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Italy · arera-uvaz-picasso-balancing-conformity

ARERA verifies regulatory conformity of UVAZ participation rules for PICASSO balancing platform under TIDE

Decision
BALANCING MARKETSREAL-TIMEUVAZ participation rulesPICASSO platform integrationNetwork Code (Codice di Rete) updateTIDE regulatory conformitybalancing and redispatch market accessTIDE (Testo Integrato del Dispacciamento Elettrico); Codice di Trasmissione, Dispacciamento, Sviluppo e Sicurezza della Rete (Network Code)
1Problem identified
2Consultation
3Proposal
4Regulatory review
5Decision
6Implementation
7Go-live
8Market impact
What changed

ARERA issued Resolution 339/2026/R/eel verifying the regulatory conformity, under TIDE, of proposed amendments to the Network Code (Codice di Rete) governing the participation of UVAZ (enabled units) in the Balancing and Redispatch Market via the PICASSO platform.

Why it matters

This decision formalizes the eligibility and participation framework for enabled units (UVAZ) accessing the PICASSO cross-border balancing platform, affecting how balancing resources are activated and remunerated in Italy and potentially influencing cross-border aFRR exchange dynamics.

Design impact
Price formation●●●
Cross-border capacity●●○
Liquidity●●○
Operational security●●●
Market participants●●●
Affected markets
Mercato per il Bilanciamento e il Ridispacciamento (Balancing and Redispatch Market)PICASSO platform (aFRR)
Who is affected
UVAZ (enabled units)Terna (TSO)Balancing service providersDispatching users
MD analysis

The resolution represents a regulatory conformity checkpoint rather than a full market redesign, confirming that proposed Network Code updates for UVAZ participation in the balancing market align with TIDE requirements. Because PICASSO is a European aFRR platform, this domestic conformity verification is a prerequisite step for operationalizing Italian balancing resources on a harmonized cross-border platform, with downstream implications for balancing price formation and operational security once implemented by the TSO.

Rule / framework

TIDE (Testo Integrato del Dispacciamento Elettrico); Codice di Trasmissione, Dispacciamento, Sviluppo e Sicurezza della Rete (Network Code)

Next milestone

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Primary sources

ARERA · REGULATOR · 2026-09-29

339/2026/R/eel — Verifica di conformità regolatoria delle proposte di modifica al Codice di Trasmissione, Dispacciamento, Sviluppo e Sicurezza della Rete in materia di partecipazione delle unità abilitate al Mercato per il Bilanciamento e il Ridispacciamento

Open primary source ↗
arera-339-2026-r-eel