From Licence to Market
We coordinate the market, grid connection and institutional processes that energy investments need, from post-licence development through to commercial operation.
At commercial operation, every day is revenue
Once construction is complete, connection, acceptance, licensing, metering, collateral and market registration must all be finished in the right order before the first sale. If one step is late, the plant cannot sell energy even when it is ready.
Frekans plans and tracks these processes in parallel across institutions. We prepare documents, coordinate applications and make sure the plant can trade from its first day of operation.
Our aim is to minimise the time between mechanical completion and first sale.
Pre-COD → COD → Post-COD
Pre-COD
COD
Post-COD
What must be done before the first sale
Every project is different, but these steps must be ready before commercial operation. We plan the list together against the project timeline.
Signing the connection and system use agreements and confirming connection point and capacity.
Provisional acceptance of the plant or units; planning which units start generating under partial acceptance.
Adding accepted units to the licence and making required notifications on time.
Installing main and backup meters, setting them up in automated meter reading (OSOS) and checking first readings.
Completing the market participation agreement and participant and settlement unit registrations.
Opening the collateral account and posting the collateral needed to trade on organised markets.
Setting up the YEİTM data connection for wind and solar and feeding plant data into the forecasting system.
Not every project enters the market the same way
For newly built plants, the priority is moving through every step between acceptance and first sale in order and without gaps.
- Aligning commissioning with market registration
- Unit-by-unit sales plan under partial acceptance
- First-month settlement check
When new capacity or an auxiliary source is added, licence, connection and metering must be updated.
- Tracking the licence amendment
- Reconfiguring metering
- Separating generation data by source
Where storage is added or built standalone, charge and discharge are metered and registered separately.
- Adding the storage unit to the licence
- Bidirectional metering and registration
- Test and acceptance coordination at commissioning
For investors entering the Turkish power market for the first time, corporate structure and market processes are set up together.
- Handling correspondence and applications with institutions
- Preparing documents for market participation
- English reporting on legislation and processes
Coordinating the technical, administrative and market processes of construction and commissioning
Advisory and coordination for processes with the following institutions, depending on the project.
Licence amendments, adding the plant to the licence and notifications under market legislation.
Transmission connection, system use agreement, YEİTM data connection and system operation processes.
Market participation agreement, participant and settlement unit registrations.
Opening the collateral account, collateral management and cash clearing.
Distribution connection, meter installation, automated meter reading (OSOS) set-up and metering data.
Ministry of Energy acceptance procedures, environmental and local permits, and other project-specific processes.
About project development and market entry
From licence to market.
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