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Author: Freepik
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Description
Power Grid Data Fabric (PGDF). Data Fabric analysis system of the power grid, elaborated on production, consumption, import and export by bidding zone in relation to the different sessions of the Ancillary Service Market Session (MSD) and the energy stock market (Gestore Mercato Elettrico (GME))
We analyze the data of the last years in relation to Physical, Economic Market & Ancillary Services Market
Physical Market
Load
➡️ Total Load (TL)
➡️ Market Load (ML)
➡️ Peak-Valley Load (PVL)
➡️ Peak-Valley Load Details PVLD)
Generation
➡️ Actual Generation (AG)
➡️ Renewable Generation (NG)
➡️ Energy Balance (EB)
➡️ Installed Capacity (IC)
Transmission
➡️ Scheduled Foreign Exchange (SFE)
➡️ Scheduled Internal Exchange (SIE)
➡️ Internal Foreign Flow (IFF)
Economic Market
Energy Stock Market
➡️ Day-ahed Market (MGP) - All electricity operators may participate in the MGP. In this market, supply offers may only refer to Injection and/or Mixed Points and demand bids only refer to Withdrawal and/or Mixed Points. GME accepts Offers/Bids by Merit Order, taking into account the Transmission Limits notified by Terna S.p.A. (TSO). Accepted supply offers are remunerated at the Zonal Clearing Price. Accepted demand bids are remunerated at the National Single Price (PUN). Accepted Offers/Bids determine the preliminary Injection and Withdrawal Schedules of each Offer Point for the next day. Participation in this market is optional.
➡️ Intra-Day Market (MI) - Venue for trading of Offers to purchase and sell electricity for each hour of the following day, for the purpose of modifying the injection and withdrawal programs defined in the MGP. It consists of the MI-A and MI-XBID sessions. MI-A refers to the Auction Trading Session of the MI, within which the interconnection capacities between all areas of the Italian market are allocated, as well as the interconnection capacity on the borders involved in Market Coupling. MI-XBID means the Continuous Trading Session of the MI, carried out within XBID, within which the interconnection capacities between all areas of the Italian market are allocated, as well as the interconnection capacity on the borders on which the XBID is active. Participation is optional.
➡️ Daily Products Market (MPEG) - The trading venue where the Daily products are traded. The types of products listed in the MPEG relating to the trading of electricity whose delivery is made at each of the relevant periods, belonging to the trading day, included in the traded daily product Delivery Profile.
➡️ Forward Electricity Market (MTE) - venue where Forward Electricity Contracts with delivery and withdrawal obligation are traded, where contract admitted to trading in forward markets of electricity and natural gas and concerning future supplies of electricity and natural gas, respectively.
Ancillary Services Market
venue for the trading of supply offers and demand bids in respect of ancillary services. Terna S.p.A. uses this market to acquire resources for relieving intrazonal congestions, procuring Reserve Capacity and balancing injections and withdrawals in real time. Participation in the MSD
is restricted to units that are authorised to supply ancillary services and to their Dispatching Users. Participation in the MSD is mandatory.
The MSD produces two separate results:
1 - the first result (Ex-Ante MSD) concerns Offers/Bids that Terna S.p.A. has accepted on a scheduled basis for relieving congestions and creating an adequate Reserve margin;
2- the second result (ex-post MSD) concerns Offers/Bids that Terna S.p.A. has accepted in real time for balancing injections and withdrawals (by sending balancing commands). Offers/Bids accepted in the MSD determine the final Injection and Withdrawal Schedules of each Offer Point. In the MSD, Offers/Bids are accepted by economic Merit Order, taking into account the need for ensuring the correct operation of the system. Offer/bids accepted in the MSD are valued at the offered price (Pay as bid).