CASC.EU S.A.
CASC.EU – Capacity Allocation Service
Company
Content
1.
2.
3.
Company presentation
Business model
Main business processes
CASC
2
1. Company presentation
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CASC.EU established as regional auction office for cross border capacity on
October 1st 2008
•
Located in Luxembourg
•
Operations started: November 28th 2008
•
Since November 10th 2010; 13 shareholders
- Netherlands, Belgium, France, Italy, Greece, Slovenia, Austria, Switzerland,
Germany (3), Luxembourg
CASC
3
1. Company presentation
Services provided by CASC.EU
•
•
•
•
•
•
Daily operation of services, related to the cross border allocation of
transmission capacity, outsourced to CASC
– Explicit auctions: Yearly, Monthly, Daily, Intraday
– Fallback options: Shadow auctions, Rollback
Clearing and settlement of auctions
– Invoicing
Market Coupling services
– Post-coupling and Publication
– Collection of congestion revenues and distribution to the TSOs
Increases liquidity and competition within markets
Supports development and testing of standardized systems and rules
Publication of all relevant information
CASC
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1. Company presentation
Milestones
01/10
/2008
CASCCWE
Incor
porat
ed
06/2008
Call for
Tender
08/2008
Contract
Signed
with
AREVA
T&D
02/2011
First
Swiss LT
and
Daily
auctions
10/2009
First
Daily
Auction
11/2008
First
Long
Term
Explicit
Auction
10/201
0 CWE
ATC
based
Market
Couplin
g starts
12/2011
Harmoni
zed
Rules
03/2011
First
Italian LT
and Daily
auctions
CASC
12/2013
First FRES LT
Auctions
06/2012
First
Italian
Intraday
auctions
5
1. Company presentation
Working Area CASC.EU
CWE and DE-DK1 LT and Shadow Auctions
ITVC Shadow Auctions
CSE, Swiss North and FR-CH border
NEW border FR-ES
December 2013
FR- ES LT Auctions
CASC
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2. Business model
KP Key Partner
KA Key Activities
VP Value Proposition
- Cross border
auctions
- Central counterparty
for market participants
TSOs
- Workload reduction
for TSOs
CR Customer
Relationship
- Permanent
assistance
CS Customer Segments
- Energy sector
- Financial sector
- One harmonized
structure for running
auctions
TSOs
- Small structure –
cost efficiency
KR Key Resources
- Rapid answer to all
inquiries from market
participants
CH Channel
-IT infrastructure
- E-mail
- Employees
- Phone
R$ Revenue Stream
C$ Cost Structure
- IT infrastructure : Auction tool + Financial system
- Operating costs
- Financial costs
- Employment costs
Fixed fee cost based + margin
CASC
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3. Main business processes
a. Explicit auctions - Operations
Market
Participant User
Interface
Bids
Transfers
Resales
Results
Auction Specifications
Participation Report
ATC
Offered Capacity
Results
TSOs
Capacity Rights
Resales
Transfers
Results
TSO REPORTING
Payments
Account
Reporting
CASC.EU
EXAU
System
Payments
Accounting
Document
Auction Spec
Offered Capacity
Results
BANK
SAGE
Booking and
Invoicing
WEBSITE
CASC.EU and
ENTSOE.net
3. Main business processes
a. Explicit auctions - Operations
Auction
Definition
Auction
Publication
PreBidding
Offered Capacity
Publication
&
Bidding
ATC
Submission
Clearing
CASC
Allocation
Results
Publication
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3. Main business processes
a. Explicit auctions - Finance
Market
Participant User
Interface
Self billing /
invoices
CASC.EU
Financial
System
Self billing /
invoices
TSOs
Financial
reporting
Accounting
document
EXAU system
Copy of bank
reporting
3. Main business processes
c. Financial structure
Market Participant
CASC / MP business
bank account
Deposit
Transfer capacity
allocation
CASC Central
bank account
Transfer net allocation
revenues
Refund UIOSI /
compensation
TSOs
CASC
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