Background
ICIS may consult on specific changes to its price assessment methodologies from time to time. These changes may be to address an issue identified by ICIS in market structure, market behaviour, an existing methodology or in reaction to feedback from customers or market participants on any of these. Consultation paper GMC01/17 was part of this process.
Click here to download the EDEM Consultation – 20 January 2017
ICIS received no formal responses to this consultation paper.
ICIS Initial Decision
In line with its minded-to position, ICIS will stop assessing the following products.
Dutch Power
Month+4, quarter+4 and year+3 Baseload
All peakload products excepting month+1 and year+1
Polish Power
Day-ahead, Weekend, month+3 and quarter+4 Baseload
All peakload products excepting month+1 and year+1
Czech Power
Month+3, quarter+4 and year+3 Baseload
All peakload products and Day-ahead extended peaks
Serbian Power
All products
In addition, ICIS will stop calculating the Czech Day-ahead Peaks index.
Please note that ICIS will continue to measure market trends and activity and gather feedback from participants on all of the markets for which it provides pricing. We welcome continued feedback from market participants outside of the formal consultation process.
To provide further comments or feedback on the ICIS electricity market methodology for EDEM, please contact Zoe Double or Jamie Stewart:
Zoe Double: zoe.double@icis.com
Jamie Stewart: Jamie.Stewart@icis.com
To comment on energy consultations please contact Fionn O’Raghallaigh, Acting Managing Editor at Fionn.ORaghallaigh@icis.com
