SECTION V BALANCING ENERGY MARKET
CHAPTER 15 BALANCING ENERGY OFFERS IN THE BALANCING ENERGY MARKET
Article 15.1 Submission of Balancing Energy Offers to the Balancing Energy Market
  1. Balancing Energy Offers are submitted by the Balancing Service Providers for each Balancing Service Entity and for each mFRR Time Unit of the Dispatch Day, separately for mFRR and aFRR.

  2. Balancing Energy Offers for mFRR may be submitted, at the latest, until the respective Deadline for Submission of mFRR Offers. The Deadline for Submission of mFRR Offers shall be fifteen (15) minutes before each mFRR Time Period to which the submitted mFRR Balancing Energy Offer applies.

  3. Balancing Energy Offers for aFRR may be submitted, at the latest, until the respective Deadline for Submission of aFRR Offers. The Deadline for Submission of aFRR Offers shall be forty-five (45) minutes before each aFRR Time Period to which the submitted aFRR Balancing Energy Offer applies.

  4. Each Balancing Energy Offer is assigned to a specific mFRR Time Unit during the Dispatch Day. In all other respects, the submission of mFRR and aFRR Balancing Energy Offers, with regard to the terms governing their content and form, shall be in accordance with the provisions laid down in Article 12.2.

  5. For Dispatchable Generating Units and Pumped Storage Dispatchable Hydroelectric Generating Units, the ISP Balancing Energy Offers per Dispatch Period are automatically converted into equivalent 15-minute mFRR and aFRR Energy Market Offers. Each ISP Balancing Energy Offer per Dispatch Period shall be converted into two (2) equivalent 15-minute Balancing Energy Offers for mFRR and aFRR, in the same form and for the same Balancing Energy volumes and prices as those in the original offer. These automatically created Offers shall be deemed as submitted by the Participant and shall produce all the results provided for in this Rulebook, as if the Offers had been submitted by the Participant.

  6. The price of the Balancing Energy Offers for mFRR and aFRR submitted pursuant to paragraph 1 of this Article by Balancing Service Providers representing Dispatchable Generating Units, including Dispatchable Hydro Generation Units with pumped storage capability, must be an improved price in relation to the ISP Balancing Energy Offer submitted to the ISP for the Dispatch Period which includes the mFRR Time Unit. The term improved price means a lower price for upward Balancing Energy Offers and a higher price for downward Balancing Energy Offers. The price of the Balancing Energy Offers for mFRR and aFRR submitted pursuant to paragraph 1 of this Article by Balancing Service Providers representing Dispatchable Generating Units, including Dispatchable Hydro Generation Units with pumped storage capability, cannot be changed in relation to the volume of the ISP Balancing Energy Offer submitted to the ISP for the Dispatch Period which includes the mFRR Time Unit.

  7. For the Dispatchable RES Units Portfolios and the Dispatchable Load Portfolios after each ISP, for each Dispatch Period until the end of the Dispatch Day for which there is a corresponding obligation, in accordance with Article 14.5, the ISP Balancing Energy Offers shall be automatically converted into corresponding 15-minute mFRR and aFRR Energy Market Offers and shall replace any other currently valid offers. Each ISP Balancing Energy Offer per Dispatch Period shall be converted into two (2) equivalent 15-minute mFRR and aFRR Energy Market Offers with the same Balancing Energy prices and a volume corresponding to the sum of the volumes of Balancing Energy awarded under the ISP, together with the volume of Balancing Energy corresponding to the Balancing Capacity for mFRR or aFRR supply awarded under the ISP.

  8. The price of mFRR and aFRR Balancing Energy Offers submitted pursuant to paragraph 1 of this Article by Balancing Service Providers representing Dispatchable Load Portfolios, and Dispatchable RES Units Portfolios must be improved compared to the price of the ISP Balancing Energy Offer for the Dispatch Period that includes the mFRR Unit for volumes of Balancing Energy corresponding to the Balancing Energy awarded under the ISP and for the Balancing Energy volumes corresponding to the Balancing Capacity volume for mFRR or aFRR supply awarded under the ISP. The term improved price means a lower price for upward Balancing Energy Offers and a higher price for downward Balancing Energy Offers. The volumes of mFRR and aFRR Balancing Energy Offers submitted pursuant to paragraph 1 of this Article by Balancing Service Providers representing Dispatchable Load Portfolios, and Dispatchable RES Units Portfolios may not be reduced for the Dispatch Period that includes the mFRR Time Unit in relation to the sum of the volumes of Balancing Energy awarded under the ISP and the volumes of Balancing Energy corresponding to the Balancing Capacity for the provision of mFRR and aFRR awarded under the ISP.

  9. The energy quantities included in the upward and downward Balancing Energy Offers submitted to the Balancing Energy Market by the Dispatchable Generating Units, including Dispatchable Hydro Generation Units with pumped storage capability, and the Dispatchable RES Units Portfolios shall be deemed to have been injected/absorbed at the meter connection point.

  10. The energy quantities included in the upward and downward Balancing Energy Offers submitted to the Balancing Energy Market by the Dispatchable Load Portfolios shall be considered to be injected/absorbed at the Transmission System-Distribution System Boundary.

  11. Details on the submission of Balancing Energy Offers are provided in the Technical Decisions "Manual FRR " and "Automatic FRR".