SECTION V BALANCING ENERGY MARKET
CHAPTER 15 BALANCING ENERGY OFFERS IN THE BALANCING ENERGY MARKET
Article 15.2 Conversion of Balancing Energy Offers into Standardized Automatic Frequency Restoration Reserve (aFRR) Products

  1. The HETS Operator shall carry out the process of converting aFRR Balancing Energy Offers into Standard Products as follows:

    a)    at three scheduled times to take into account the most recent execution of the ISP,
    b)    after the Deadline for the Submission of Offers for aFRR Balancing Energy on the Balancing Energy Market, and
    c)    at any other time deemed necessary by the HETS Operator.

  2. The local aFRR merit order list is created through the Offer conversion process for both upward and downward directions during each mFRR Time Unit of the Dispatch Day, which includes eligible steps of upward and downward aFRR Balancing Energy Offers from the Balancing Service Providers, to whom aFRR Balancing Capacity has been awarded in accordance with the latest ISP resolution, without prejudice to the provisions of paragraph 6 of this Article.
  3. Offers are ranked by price in the local aFRR merit order list. For upward aFRR Offers the ranking is from lowest to highest price, while for the downward aFRR Offers the ranking is from highest to lowest price.
  4. Without prejudice to paragraph 6 of this Article, during execution of the conversion process for aFRR Balancing Energy Offers, the HETS Operator shall take into account the characteristics of aFRR Standard Products and the following information regarding the Entities to which aFRR Balancing Energy has been conferred:
    a)    the steps of upward and downward aFRR Balancing Energy Offers,
    b)    the Balancing Energy awarded for upward and downward aFRR in accordance with the latest resolution of the ISP,
    c)    technical constraints in accordance with Registered Characteristics,
    d)    the Market Schedules,
    e)    the Available Capacity, based on the most recent Non-Availability Declarations submitted.
  5. In carrying out the conversion process of the aFRR Balancing Energy Offers, the HETS Operator shall identify the steps eligible for activation of aFRR Offers as follows:
    a)    The upward aFRR Balancing Energy Offer steps are selected from the Balancing Services Entity’s aFRR Reference Point and for a volume equal to the upward aFRR Balancing Energy granted to the Entity.
    b)    The downward aFRR Balancing Energy Offer steps are selected from the Balancing Services Entity’s aFRR Reference Point and for a volume equal to the downward aFRR Balancing Energy granted to the Entity.
    The aFRR Reference Point means the ISP Schedule and is used to determine the steps of Offers eligible for activation under the aFRR Process.
  6. In exceptional cases where the provision of aFRR Balancing Capacity other than the results of the ISP is required for operational security reasons, the volume and the aFRR Reference Point referred to in paragraph 4 of this Article may be amended. More specifically, the volume may differ from the assigned aFRR Balancing Capacity, and the aFRR Reference Point may differ from the ISP Schedule, taking into account the Registered Characteristics and Availability of the Entity as well as the aFRR needs of the HETS.
  7. Details of the conversion of aFRR Balancing Energy Offers into Standardized Products are described in the Technical Decision ‘Rules for the conversion of Balancing Energy Offers into Standardized Products on the Local Merit Order List.