SECTION V BALANCING ENERGY MARKET

CHAPTER 15 BALANCING ENERGY OFFERS IN THE BALANCING ENERGY MARKET

Article 15.3 Revision of the aFRR Local Merit Order Lists by Balancing Service Providers

1. On completion of the process of converting aFRR Balancing Energy Offers into Standard Product offers, the HETS Operator shall communicate the Local Merit Order List to the Balancing Service Providers.
2. In the event of an event affecting the activation of one or more eligible steps of the Offers, Balancing Service Providers shall promptly and without undue delay revise their availability on the Local aFRR Merit Order List, and shall submit appropriate justification at the same time. Eligible steps to provide upward aFRR are reviewed in descending order, starting with the step with the highest Balancing Energy Offer price. Eligible steps to provide downward aFRR are reviewed in ascending order, starting with the step with the lowest Balancing Energy Offer price.