SECTION VI BALANCING MARKET SETTLEMENT
CHAPTER 18 GENERAL PROVISIONS
Article 18.1 General Provisions
  1. Imbalance Settlement Period The 15-minute time period over which the Imbalance of the Contracted Balance Responsible Parties is calculated. The Balancing Energy and the Balancing Capacity shall also be settled per Imbalance Settlement Period.
  2. The Electricity Transmission System Operator remains financially neutral in the management of the Balancing Market. The financial neutrality of the HETS Operator in the operation of the Balancing Market is ensured through the debits and credits to Balance Responsible Parties, as described in Article 21.4 of this Rulebook.
  3. Details and examples of calculations regarding the Balancing Market Settlement are described in Technical Decision "Balancing Market Settlement".
  4. For the execution of the Balancing Market Settlement pursuant to this Section, the provisions of the Balancing Market Regulation shall apply, as applicable at the given time in relation to respective settlement period.