Launching of Intraday Market 2.0
On December 19, 2023, the “Regulation Amending the Electricity Market Balancing and Settlement Regulation” was published in the Legal Gazette with number 32404. The changes introduced by this regulation will come into force on January 1, 2024.
The amendments include the removal of block orders in the intraday market, new order options such as iceberg, price-leveled and time-leveled, and the “Method of Technical Requirements for Orders Submitted in the Intraday Market”. The regulation also covers objection processes, and other related matters.
As part of these changes, our company will enforce the “Method for Technical Requirements of Orders Submitted in the Intraday Market”. According to this method, starting from January 1, 2024, the order trade ratio will be 1000, and the order submission and update interval will be 100 ms.
According to the provision added to the regulation, “Minimum Order Price Sensitivity that can be offered in the intraday market are determined by the Market Operator and announced to market participants through the Market Management System (MMS)”, the minimum order price sensitivity in the intraday market is set at 0.1 TL/MWh.
Additionally, parameters added by the amendment and determined by the Market Operator, which must be announced at least 10 days in advance, are specified as follows.
The process of removing block orders has been completed for IDM 2.0, and you can access the final version of the pre-production environment at https://gunici-prp.epias.com.tr/.
The ‘Intraday Market 2.0 User Guide’ has been prepared and added to the pre-production environment. You can refer to the user guide while conducting your tests.
Additionally, the Intraday Market 2.0 website is now available at https://gunici.epias.com.tr/, and the scheduled go-live date for the new software is December 31, 2023, at 6 p.m. Until the go-live time, organizational limits and authorization processes are expected to be completed in the website. During this period, the order submission process will be denied.
LIMIT OPERATIONS
The organization limits for the Intraday Market 2.0 have been defined based on the existing limits of market participants for ‘Maximum Total Purchase’ and ‘Maximum Total Sales’. The limits can be reviewed at https://gunici.epias.com.tr/ and if needed, the limit change requests can be sent through the IDM 2.0 website. Your limit change requests will be considered and replied by EPİAŞ through the website. After the go-live, the final limits determined at https://gunici.epias.com.tr/ will be valid.
For detailed information on the specifics of limits, you can refer to the ‘Limit Operations’ section in Chapter 8 of the IDM 2.0 User Guide.
Authorization Operations
Authorization operations must be completed for all users intending to access the IDM 2.0 by admin user through ekys.epias.com.tr. Detailed information about authorization processes can be found in Chapter 14 of the IDM 2.0 User Guide. After completing the authorization process, each user must define their limits to perform transactions upon entering the application.
Information for the training webinar of the IDM 2.0 will be provided in the coming days.
The schedule for the launching of the IDM 2.0 and detailed procedures for the go-live day will be announced in the upcoming period.
You may submit your opinions and suggestions to the EPİAŞ Help Desk (https://yardim.epias.com.tr/) under the ‘Intraday Market’ section.
Respectfully submitted for your information.
Best Regards.
You can access the relevant documents below:
Regulation Amending the Electricity Market Balancing and Settlement Regulation
Method of Technical Requirements for Orders Submitted in the Intraday Market
Web Service Documents:
https://gunici-prp.epias.com.tr/gunici-trading-service/technical/tr/index.html
https://gunici-prp.epias.com.tr/gunici-service/technical/tr/index.html
