SECTION VI BALANCING MARKET SETTLEMENT
CHAPTER 19 IMBALANCE AND BALANCING ENERGY SETTLEMENT
Article 19.4 Calculation of debits and credits for energy activated for purposes other than balancing

  1. The debits or credits to the Balancing Service Providers for each Balancing Service Entity, e, they represent, per Imbalance Settlement Period, t, for energy activated for purposes other than balancing shall be calculated as follows:

    a) as the sum of the products of all steps, which result from the multiplication of the quantity of upward balancing energy in each step by the Price of the Offer for upward Balancing Energy for mFRR for that step and for the corresponding Entity. 

    AOECe,tmFRR,up = ∑s(mFRRQe,αs,tup ×OPBEe,s,tmFRR,up)

    Where:

    AOECe,tmFRR,upThe debit or credit for upward Balancing Energy activated for purposes other than balancing for a Balancing Service Entity e and an Imbalance Settlement Period t.
    mFRRQe,αs,tupthe segment, as, of step, s, in MWh of the upward Balancing Energy Offer for mFRR that has been validated for a Balancing Service Entity, e, for an Imbalance Settlement Period, t.
    OPBEe,s,tmFRR,upthe price in €/MWh of step s of the upward Balancing Energy Offer of a Balancing Service Entity e for mFRR for an Imbalance Settlement Period t.

    b) as the sum of the products of all steps, which result from the multiplication of the quantity of downward balancing energy in each step by the Price of the Offer for downward Balancing Energy for mFRR for that step and for the corresponding Entity.

     AOECe,tmFRR,dn = ∑s(mFRRQe,αs,tdn ×OPBEe,s,tmFRR,dn)

    Where:

    AOECe,tmFRR,dnThe debit or credit for downward Balancing Energy activated for purposes other than balancing for a Balancing Service Entity e and an Imbalance Settlement Period t.
    mFRRQe,αs,tdnthe segment, as, of step, s, in MWh of the downward Balancing Energy Offer for mFRR that has been validated for a Balancing Service Entity, e, for an Imbalance Settlement Period, t.
    OPBEe,s,tmFRR,dnthe price in €/MWh of step s of the downward Balancing Energy Offer of a Balancing Service Entity e for mFRR for an Imbalance Settlement Period t.
  2. Where the calculated amounts AOECe,tmFRR,up of AOECe,tmFRR,dn activated energy for non-balancing purposes are negative, the Balancing Entity shall be required to pay the calculated amount, whereas when the amounts calculated are positive, the Balancing Entity shall be entitled to collect the calculated amount.