CIM Market Data Exchanges Guidelines for the IEC 62325-351 European Style Market Profile Approved as a Technical Specification

(PresseBox) ( Brussels, )
On 20 September 2013, the ''Market data exchanges guidelines for the IEC 62325-351 European Style Market profile'' was approved with unanimity by the International Electrotechnical Commission (IEC) as a Technical Specification - IEC 62325-503.

The Framework for energy market communications ''Market data exchanges guidelines for the IEC 62325-351 European Style Market profile (IEC 62325-503)'' provides guidelines to exchange messages among different actors in the European Internal Energy Market (IEM). A European market participant (trader, distribution utilities, etc.) could thus benefit from a single, common, harmonised and secure platform for message exchange with European Transmission System Operators (TSOs); thus reducing the cost of building different IT interface platforms.

This Technical Specification represents an important step to facilitate the entry of parties into electricity markets other than their national markets, as they could use the same or similar information exchange system to participate in more than one European national or regional market.

This Technical Specification reflects ENTSO-E's Market Data Exchange Standard (MADES), which is also one of the two preferred ways of exchange within ENTSO-E's future central information transparency platform.

ENTSO-E thanks its Members for their support in bringing TSO requirements into the CIM, working towards the harmonisation and implementation of standardised electronic data interchange.

For further information on the CIM for the electricity market and ENTSO-E's related activities, please contact Ioannis Retsoulis, Data Exchange Standards & Interoperability Advisor.
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