The Balancing Capacity Offers for each Balancing Service Entity and for each Dispatch Period shall consist of individual steps and shall refer to all types of Balancing Capacity for which their Balancing Service Entities have the required technical capacity as per their Registered Characteristics. Each step shall contain the price of the Balancing Capacity Offer in €/MW - hour, accurate to two (2) decimal places, and the quantity of the Balancing Capacity Offer in MW, accurate to one (1) decimal place. 

The minimum quantity of the Balancing Capacity Offer shall be equal to one (1) MW. 

The upward Balancing Capacity Offer shall include between one (1) and ten (10) steps. The Balancing Capacity Offer price for each successive step may not be reduced in relation to the price of the Offer for the preceding step.

The downward Balancing Capacity Offer shall include between one (1) and ten (10) steps. The Balancing Capacity Offer price for each successive step may not be reduced in relation to the price of the Offer for the preceding step.

Balancing Capacity Offers for each Dispatch Period of a Dispatch Day shall be submitted separately for upward and downward FCR Balancing Capacity, for upward and downward aFRR Balancing Capacity and for upward and downward mFRR Balancing Capacity. The price for each step of the above offers shall be greater or equal to the Balancing Capacity Offer Minimum Price and less than or equal to the Balancing Capacity Offer Maximum Price for each type of reserve.

The numerical values of the Balancing Capacity Offer Minimum Price and the Balancing Capacity Offer Maximum Price are specified in the Technical Decision “Technical limits on bidding and clearing prices in the Balancing Market”. This Technical Decision shall be issued at least two (2) months prior to the date of enforcement of the new values of the above limits.