: Public <<Scenario>> Scenario
Created: 07/08/2018 14:18:10
Modified: 13/08/2018 16:17:28
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In this process capacity traders trade transmission capacity rights between themselves and at the end of the trade inform the transmission capacity allocator of the rights transfer.<br/>This is an “Over The Counter (OTC)” market, i.e. there are no specific rules for the trade, only the rules agreed between the parties involved in the trade. This market is also called “secondary market”.<br/>The transmission capacity allocator approves the transfer through the transmission of a Rights_MarketDocument containing the approved transmission rights that have been transferred between both parties. This is sent to both the transferor and the transferee parties.<br/>The capacity trader may, dependent on local rules, release his transmission capacity rights that he has previously acquired prior to an auction. If the capacity is released to the transmission capacity allocator sufficiently in advance the trader can benefit from its resale in<br/>the coming auction.<br/>In a “use it or sell it” (UIOSI) model the capacity trader benefits from the resale of the capacity rights in a subsequent auction for the part of the capacity rights that was not nominated beforehand.<br/>In a “use it or lose it” model (UIOLI) capacity not nominated is generally lost by the capacity trader.<br/>
Element Source Role Target Role
«Business» Interconnection Trade Responsible
Business «use»
Name:  
 
Name:  
 
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«Business» System Operator
Business «use»
Name:  
 
Name:  
 
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«Business» Nomination Validator
Business «use»
Name:  
 
Name:  
 
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«Business» Transmission Capacity Allocator
Business «use»
Name:  
 
Name:  
 
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«Business» Capacity Trader
Business «use»
Name:  
 
Name:  
 
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Element Name
{anonymous}
Synchronization  
 
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Element Name
Publish auction result
Activity  
 
Details:
 
Property Value
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