Imbalance of the balancing group under the competence of a Balance Responsible Party is determined on the basis of total nominated position, total metered position, and engaged energy from balancing entities which are part of that balancing group.

 

Imbalance = TNP + TMP + BEE

– Total nominated position (TNP) of each balancing group in the electricity market includes all accepted of electricity trading blocks of that Balancing group from the last accepted daily schedule.

 

– Total metered position (TMP) of each Balancing group on the electricity market includes confirmed metered values of withdrawn and injected energy at that Balancing group’s W/I points in the transmission and distribution system.

 

– Balancing energy engaged (BEE) from balancing entities of each Balancing group is determined on the basis of the engaged Secondary regulation and issued Tertiary regulation orders to the balancing entities within that Balancing group.

 

Electricity market Settlement and Payment Calendar:

Electricity Market Settlement and Payment Calendar for 2025

Electricity Market Settlement and Payment Calendar for 2026