Simulated testing of all energy exchange market systems, the dry run, began yesterday, as officially scheduled, putting the launch of the target model on the final stretch.
Market systems linked to power grid operator IPTO, the Greek energy exchange, as well as EnexClear, an energy exchange subsidiary tasked with clearing transactions, are now operating under conditions of virtual reality, signaling the beginning of final-stage testing to be completed at the end of this month.
During the dry run, participating producers and buyers will be making simulated offers and purchases, the objective being to identify possible operational faults or insufficiencies for correction ahead of the official launch of the target model, scheduled for September 17.
All four energy exchange markets – the day-ahead, intraday, forward and balancing markets – are being tested. The energy exchange is in charge of the first three while IPTO is operator of the fourth.
Following August 11, EnexClear will take on a more active role for transaction clearances, a procedure to be performed on a weekly basis.
The overall procedure’s schedule was formalized by a ministerial decision signed on July 10.