updated version of Technical Rule no. 02 P-GO (Technical Rule no. 02 Rev. 11 P-GO) fully replaces the previous version published on GME’s website.
Platform for the allocation of regasification capacity (PAR): amendments to the PAR Regulation and start of blank tests for the GNL Italia segment
GME announces that, as of today, with the publication on its website, the amendments to the Regulation of the platform for the allocation of regasification capacity (PAR) – and the updated versions of the relevant Technical Rules – will enter into force. The amendments, made in compliance with art. 3, para. 3.6 of the Regulation, introduced the following provisions for the GNL Italia segment:
- with regard to auctions for capacity during the thermal year: the option to activate two parallel auction sessions through which, for each “constrained” regasification capacity slot to be allocated with a duration of 4 days, two slots can be offered simultaneously with a duration of 2 days and associated with common calendar dates, in order to maximise revenues from capacity allocations, pursuant to ARERA Resolution 339/2022/R/GAS of 19 July 2022 (hereafter: parallel auctions);
- the management of auctions for the allocation of the redelivery flexibility service and of the temporary storage service referred to in art. 12 of the TIRG (hereafter: auctions for flexibility services).
All parties wishing to participate in the auctions – to be held in the above-mentioned segment of the PAR according to the timelines defined by GNL Italia S.p.A. and made known by GME – will have to acquire the status of PAR participant beforehand, in accordance with the PAR Regulation, by submitting the documents available on GME’s website at:https://www.mercatoelettrico.org/en-us/Home/MarketAccess/Gas/RegassificationAuctions/HowParticipate/Forms
With a view to enabling participants to test the features of the parallel auctions and of the flexibility service auctions, GME will organise appropriate blank test sessions. The test sessions will take place from 4 to 7 February 2025 on the test platform, available at https://provepar.ipex.it, according to the following timetable:
- for the simulation of the operation of parallel auctions, the sitting for submission of offers will be open from 09:00 to 12:00 on 4 February. Results will be published by 16:00 on the same day;
- for the simulation of the operation of auctions for the allocation of the redelivery flexibility service, the sitting for submission of offers will be open from 09:00 to 14:00 on 5 February. Results will be published by 14:30 on the same day;
- for the simulation of the operation of auctions for the allocation of the temporary storage service, the sitting for submission of offers will be open from 09:00 to 14:00 on 6 February. Results will be published by 14:30 on the same day;
- after the blank tests carried out on 4, 5, and 6 February, additional blank tests may be carried out, if needed, on 7 February. The object and timetable of these additional tests, if any, will be communicated to participants through appropriate notices published on the homepage of the test platform.
Any change to the above-mentioned test timetable will be communicated to participants through appropriate notices on the homepage of the test platform.
Interested parties may request the credentials of access to the test platform, and any other information regarding the tests and the operation of the PAR by writing to proveGas@mercatoelettrico.org. PAR participants, instead, may access the test platform by using the same credentials as those currently used for the live platform. The data entered during the tests will not be used in any way for operational purposes on the PAR platform.
- PAR Regulation
- Technical Rules
Local Flexibility Market (MLF) session 26 February 2025: notification under article 23, para. 23.2 of the MLF regulations
Having received a request of activation of a trading session of the MLT-Flex from the DSO Areti S.p.A., GME informs Market Participants, under art. 23, para. 23.2 of the MLF Regulations, that:
- the trading session will be held on 26/02/2025;
- the preliminary information about the MLT-Flex session, necessary for carrying out the trades, will be made available in the MLF information system on 25/02/2025;
- the sitting for submission of offers will be opened at 09:00 on 26/02/2025;
- the sitting for submission of offers will be closed at 15:30 on 26/02/2025 ;
- the preliminary results of the session will be communicated and published in the MLF information system within 16:00 on 26/02/2025;
- the final results of the session, after the technical validation of offers by the DSO, will be communicated and published within 17:00 on 26/02/2025.
Local Flexibility Market (MLF) session 25 February 2025: notification under article 23, para.23.2 of the MLF regulations
Having received a request of activation of a trading session of the MLT-Flex from the DSO Areti S.p.A., GME informs Market Participants, under art. 23, para. 23.2 of the MLF Regulations, that:
- the trading session will be held on 25/02/2025;
- the preliminary information about the MLT-Flex session, necessary for carrying out the trades, will be made available in the MLF information system on 24/02/2025;
- the sitting for submission of offers will be opened at 09:00 on 25/02/2025;
- the sitting for submission of offers will be closed at 15:30 on 25/02/2025;
- the preliminary results of the session will be communicated and published in the MLF information system within 16:00 on 25/02/2025;
- the final results of the session, after the technical validation of offers by the DSO, will be communicated and published within 17:00 on 25/02/2025.
Phone scams
Following some reports received by telephone and email to Gestore dei Mercati Energetici S.p.A. ("GME"), it seems that these telephone calls are made by a supposed "GME Office" and/or so-called GME operators, regarding proposals to change the electricity and/or gas supplier due to increases in cost of energy, not properly specified, or problems in the current supply, which were followed, in some cases, by emails with similar content.
It should be remembered that GME is completely unrelated to the event mentioned above. We would like to clearly state that we do not provide, in any way, commercial services such as those described above. Furthermore, we do not use communication methods with our clients such as those outlined above.
When in doubt, we always suggest to make sure of the above by contacting your current electricity and/or gas supplier according to the contact methods made available by the same. In any case, we suggest to avoid any possible follow up about proposals such as those highlighted above, in order not to face any unpleasant inconveniences.