The Code has been implemented along three distinct deadlines, which the legislation offered depending on the preparedness of the Member States.
Countries with more experience with short-term markets or balancing opted for full implementation by October 2015.
Those who opted for temporary measures, due to information model upgrades, had to finalise implementation by October 2016.
Countries opting for interim measures were supposed to finish implementation by April 2019.
The Agency's reports showed a high implementation rate in North-West Europe. The least advanced implementation occurred in South-East and East Europe.
The implementation relies on three enablers: information provision, network flexibility, and commercial flexibility. Only when these factors reach a sufficient degree of maturity, network users and transmission system operators are enabled to properly play their roles assigned by the Code. Trading platforms (or balancing platforms in case of interim measures) are important instruments providing opportunities to network users to trade short term standardised products.