|Exchange of Balancing Energy|
|European Union Electricity Market Glossary|
Exchange of alancing Energy means the activation of balancing energy bids for the delivery of balancing energy to a Transmission System Operator (TSO) in a different scheduling area than the one in which the activated Balancing Service Provider (BSP) is connected (Commission Regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity balancing, Article 2(24)).
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.
Network Code on Electricity Balancing (Commission Regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity balancing - NC EB), Article 2(24)
All TSOs’ proposal on methodologies for pricing balancing energy and cross-zonal capacity used for the exchange of balancing energy or operating the imbalance netting process pursuant to Article 30(1) and Article 30(3), 12 September 2018
|Last Updated on Sunday, 14 October 2018 19:52|