|Exchange of Balancing Energy|
|European Union Electricity Market Glossary|
Exchange of Balancing Energy means the process of instructing the activation of Balancing Energy bids for the delivery of Balancing Energy by a Transmission System Operator (TSO) in a different Responsibility Area or Scheduling Area when appropriate, than the one in which the activated Balancing Service Provider is connected.
The target model for the Exchange of Balancing Energy is based on a multilateral TSO-TSO Model with a Common Merit Order List (CMOL) for manual Frequency Restoration Reserve (FRR) and Replacement Reseve (RR).
An equivalent concept is envisaged for automatic FRR (ACER/CEER Annual Report on the Results of Monitoring the Internal Electricity and Natural Gas Markets in 2014, November 2015, p. 212).
Article 15(2) of the Proposal for a Regulation of the European Parliament and of the Council on the internal market for electricity (recast), 30.11.2016, COM(2016) 861 final 2016/0379 (COD) stipulates that when cross-zonal capacity is available after the intraday cross-zonal gate closure time, TSOs must use the cross-zonal capacity for the exchange of balancing energy or for operating the Imbalance Netting process.
|Last Updated on Tuesday, 14 March 2017 22:30|