Information regarding cookies and WWW.SEM-O.COM

By using this website, you consent to the use of cookies in accordance with the Single Electricity Market Operator’s Cookie Policy.
For more information on cookies and our Cookie Policy please follow this link.

I accept

 Market Trial 

 

What is a Market Trial

  • The Market Trial is a full-scale, ‘as-live’ operational trial of all market systems and processes.
  • IT provides a realistic risk-free environment without any of the financial consequences
  • It is intended to give market participants the TSO and the NEMO an opportunity to bed-down their operations prior to go-live.

Purpose of the Market Trial

  • To provide a controlled environment to acclimatise to the new market design
  • To be able demonstrate that the market systems and interfaces are operating appropriately
  • To provide assurance that the NEMO and the TSO can deliver on its obligations under the European Codes.
  • To inform the go-live decision, via properly defined and established exit criteria.
  • To facilitate a smooth and ordered transition into live market operation.

Phases of the Market Trial

  1. Planning - Planning the Market Trial Strategy and the development and delivery of the Market Trial Plan.
  2. Preparation - The period leading up to the commencement of the Market Trial, during which all parties will prepare for the Trial.
  3. Establishment - An initial operational period during which the market systems will first be made available to trial participants 
  4. Scripted - A period of trialling during which market participants will be requested to submit input data consistent with a limited number of pre-defined scenarios.
  5. Unscripted - A further period of trialling during which the submission of data by participants will not be subject to any restrictions or other scripting.

Market Trial Working Group Publications

MTWG Meeting #2 - 31 August 2017 

SEMO is a joint venture between EirGrid PLC and SONI Limited