Press Releases
Joint Allocation Office (JAO) to be established on 1 September 2015
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- Last Updated on Tuesday, 30 June 2015 11:35
On 24 June 2015 the General Assemblies of CAO and CASC.EU, the two regional allocation offices for cross-border electricity transmission capacities, approved the merger agreement to create the Joint Allocation Office (JAO). This is a major milestone for facilitation of the internal electricity market in the European Union.
The JAO is a joint service company of twenty Transmission System Operators (TSOs) from seventeen countries*. It will mainly perform the yearly, monthly and daily auctions of transmission rights on 27 borders in Europe and act as a fall-back for the European Market Coupling.
After two years of careful and intensive preparation, the new allocation platform will be established on 1 September 2015 and initially perform auctions for the 2016 annual transmission rights. The JAO constitutes a merger of CAO Central Allocation Office GmbH located in Germany and CASC.EU S.A. located in Luxembourg. After the merger, both offices will run in parallel until the end of 2015 to ensure uninterrupted operation of the monthly and daily auctions on all borders concerned. All operations will be fully transferred to Luxembourg in the first quarter of 2016.
The JAO substantially increases the efficiency and transparency of the electricity market in Europe by becoming the single point of contact for market participants, creating a liquid and almost Europe-wide platform for transmission rights allocation. Zbyněk Boldiš (ČEPS, Czech TSO), the chairman of the Joint Steering Team of the merger project, underlines: “With only one technical interface for managing most European borders, the JAO simplifies trading to more than 200 market participants and promises savings of several million Euros to the TSOs in the next years.”
As harmonisation of Auction Rules is an ongoing process, the JAO will adapt its services accordingly as soon as the Harmonised Auction Rules have been approved by all National Regulatory Agencies in charge.
The JAO is open for other TSOs who can join by becoming shareholders of the JAO or just by using its services.
* 50Hertz (DE), Admie (GR), Amprion (DE), APG (AT), ČEPS (CZ), CREOS (LU), ELES (SI), ELIA (BE), EnerginetDK (DK), HOPS (HR), MAVIR (HU), PSE (PL), RTE (FR), SEPS (SK), Statnett (NO), Swissgrid (CH), TenneT (DE), TenneT (NL), Terna (IT), TransnetBW (DE)
Coordinated Electricity Transmission Capacity Allocation Process on HU-HR and SI-HR Border Harmonized with the CEE Region to be Introduced for 2013
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- Last Updated on Wednesday, 06 February 2013 13:52
Representatives of the Elektro-Slovenija, d.o.o. (ELES), MAVIR Hungarian Independent Transmission Operator Company Ltd. (MAVIR), HEP-Operator prijenosnog sustava d.o.o. (HEP-OPS) and CAO Central Allocation Office GmbH (CAO) have agreed to introduce harmonized electric transmission capacity allocation process principles currently applied in CEE region on border Hungary - Croatia and Slovenia - Croatia
In December 2011 CAO and HEP-OPS supported by ELES and MAVIR informed the market participants about the intention to integrate the borders Hungary - Croatia and Slovenia - Croatia into the electricity transmission capacity allocation process organized by CAO using the principles and the solution already applied among 8 TSOs from the CEE region in order to contribute to the creation of an EU Internal Electricity Market.
ELES, MAVIR, HEP-OPS and CAO have agreed to introduce this process for the year 2013 starting with the yearly auction and continuing with monthly and daily auctions. The initiative is also supported by all other CEE TSOs.
Process will be organized based on separate Rules for Coordinated Auction of Transmission Capacity on HU-HR and SI-HR Border which are fully consistent with the rules applied in the CEE Region. Auction Rules and other important information in connection to the introduction of the new procedure will be published and distributed by CAO within the following weeks.
Announcement on Executive report on achievements in the CEE FBA Project
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- Last Updated on Wednesday, 06 February 2013 13:53
CAO Central Allocation Office GmbH in cooperation with the CEE TSOs provided mainly during the year 2011 all requested analyses and dry-runs in order to implement the FBA method of capacity calculation. After completion of such a project phase, the CEE TSOs have not decided on implementation of the FBA method in its explicit way in the course of 2012 as originally planned due to changing environment and priorities. These are now subject to discussion among the CEE TSOs and national regulatory bodies.
Read the whole Announcement …
Read the Executive report on achievements in the CEE FBA Project …
HEP-OPS and CAO will allocate electricity transmission capacity together
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- Last Updated on Wednesday, 06 February 2013 14:07
Representatives of the HEP-Operator prijenosnog sustava d.o.o. (HEP-OPS) and CAO Central Allocation Office GmbH (CAO) have signed a Memorandum of Understanding (MoU) about the cooperation in introduction of harmonized electric transmission capacity allocation process on Croatian EU borders.