it_requirements_for_bm - Hydropower Investment Promotion Projects

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TABLE OF CONTENTS1. INTRODUCTION .............................................................................................. 12. SYNOPSIS OF BALANCING ELECTRICITY TRADE ..................................... 22.1 Description of Georgian Balancing Market ...................................................... 22.2 Description of Competitive Balancing Market .................................................. 42.2.1 Day-ahead Market ........................................................................... 52.2.2 Balancing Power Market .................................................................. 62.2.3 Intraday Market ................................................................................ 73. INFORMATION EXCHANGE FRAMEWORK FOR COMPETITIVEELECTRICITY TRADING ............................................................................. 83.1. Description of XML-based Information Exchange .......................................... 93.2 Operations in Electricity Sector as a Business Processes ............................ 103.3 Communication Protocol ................................................................................ 124. OVERVIEW OF EXISTING ELECTRICITY TRADING PLATFORMS ............ 144.1 Italian Power Exchange ................................................................................. 154.2 Spanish Power Exchange .............................................................................. 174.3 Nord Pool ....................................................................................................... 234.4 Polish Power Exchange ................................................................................. 245. MARKET DATA REQUIREMENTS FOR THE NEW GEORGIANMARKET OPERATOR ............................................................................... 265.1 Market Data provided by ESCO..................................................................... 275.2 Market Data Provided by Market Operator .................................................... 285.3 Comparison .................................................................................................... 28APPENDIX ......................................................................................................... 29
TERMS AND ACRONYMSBMBalancing marketbpsBit per secondDAMDay-Ahead MarketESCOElectricity System Commercial Operator of GeorgiaEUEuropean UnionGEMM 2015 Georgian Electricity Market Model 2015GNEWRC Georgian National Energy and Water Supply Regulatory CommissionGoGGovernment of GeorgiaGSEGeorgian State ElectrosystemHIPPHydropower Investment Promotion ProjectHPPHydro Power PlantHTTPHypertext Transfer ProtocolISDNIntegrated Service Digital NetworkITInformation TechnologyKbpsKilobit per secondMOMarket OperatorNCCNational Control (Dispatch) Center in GeorgiaPXPower ExchangeTSOTransmission System OperatorXMLExtensible Markup Language
Page 1 and 2: Hydropower InvestmentPromotion Proj
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Page 7 and 8: electricity trading platforms which
Page 9 and 10: At this stage of Georgian electrici
Page 11 and 12: After the information on commercial
Page 13 and 14: hourly intervals for each day. Hour
Page 15 and 16: Figure 6. Data Exchange between Pro
Page 17 and 18: Exchange of information among all m
Page 19 and 20: with minimum human interactions. Th
Page 21 and 22: In the Day-Ahead Market (MGP), elec
Page 23 and 24: Provide the operating company with
Page 25 and 26: settlement results and analyze anyt
Page 27 and 28: Figure 12. Configuration of SIOM’
Page 29 and 30: consumption plans. For the system s
Page 31 and 32: Figure 13. CONDICO trading system i
Page 33 and 34: 5. Weighted Average Tariff of the B
Page 35: USAID Hydropower Investment Promoti

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