TITLE VIIU.K. REPORTING
Article 59U.K.European report on integration of balancing markets
1.ENTSO-E shall publish a European report focusing on monitoring, describing and analysing the implementation of this Regulation, as well as reporting on the progress made concerning the integration of balancing markets in Europe, respecting the confidentiality of information in accordance with Article 11.
2.The format of the report shall vary as follow:
(a)two years after entry into force of this Regulation and subsequently every second year a detailed report shall be published;
(b)three years after entry into force of this Regulation and subsequently every second year a shorter version of the report shall be published to review the progress made and update the performance indicators.
3.The report pursuant to paragraph 2(a) shall:
(a)describe and analyse the harmonisation and integration process as well as the progress made in terms of harmonisation and integration of balancing markets through the application of this Regulation;
(b)describe the status of implementation projects pursuant to this Regulation;
(c)assess the compatibility between the implementation projects and investigate any possible developments that pose a risk for future integration;
(d)analyse the development of the exchanges of balancing capacity and the sharing of reserves and describe possible barriers, prerequisites and actions to further enhance the exchange of balancing capacity and the sharing of reserves;
(e)describe the existing and analyse the potential exchanges of balancing services;
(f)analyse the suitability of standard products with respect to the latest development and evolution of different balancing resources and propose possible improvements of standard products;
(g)assess the need for further harmonisation of standard products and possible effects of non-harmonisation on integration of balancing markets;
(h)assess the existence and justifications for specific products used by TSOs and their effect on the integration of balancing markets;
(i)assess the progress of harmonisation of the main features of imbalance settlement as well as the consequences and possible distortions due to non-harmonisation;
(j)report the results of the cost-benefit analyses pursuant to Article 61.
4.ENTSO-E shall set up performance indicators for balancing markets that will be used in the reports. These performance indicators shall reflect:
(a)the availability of balancing energy bids, including the bids from balancing capacity;
(b)the monetary gains and savings due to imbalance netting, exchange of balancing services and sharing of reserves;
(c)the benefits from the use of standard products;
(d)the total cost of balancing;
(e)the economic efficiency and reliability of the balancing markets;
(f)the possible inefficiencies and distortions on balancing markets;
(g)the efficiency losses due to specific products;
(h)the volume and price of balancing energy used for balancing purposes, both available and activated, from standard products and from specific products;
(i)the imbalance prices and the system imbalances;
(j)the evolution of balancing service prices of the previous years;
(k)the comparison of expected and realised costs and benefits from all allocations of cross-zonal capacity for balancing purposes.
5.Before the submission of the final report, ENTSO-E shall prepare a proposal for a draft report. This proposal shall define the structure of the report, the content and performance indicators that will be used in the report. The proposal shall be delivered to the Agency which shall be entitled to require amendments within two months after the submission of the proposal.
6.The report pursuant to paragraph 2(a) shall also contain an executive summary in English of each TSO report on balancing pursuant to Article 60.
7.The reports shall provide disaggregated information and indicators for each scheduling area, each bidding zone border, or each LFC block.
8.ENTSO-E shall publish the reports on internet and submit it to the Agency no later than six months after the end of the year it refers to.
9.After the deadlines by which all TSOs shall use the European platforms pursuant to Articles 19(5), 20(6), 21(6) and 22(5), all TSOs shall review the content and conditions of publication of the reports. Based on the outcome of that review, ENTSO-E shall develop a proposal for a new structure and timing for the publication of the reports and submit it to the Agency. The Agency shall be entitled to require amendments within three months after the submission of the proposal.
Article 60U.K.TSO report on balancing
1.At least once every two years, each TSO shall publish a report on balancing covering the previous two calendar years, respecting the confidentiality of information in accordance with Article 11.
2.The report on balancing shall:
(a)include information concerning the volumes of available, procured and used specific products, as well as justification of specific products subject to conditions pursuant to Article 26;
(b)provide the summary analysis of the dimensioning of reserve capacity including the justification and explanation for the calculated reserve capacity requirements;
(c)provide the summary analysis of the optimal provision of reserve capacity including the justification of the volume of balancing capacity;
(d)analyse the costs and benefits, and the possible inefficiencies and distortions of having specific products in terms of competition and market fragmentation, participation of demand response and renewable energy sources, integration of balancing markets and side-effects on other electricity markets;
(e)analyse the opportunities for the exchange of balancing capacity and sharing of reserves;
(f)provide an explanation and a justification for the procurement of balancing capacity without the exchange of balancing capacity or sharing of reserves;
(g)analyse the efficiency of the activation optimisation functions for the balancing energy from frequency restoration reserves and, if applicable, for the balancing energy from replacement reserves.
3.The report on balancing shall either be in English or at least contain an executive summary in English.
4.Based on previously published reports, the relevant regulatory authority in accordance with Article 37 of Directive 2009/72/EC shall be entitled to require changes to the structure and content of the next TSO report on balancing.