On 15 December 2022, the Energy Community Ministerial Council adopted Decision 2022/03/MC-EnC on the incorporation of the European Union’s electricity market acquis in the Energy Community together with Procedural Act 2022/01/MC-EnC on fostering regional energy market integration. With these acts the Contracting Parties obliged themselves to bring into force the laws, regulations and administrative provisions necessary to comply with the new provisions by 31 December 2023.
The electricity integration package (EIP) enables full market integration of Contracting Parties into the single European market for electricity, based on the principle of reciprocity. Encompassing nine acts, the EIP aims to make the markets fit to deliver on cost-efficient clean energy transition while ensuring secure and affordable electricity supply to the citizens.
- There are four EIP acts which are part of the Clean Energy for all Europeans package:
Electricity Directive (EU) 2019/944 (recast);
Electricity Regulation (EU) 2019/943;
Risk-preparedness Regulation (EU) 2019/941 (recast);
ACER Regulation (EU) 2019/942.
- The five Network Codes and Guidelines establish detailed rules related to different market segments and system operation:
Forward Capacity Allocation Guideline (FCA);
Capacity Allocation and Congestion Management Guideline (CACM);
Electricity Balancing Guideline (EB GL);
System Operation Guideline (SOGL);
Network Code on Emergency and Restoration (ER NC).
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Interpretative Notes
Interpretative Notes
To facilitate the transposition and implementation of the electricity integration package, the Secretariat is providing supporting documents such as interpretative notes. The first note was published in February 2024.
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Electricity
28.02.2024- Glossary
Electricity integration package glossary
The new package comes with a bundle of new terms, actors and definitions. To guide from getting lost in the abbreviations jungle, below please find a glossary for review and/or download.
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Electricity
01.03.2024A - C: from ACER to Cross-Zonal Capacity
Abbreviation Definition ACER Agency for the Cooperation of Energy Regulators aFRR automatic Frequency Restoration Reserve ANCA All NEMO Cooperation Agreement ANDOA All NEMO Day-Ahead Operational Agreement ANIDOA All NEMO Intraday Operational Agreement BESS Battery Energy Storage System BRP Balance Responsible Party BSP Balancing Service Provider BZ Bidding Zone BZB Bidding Zone Border CCM Capacity Calculation Methodology CCP Central Counter Party CCR Capacity Calculation Region CEER Council of European Energy Regulators CEF Connecting Europe Facility CfD Contract for Difference CGM Common Grid Model CIDM Congestion Income Distribution Methodology CNE Critical Network Element CNEC Critical Network Element & Contingency CoA Cooperation Agreement CP (Energy Community) Contracting Party CT Countertrade CZC Cross-Zonal Capacity D - I: from Day-ahead to Identification of System Needs
Abbreviation Definition DA Day-ahead DAOA Single Day-Ahead Coupling Operations Agreement DG Distributed Generation DSO Distribution System Operator EC (or DG) European Commission or Directorate-General ESS Energy Storage System ENTSO-E European Network of TSOs for Electricity Euphemia Pan-European Hybrid Electricity Market Integration Algorithm FB Flow-Based FCR Frequency Containment Reserve FRR Frequency Restoration Reserve FTR Financial Transmission Right GLDP Generation and Load Data Provision GSK Generation Shift Key HMMCP Harmonised Maximum and Minimum Clearing Prices ID Intraday IDA Intraday Auction IDCZCP Intraday Cross-Zonal Capacity Pricing IDCZGOT Intraday Cross-Zonal Gate Opening Time IDCZGCT Intraday Cross-Zonal Gate Closure Time IDOA Intraday Operation Agreement IF Implementation Framework IN Imbalance Netting IoSN Identification of System Needs J - P: from Joint Allocation Office to Power exchange
Abbreviation Definition JAO Joint Allocation Office JET Joint Expert Team LIP Local Implementation Project LTTR Long-term Transmission Right MARI Manually Activated Reserves Initiative MCCG Market Coupling Consultative Group MCO Market Coupling Operator MCO IP MCO Integration Plan MCSC Market Coupling Steering Committee MESC European Market Stakeholder Committee mFRR manual Frequency Restoration Reserve MNA Multi NEMO Arrangement NEMO Nominated Electricity Market Operator NDA Non-Disclosure Agreement NP Net Position NRA National Regulatory Authority NTC Net Transfer Capacity NTH NEMO Trading Hub OTC Over-the-counter PCG Pentalateral Coordination Group PICASSO Platform for the International Coordination of Automated Frequency Restoration and Stable System Operation PGM Power Generating Module PMO Project Management Office PPA Power Purchase Agreement PPM Power Park Module PTR Physical Transmission Right PX Power exchange R - X: from Remedial Action to European Cross-Border Intraday
Abbreviation Definition RA Remedial Action RAP Regional Allocation Platform RCC Regional Coordination Centre RD Redispatch RES Renewable Energy Sources RfA Request for Amendment RfC Request for Change RPP Risk Preparedness Plan RR Replacement Reserve SAFA Synchronous Area Framework Agreement SC Steering Committee SDAC Single Day-Ahead Coupling SIDC Single Intraday Coupling SLA Service Level Agreement SO System Operations or System Operator SOB Shared Order Book SOR System Operation Region TCM Terms and Conditions or Methodologies TCMC TSO Cooperation Agreement for Market Coupling TERRE Trans European Replacement Reserves Exchange TSO Transmission System Operator TYNDP Ten Year Network Development Plan VAT Value Added Tax vRES Variable Renewable Energy Sources XBID European Cross-Border Intraday - Glossary