European Union Electricity Market Glossary



Pursuant to the Supporting Document for the Network Code on Operational Planning and Scheduling of 26 March 2013 Schedules are a tool for the TSO for planning system operation after market closure before real time. Schedules are agreed plans from generation and consumption units as well as internal and external commercial exchanges and exchanges between TSOs. Schedules provide the necessary information for the TSO to operate and balance the system as well to carry out security analysis.


All Schedules in a Scheduling Area should sum up to zero within a time period to keep the system in balance, if no Faults occur and both consumption and production will be equal to the prognosis. This enables the TSO to balance its system in real time with a minimum level of reserves for balancing, compared to the extensive level of reserves necessary if no schedules are available.


Schedules provide the TSO with valuable insight; if the schedules do not sum up to zero, the TSO will have time to inform proactively the market players of potential mistakes instead of experiencing potential enormous imbalances in real time. This increases security of supply and is more economical.


The output of a market coupling process, i.e. energy exchanges, results in new requirements for TSOs and Market Coupling Operators (scheduling "Net Positions").


Scheduling "Net Positions" means a multilateral exchange between one Scheduling Area and a group of other Scheduling Areas involved in Market Coupling. "The group of other Scheduling Areas involved in Market Coupling", will modelled as a specific Scheduling Area without generation or consumption and where the sum of all imports is equal to the sum of all exports. All involved Scheduling Areas in the Market Coupling have a border with the specific Scheduling Area, except if the local situation requires bilateral exchanges between two Scheduling Areas. The Scheduling Agent of the Market Coupling Operator acts as "Operator of this specific Scheduling Area".


Market Coupling Operators shall support the process that ensures that all external schedules between Scheduling Areas are balanced.


Within market coupling process, multilateral exchanges between Scheduling Areas is the standard, but also bilateral exchanges may be required in order to allow for regional variations. Bilateral exchanges also take place if one of the Scheduling Areas does not participate in market coupling.


Source: Supporting Document for the Network Code on Operational Planning and Scheduling of 26 March 2013


Add your comment

Your name:
Your website:
Last Updated on Monday, 15 February 2016 23:47


Copyright © 2009 - 2017 Michal Glowacki. All rights reserved.
The materials contained on this website are for general information purposes only and are subject to the disclaimer