Transmission system operator purchases or sells balancing energy in the balancing electricity market for the purpose of:
 
1        maintaining the real time balance between generation, consumption and exchange of electricity;

2        providing secure power system operation;

3        upholding the necessary level of reserve for Secondary and Tertiaryregulation;

The balancing market is regulated through a set of procedures on which the balance mechanism is based.
 
Participation in the balance market shall be regulated by a contract concluded by the transmission system operator with a participant in the electricity market in accordance with the Market Code. “
 
On related pages you can find information about:
 
1        conditions for participation;
 
2        engaged balancing energy and imbalance settlement price;
 
3        average monthly settlement price.