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The Open Market Committee (OMC)

The Open Market Committee (OMC) is an important meeting point where AIB and its members – the competent bodies for guarantees of origin across Europe – and market participants can develop a better understanding of each other’s needs and wishes.

  • Luxembourg
  • AIB Open Markets Committee

AIB and RECS International jointly hosted the 2019 Open Markets Committee (OMC) in Luxembourg.

What is the purpose of the OMC? From AIB’s side, we are aware of that what we do, both as Issuing Bodies and as AIB itself, is vital for electricity consumers and for companies in the electricity sector. Because the electricity market, and the energy system in general, has become a very dynamic environment, it is vital to discuss the evolutions and exchange information with market participants in the GO-market.

So we are glad that we have a long standing cooperation with RECS International to set up a forum for AIB to meet market participants, the OMC.
In general, the OMC looks at the direction the GO-market participants see the market going, and at what does AIB have on the to do list.

Thanks a lot to all participants of the OMC for your contributions to this event.

 

Please find the agenda here.
For more information please see below - most speakers prepared presentations, which are now availabe for download.


Market Trends
Statistical update and analysis - Phil Moody (AIB) and Will Dixon (Entelios)
Panel discussion – National GO auctions, including the impact on PPAs and aggregation
Mohammed Mohammedi (Powernext, France), Ida Čandrlić (Hrote, Croatia), Claude Hornick (ILR, Luxembourg), Floriana Furno (GSE, Italy).
Market perspective by Ivan Debay (Origo, France)
Limiting disclosure periods e.g. France - Mathieu Morvan (Powernext, France)

System management
Fraud prevention - Morten Hilger (AIB)
New countries joining AIB - Liesbeth Switten (AIB)
Ex domain cancellations and bilateral recognition (e.g. Poland, Greece, UK, Spain) - Max Laven (CertiQ, The Netherlands)
Certification of non-fossil gas, including conversion of GOs between different energy carriers - Angela Tschernutter (AIB)

Regulatory framework – EU Level
Update on RED II, with a focus on implementation and EU Green Label - Adam White (RECS International)
EECS Development and interaction with CEN 16325 Standard - Katrien Verwimp (AIB)
MIFID/REMIT categorisation of GOs – update on work stream - Thomas Eccard (RECS International)
Carbon Accounting - Jared Braslawsky (RECS International)

Regulatory framework, good practices – National Level
Full disclosure national activity - Max Laven (CertiQ, The Netherlands)
Certification discrepancies - Joni Vourela (Fortum)
Interaction with other attribute tracking standards - Jared Braslawsky (RECS International)