5 Minute Price Publication Issue

Affected Period
N/A

Status
Closed

Category
Balancing

Run type
Imbalance Pricing

Created
27/08/2020 12:35

Last Updated
27/08/2020 16:39

Updated Message 27/08/2020 16:40

 

Dear Market Participant,

 

The issue resulting in the application of the Market Backup Price has now been resolved.

 

Imbalance Pricing has been restored to normal as of 16:00 today. As a reminder, the Day Ahead Market Backup Price will be applied between 10:00 and 16:00.

 

A backlog of Imbalance Price reports have been published that correspond to the periods where the Market Backup Price has been used; these reports should be ignored.

 

Kind regards,


SEMO Trading Operations


Updated Message 27/08/2020 15:06


Dear Market Participant,

 

As per Section E.2.2 of the Trading and Settlement Code Part B, the Market Operator has been unable to publish the Imbalance Price within the agreed timeframe of 30 minutes from the Imbalance Settlement Period, beginning 10:00 onwards.

 

As a result, the Market Operator shall set and publish the Imbalance Settlement Price equal to the Market Backup Price.  The Day Ahead Market Backup Price will therefore apply for the periods impacted by the publication issue from the Imbalance Settlement Period, beginning 10:00.

 

Please see a link to the report below:

 

Market Backup Price Report 27082020

 

The Market Operator will issue a further update advising of when we will revert to the normal Imbalance Price calculation in accordance with our obligations under Section E.2.2 of the Trading and Settlement Code Part B.

 

Kind regards,

SEMO Trading Operations


Original Message 27/08/2020 12:38


Dear Market Participant,


We are investigating an issue regarding the publication of 5 minute Imbalance Price reports to both the MPI and the website.


As a result we have taken the decision to suspend todays Repricing Batch until we understand what has caused the issue.


This has been raised to the vendor for investigation.


Kind regards,

SEMO Trading Operations