UNEF organizes a new edition of the Electricity Market course to be held on June 10, 11 and 12 in the morning.
Target audience of the course
Photovoltaic producers, installers and operators of photovoltaic plants. Companies or individuals interested in the knowledge of the photovoltaic sector.
Objective
This course will analyze the operation of the wholesale electricity market in our country and the daily and intraday market, explain the calculation of settlement and billing and adjustment services, and discuss the role that photovoltaics can play in these services. In addition, the latest developments in the market will be discussed with the incorporation of relevant actors such as storage or energy communities.
June 10, 11 and 12
Prices
Members: 275€ + VAT
General: 350€ + VAT
Reserve your place now!
Module 1. Introduction to market functioning and regulatory framework - Tuesday, June 10th
10.00h - 10.15h Presentation of the course
José Donoso, CEO, Unión Española Fotovoltaica
10.15h - 11.15h Legislative framework of the Electricity Market
Carlos Redondo, Deputy Director General of Electric Energy, Ministry for Ecological Transition and the Demographic Challenge
Intervention of 50'.
Question and answer session of 10'.
11.15h - 12.15h Daily and intraday market
Yolanda Cuéllar, Director of Market Operations, OMIE
50' Intervention
- Introduction and regulatory framework
- Daily market
o Presentation of bids
o Price formation and matching results
o Obtaining the matching result
- Intraday market
o Auctions and continuous market
o Submission of bids
o Price formation and matching results
- o Negative prices, undercutting mechanisms
- Case study: submitting a bid to the day-ahead market for a PV installation
Question and answer session of 10'.
12.15pm - 1.15pm Settlement and invoicing of the market
Eugenio Malillos, Billing and Settlement Manager, OMIE
50' intervention
Question and answer session of 10'.
Module 2. Adjustment Services and Futures Market - Wednesday, June 11th
10.00 a.m. - 11.00 a.m. Adjustment service for system operation
Enel (TBC)
Intervention of 45'.
- Introduction and regulatory framework of the system adjustment services.
- Adjustment services market sequence
- Requirements to participate
- Submission of bids
- Price formation and matching results
- Deviations and costs attributable to deviations
- Matching markets in which the PV can participate
Question and answer session of 15'.
11.00 a.m. - 12.00 p.m. Forward Market
Adrián Juliá, Head of Trading Solutions, Antuko-DNV (TBC)
Olivier Potart, CEO at Antuko & Principal at DNV (TBC)
50' speech
- Introduction on the futures market products: Cal, Q, M, Base and peaks
- Operational for the energy management of a photovoltaic installation
- Hedging
- Futures markets
- Operation of the various platforms: OMIP, OTC.
- Settlement of the main products
- Case study: Settlement of a renewable energy economic regime installation (REER).
Question and answer session of 10'.
12.00h - 13.00h Forward Market
Daniel Fernandez, Director of Corporate Strategy, Regulation and Public Affairs, Engie
45' intervention
- Solutions to mitigate market risk
- Bilateral/private PPAs: structures and risks
- Financing
15' Question and answer session
Module 3. New actors: demand, self-consumption, energy communities - Thursday, June 12th
10.00h - 11.00h Self-consumption - Aggregation and Energy Communities
Carlos Montoya, Head of Solar and Self-consumption Department, IDAE
50' speech
- Challenges and opportunities
- Regulation
- New agents (how they work and how they participate in the market)
10' Question and answer session
11.00h - 12.00h The role of storage in the markets and ways to optimize its performance
Carlos Cabrera, Managing Partner, Sphera Energy (PDT)
Fernando Salinas, Managing Director, FRV (PDT)
12.00h - 12.45h Round table: Challenges for merchant plants
- Price volatility / lack of revenue visibility
- Geopolitical issues: the new global scenario
Moderated by Cristina Torres Quevedo, CFO, Unión Española Fotovoltaica
Rafael Calleja, Partner and CEO, Optimize Energy
Antonio Delgado, CEO, Aleasoft Energy Forecasting (PDT)
Javier Pamos, Product Manager Iberia, Aurora Energy Research (PDT)
Varinga (PDT)
